Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

“Great resignation” wave coming for companies

axios.com

Post reply on HN
Print view View original

181–190 of 1001 posts

Re: “Great resignation” wave coming for companies

#181

Post by ghaff »

ebiester wrote: post #148
KaiserPro wrote: post #58

Earlier quoted context omitted.

Its far more nuanced than that. you won't be marked as radioactive, but you will have to reassure people that you're not planning to do it again with little to no notice. apart from that, I would plan to get back a month earlier than planned so you have a money buffer to get a job you want, rather than _need_

Always assume that you will have bad luck and will need a few months to get a job. More importantly, you will have higher standards for your next job if you have the financial security to do so. That said, I forsee a lot of gap years in 2021-2023. The key is to have something to show for it. Did you spend a year in another country and learn the language? Do you have a series of open source pull requests? Do you have…

I feel like I'm seeing a larger than normal wave of retirements. Which isn't surprising. People who were thinking that way anyway probably figured they might as well keep collecting a salary during the pandemic given everything was closed anyway. But now that travel is creaking back to life, etc. people are ready to pull the trigger.

Re: “Great resignation” wave coming for companies

#182

Post by pmichaud »

lotsofpulp wrote: post #132
KineticLensman wrote: post #114

Earlier quoted context omitted.

I haven't taken a gap year myself but a good friend took a six month unpaid travel-leave period in the company we both used to work for. He had a great time. When he finished and got back into work he realised that his break very similar to a female employee taking maternity leave. As it happened, our company was quite good with maternity leave, and many of the women who took it resumed very successful careers. So, p…

> When he finished and got back into work he realised that his break very similar to a female employee taking maternity leave. I have not met a single woman who would compare maternity leave to a travel leave and a “great” time. Infants are a ton of work, and between recovering from the birthing process (a vaginal tear with a few stitches is considered one of the best outcomes), learning how to breastfeed, only sleep…

My interpretation of the post you're responding to wasn't that the experiences were similar, but that the work culture responses and company infrastructure for handling extended absences worked the same way for him as they did for mothers. I think the point was that if there are good systems in place at a company for maternity leave, that maybe people can use those same system to take non-maternity time off.

Re: “Great resignation” wave coming for companies

#183

Post by ChrisRR »

lotsofpulp wrote: post #163
ChrisRR wrote: post #107

Earlier quoted context omitted.

I'm not clued up on US healthcare, but is $680 a lot, average, low? Does it cover all procedures? Is there an excess? Value of coverage?

Here is a good pdf where you can calculate it for your age: https://www.state.nj.us/dobi/division_insurance/ihcseh/ihcra... Basically, the metal levels are as follows: bronze, silver, gold, platinum are priced so that you the insurance company pays 60%, 70%, 80%, 90% of the healthcare costs. Of course, this is an actuarial calculation, so it’s only true over a large population over a long timeline. But healthcare is…

Wait, so insurance doesn't even cover 100% of the costs?

So when you hear about those people who get lumped with $100k medical bills they still have to pay like $20k of that on top of your insurance?

What happens if you can't afford the remaining percentage?

Re: “Great resignation” wave coming for companies

#184

Post by 41209 »

This is fantastic

For one life is too short to work like a dog, and for anyone who stays they'll be able to demand higher salaries.

Right now I have enough money saved up where I don't really need to work for the rest of the year. If it wasn't for the pandemic restricting international travel, I would simply up and move to a low cost of living country and try and take a full year off.

Re: “Great resignation” wave coming for companies

#185

Post by csomar »

snowwrestler wrote: post #86
hooande wrote: post #70

What I don't understand is that everyone still has roughly the same expenses as they did before. The basic economics of rent, groceries, child care, car payments, etc have not changed. I'd think people might move from one industry to another. But how can a wave of people afford to quit? I guess people are living off of their savings, but that seems like a temporary solution. At the least I'd expect to see a similar w…

Capital assets went up a surprising amount during the pandemic. My stock portfolio and my house are worth a lot more than they were 2 years ago. I feel a temptation to use that money. I also have a nagging feeling that it’s somewhat artificial (the govt pumped a ton of money during the pandemic) so I should cash out before it falls.

Stocks, sure. But don't sell your house (if you only have one).

Re: “Great resignation” wave coming for companies

#186

Post by throwaway894345 »

samvher wrote: post #134
throwaway0a5e wrote: post #30

Earlier quoted context omitted.

>I kept hearing its not unusual for people in the west to take gap years, so thats what Im doing. You hear a heck of a lot more about it on HN than happens in reality. Maybe I don't hang out with the trust fund crowd enough but I don't know ANYONE who's taken a "gap year" where they weren't doing something for ~40hr/wk in order to make a buck. I know a few people who didn't jump right into career stuff after college…

I guess we have different social circles, but I know many people who have done this and none of them are "trust fund crowd". Have done it myself for multiple half-year-or-so periods as well. Maybe it's more of a European thing to do. I spent 3 months as a research assistant in Australia and used savings from that period to travel in South-East Asia and South America for 6 months or so. Shortly after graduating, havin…

> Maybe it's more of a European thing to do.

Yeah, for Americans it means buying health insurance which is quite a lot more expensive than what you get from your employer.

Re: “Great resignation” wave coming for companies

#187

Post by pcthrowaway »

dimgl wrote: post #102
toyg wrote: post #64

Earlier quoted context omitted.

Money gotta money. At least crypto is a slightly-less-obnoxious industry than ads and tracking...

And much less useful.

Brave is a really good example of where the two can even meet. It would not have been possible without crypto, and I'd suggest it's much more useful than the entire traditional ad industry.

Re: “Great resignation” wave coming for companies

#188

Post by the_fire_friar »

wsc981 wrote: post #133
dreen wrote: post #7

Im quitting and not looking for another job. Gonna use the savings to take a gap year, or a couple, work on some stuff I want maybe. Maybe more involvement in OSS is coming too? I've never had a gap year, it was all school, then immigration, work, university, more work. Any holiday time you fly back home. I kept hearing its not unusual for people in the west to take gap years, so thats what Im doing. edit: thank you…

In 2016 I took about half a year off, staying in Thailand and working on my hobby projects. Was one of the best, most happy periods in my life. It made me more focused on trying to reach early “retirement” so I can work fulltime on my hobbies. Hopefully I can achieve this goal before I’m 45 years old.

Me too! I made this site to help: https://fiers.co

Re: “Great resignation” wave coming for companies

#189

Post by emptyfile »

samvher wrote: post #134
throwaway0a5e wrote: post #30

Earlier quoted context omitted.

>I kept hearing its not unusual for people in the west to take gap years, so thats what Im doing. You hear a heck of a lot more about it on HN than happens in reality. Maybe I don't hang out with the trust fund crowd enough but I don't know ANYONE who's taken a "gap year" where they weren't doing something for ~40hr/wk in order to make a buck. I know a few people who didn't jump right into career stuff after college…

I guess we have different social circles, but I know many people who have done this and none of them are "trust fund crowd". Have done it myself for multiple half-year-or-so periods as well. Maybe it's more of a European thing to do. I spent 3 months as a research assistant in Australia and used savings from that period to travel in South-East Asia and South America for 6 months or so. Shortly after graduating, havin…

Maybe a western/northern european thing to do.

In eastern Europe it's normal for your degree to take anywhere from 1-3 year longer than it should have for various reasons including "taking a year off to chill", but actual, planned gap years where you're not in education are basically unheard of. Let alone gap years where you travel around and spend money.

I know a few people who signed up for master degrees in say Germany and found that almost everyone in the program is a few years older then them.

Re: “Great resignation” wave coming for companies

#190

Post by bingidingi »

ChrisRR wrote: post #107
jitl wrote: post #87

Earlier quoted context omitted.

After I left Airbnb, I paid $680 a month to keep my previously employer-paid health insurance. Very cool, loved to have the “freedom of choice” to “participate in the market”. Insurance feels like another little way businesses seek to own people in the US. Want to own yourself? Gotta pay the lease… on your own body.

I'm not clued up on US healthcare, but is $680 a lot, average, low? Does it cover all procedures? Is there an excess? Value of coverage?

$680 is probably somewhat typical, I pay $1000/mo for family coverage.

It only covers "medically necessary" procedures as deemed by the insurance company (there are some laws requiring certain procedures to be covered). You have to use specific doctors and facilities.

Typically you have a deductible as well. I have to pay $4,000 out of my own pocket before insurance kicks in. Preventative care (check-ups) are usually covered by a co-pay, mine is $30.

There's usually an out-of-pocket maximum you can pay every year (mine is $9,000). That's the real value of the insurance... if you're in a catastrophic event hopefully it caps your costs (but it doesn't always depending on facility, procedures, etc).

Not sure what you mean by excess or value of coverage, but the answer is probably no.

This does not include dental or vision services.

Post reply on HN