I guess we all want more free time and less work.
“Great resignation” wave coming for companies
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Re: “Great resignation” wave coming for companies
#22Im 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…
>Maybe more involvement in OSS is coming too?
Yep, that's what I'm seeing already.
Financially incentivized OSS (much of which falls under the label 'crypto') is very attractive if you're in the top percentiles of competence & drive.
Has there ever been an open, competitive, global, beurocracy-free, low barrier to entry market like this?
Re: “Great resignation” wave coming for companies
#23Not a big deal at all. A great number of people are always looking to change their job at any given time. During the pandemic maby were reluctant to act on it, so it could have created a big delayed volume of resignations. It is not a problem because would be a lot of candidates to fill in the ranks, who too have quit their previous jobs.
You may be right but this seems extremely presumptuous—how do you know the people will go back vs taking a gap year or other extended hiatus or field change?
Not GP, but most people are not secure enough (either financially or psychologically) to just quit for a year. The overwhelming default is trading one job for another rather than trading your job for margaritas on the beach.
Re: “Great resignation” wave coming for companies
#24I'm not sure I believe the conclusion based on the survey. Resigning and "thinking about quitting [your] job" are very different things. I've spent my whole working life thinking about quitting but I've rarely actually quit, the pandemic hasn't changed that.
I know a lot of people who are looking for alternative jobs because their companies expect a full return to the office. They are all looking for more flexible, or remote-first, employers.
Re: “Great resignation” wave coming for companies
#25Im 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…
Best of luck!
I didn't do a gap year either. I left education at 16 and immediately went into FTE and have been there ever since (for longer than I dare count) and now that I am all wrapped up in a mortgage and kids I'm not sure I'll be taking a gap year any time soon (voluntarily, anyway!)
FWIW I have worked with several colleagues who took a gap year and never stopped. They pick up remote contract work along their travels and continue living the life of a modern day nomad. Not one of them is unhappy :)
Re: “Great resignation” wave coming for companies
#26Most people are open for new opportunities and are proactively or passively checking at all times anyway.
If a recruiter calls me and has an up to date cv, I will have a chat with them.
This might lead to something, if not, at least they have their crm updated for the next calls.
And when the need arises, you can get back at them, one of them placed me in a FAANG with full remote recently, totally unexpected.
I think many people will consider quitting one semi or on premises job for a remote, I certainly would not go back to office unless it is a head of or c level position, if I can avoid it.
Re: “Great resignation” wave coming for companies
#27Hiring is just picking up. If you didn’t grab the best people during the pandemic because you had an incredible glut of qualified people applying, good luck doing that shit now.
Should be good for wages then. Unfortunately my company already did our yearly compensation adjustment. 2%, of course.
Sounds like my employer, and I’ve been on-site for 1 year. Their excuse for 2% raises was that the economy was bad, despite record earnings and productivity during the pandemic. Now that inflation is 5%, I’m gone with another 2% raise.
Re: “Great resignation” wave coming for companies
#28Even if it's true, you'll need an equal hiring wave on the other side of the equation. It's not like people are stopping work altogether.
Re: “Great resignation” wave coming for companies
#29Not a big deal at all. A great number of people are always looking to change their job at any given time. During the pandemic maby were reluctant to act on it, so it could have created a big delayed volume of resignations. It is not a problem because would be a lot of candidates to fill in the ranks, who too have quit their previous jobs.
Synchronized resignations are definitely more of a headache than staggered ones. For example, in a normal situation if I quit my boss will be able to hire someone to replace me, knowing what my strengths and weaknesses are and what gaps my departure has created for the team. If they quit then I am a source of information to whoever is hired to replace them. Of course anyone is replaceable but some knowledge will be l…
LITP: Long-Term Incentive Plan
Re: “Great resignation” wave coming for companies
#30Im 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…
>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 but even they did low pay large applicant pool type jobs at least tangentially related to their careers (e.g. working as basically unskilled labor on tourist fishing charters in Miami before getting a real entry level job on a container ship). Heck, even the people who took a year off before college were doing stuff tangentially related to their career/skillset in that time (e.g. working for geek squad prior to going to school for CE). I know a couple people who went from full time to part time or to less demanding jobs in their field prior to retirement. I know a couple people who did jobs not related to their vocational training for less than a year after they got out of the military but that was more of a stopgap to keep a roof over their head. I don't know anyone who's gone from full time to part time or less unless it's part of a career transition or approach to retirement. I'm sure there's someone somewhere who's managed to pay their rent by waiting tables and stripping for a grand total of 15hr/wk and spent the rest of the time doing art or writing a book or something. I'm sure there's someone who's banked a ton of money and taken a year off in the middle of their career. I don't know anyone who's pulled something like that off.