“Great resignation” wave coming for companies • Hacker News Board

Re: “Great resignation” wave coming for companies

#361

Post by FinanceAnon » Mon, Jun 14, 2021, 3:20 PM UTC

jokoon wrote: post #125

FinanceAnon wrote: post #97

Earlier quoted context omitted.

How is this a scalable approach to everyone in the society? Someone has to work to produce food. Someone has to work to produce electricity. Until we can automate everything, most people have to work and contribute to society (unless you choose to be self-sufficient - grow your own food, produce your own electricity etc.)

Not all jobs are equal in term of necessity. Food, shelter, electricity, water, you don't need a lot of people to work those jobs. Punishing unproductive people and encourage them to work in fast food or other wage-slaving do not make sense. The main argument is UBI.

We don't need a lot of people to provide food, shelter, electricity and water for 7.6bn people? What about clothes, cars, furniture, electronics, schools, hospitals, medical equipment?

"The main argument is UBI." - is that it? UBI will solve everything? Let's just print more money and give it to everyone. Problem solved.

As I said in my other comment, I am not saying that the current status-quo is right. I think there is plenty of inequality and injustice in the world, but I just don't think "antiwork" is the way to solve that.

Re: “Great resignation” wave coming for companies

#362

Post by yunohn » Mon, Jun 14, 2021, 3:20 PM UTC

toyg wrote: post #64

sokoloff wrote: post #44

Earlier quoted context omitted.

I’m not passionately anti-crypto, but moving some of our best minds from ads to crypto[currencies/tokens] is not an obvious triumph to me.

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

> slightly-less-obnoxious industry than ads

I almost never see people obnoxiously talking about how ads are great. In fact, it's the opposite - constant ad bashing.

Whereas with crypto, while you have the skeptics and the haters, there are way more obnoxious fanatics.

Re: “Great resignation” wave coming for companies

#363

Post by rchaud » Mon, Jun 14, 2021, 3:21 PM UTC

obstacle1 wrote: post #237

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…

> trust fund crowd You're on a discussion board filled with software developers and tech employees generally. The vast majority of such workers make a lot of money. If you're working in tech and you can't bank enough to take 6m-1yr off, you're doing your finances wrong. It doesn't require a trust fund to avoid the hedonic treadmill and save up.

> If you're working in tech and you can't bank enough to take 6m-1yr off, you're doing your finances wrong.

Why would you assume to know what other people's financial situations are, let alone their wage scale in an industry where not everyone is a US-based SWE?

Re: “Great resignation” wave coming for companies

#364

Post by AnIdiotOnTheNet » Mon, Jun 14, 2021, 3:22 PM UTC

commandlinefan wrote: post #193

> There's not much firms can do to hold onto employees Well, they could always offer more money. Sometimes I crack myself up.

I would personally take more free time over more money any day. The only reason I work a full time job is because it is the only way to get health coverage that you can actually afford.

Re: “Great resignation” wave coming for companies

#365

Post by mhitza » Mon, Jun 14, 2021, 3:22 PM UTC

ChuckNorris89 wrote: post #315

admissionsguy wrote: post #286

Earlier quoted context omitted.

You are not getting health insurance in most European countries unless you are working or registered as unemployed and remain at disposal of the local job centre. And the whole meme that a 65% tax rate +25% vat on most products on top of it (I am in Sweden) is somehow worth it financially because "fReE HeAlThCaRe" is laughable.

Mostly this. Maybe it's more lax in the more worker friendly socialist regions like France or Scandinavia but in Austria you only get healthcare coverage if you work or are unemployed and registered as a job seeker which means staying in the country and proving to your local job center on a regular basis that you are looking for work. Traveling abroad for leisure while unemployed automatically disqualifies you from r…

I find that strange for Austria, considering that in Romania; when unemployed, and not being registered as a job seeker, you can still have insurance.

It's automatic in those situations you've described, but you can buy into the system otherwise.

At today's exchange rate if you'd like to benefit from the healthcare system, for a year, you'd have to make a 271 EUR contribution, with no other criteria required.

Re: “Great resignation” wave coming for companies

#366

Post by [deleted] » Mon, Jun 14, 2021, 3:23 PM UTC

viraptor wrote: post #339

jason0597 wrote: post #334

Earlier quoted context omitted.

> In my circles, everyone from 25-35 is simultaneously preparing to FIRE It's still shocking to me how "chill" this is. "Oh yeah, I'm about to FIRE, no big problem". Achieving FIRE is such a mind blowing concept to me, Let alone at 25-35!!! Where I live we don't have fat six figure salaries flying around allowing us to accumulate a chunky ETF portfolio to live off of. Be grateful for what you have achieved! > Suddenl…

> Achieving FIRE is such a mind blowing concept to me What's FIRE in this context?

[deleted]

Re: “Great resignation” wave coming for companies

#367

Post by pokstad » Mon, Jun 14, 2021, 3:24 PM UTC

Funny, I think the same thing happened to teachers despite the fact that they cannot realistically have a remote option. Teachers unions have been holding out for better pay and benefits while holding in-school services hostage.

Re: “Great resignation” wave coming for companies

#368

Post by EMM_386 » Mon, Jun 14, 2021, 3:24 PM UTC

dcolkitt wrote: post #195

ISO-morphism wrote: post #103

Earlier quoted context omitted.

Nit: I think you meant Fargo, ND rather than Fargo, SD. For local market rate, [1] seems to match anecdata with new grads being 50-70k. MSFT is largely responsible for anything above that. [1] https://www.salary.com/research/salary/benchmark/software-en...

You can’t really just compare average salaries in different metros, because there’s major selection bias. The average engineer in South Dakota is not the same as one in San Francisco. Less talented workers tend to heavily flow towards low COL markets, because they’re less to achieve a high enough productivity differential to justify the high cost. This obviously isn’t true for every single case. But the typical engin…

> The average engineer in South Dakota is not the same as one in San Francisco.

How do you know? I've worked with extremely talented engineers from all over the globe at this point, 20+ years in. Do you think all the engineers in San Francisco were born there?

You would never guess where I'm living, and it's not San Francisco. I'd love to, but I'm waiting for tech to recede a bit and a sense of normalcy to return.

Re: “Great resignation” wave coming for companies

#369

Post by ludamad » Mon, Jun 14, 2021, 3:25 PM UTC

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…

Careful with gap years to clear your plate to work on slower pace stuff - if you're anything like me, you'll have trouble doing the one thing day in and day out. Even with full freedom, it is hard to manage one's output

Re: “Great resignation” wave coming for companies

#370

Post by Wonnk13 » Mon, Jun 14, 2021, 3:25 PM UTC

dcolkitt wrote: post #325

screye wrote: post #263

> Surveys show anywhere from 25% to upwards of 40% of workers are thinking about quitting their jobs. This number is meaningless without previous year trends. In my circles, everyone from 25-35 is simultaneously preparing to FIRE and no-one that's 35+ has actually changed jobs despite being 'financially independent'. Expressing intent to resign, and actually resigning are completely different things. (edit: to clarif…

> Expressing intent to resign, and actually resigning are completely different things. You have to ask yourself, why this is the case. And the simple answer is status quo bias. Many dream of a different life, but few will actually pull the trigger on a major change. However if a company suddenly changes an established working relationship, then all bets are off the table. If people have gotten used to WFH, and now yo…

>Never piss off your employees by taking away something they feel entitled to.

I've read one of the easiest ways to break moral in an office is to simply take away the snacks. Forget nap pods, or walking desks- don't touch my clif bars!!