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“Great resignation” wave coming for companies

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Re: “Great resignation” wave coming for companies

#501

Post by comeonseriously »

Wonnk13 wrote: post #370
dcolkitt wrote: post #325

Earlier quoted context omitted.

> 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!!

Exactly. A lot of people think, if the company is so tight or so stingy (whichever the case may be) they can't afford bagels anymore, it might behoove me to search for work elsewhere.

Re: “Great resignation” wave coming for companies

#502

Post by setgree »

bytematic wrote: post #467
setgree wrote: post #198

Earlier quoted context omitted.

I left my job in May and I'm hiking the Appalachian Trail now. I saved more than enough for living in a tent for 5 months (admittedly the tent was expensive but I already had it). So far it's been great. I've met a lot of folks who are burned out and taking some time to think. If long-distance hiking appeals, I'd be happy to discuss it. Long-distance hiking isn't for everyone but

How much savings for that 5 months?

I saved low five figures but I don’t expect to need all of that. On very rainy days, or when I need to do laundry, I typically go to a hostel or split a hotel room with fellow hikers. Other than that it’s really just food and miscellany…having said that I am carrying like $1500-$2000 worth of gear at any given time so there is a real startup cost.

Re: “Great resignation” wave coming for companies

#503

Post by setgree »

karanke wrote: post #430
setgree wrote: post #198

Earlier quoted context omitted.

I left my job in May and I'm hiking the Appalachian Trail now. I saved more than enough for living in a tent for 5 months (admittedly the tent was expensive but I already had it). So far it's been great. I've met a lot of folks who are burned out and taking some time to think. If long-distance hiking appeals, I'd be happy to discuss it. Long-distance hiking isn't for everyone but

Could you leave your email in your bio? Or email me? Definitely interested to learn more about your experience.

Happy to! It’s my HN username at gmail dot com

Re: “Great resignation” wave coming for companies

#504

Post by rubicon33 »

thatfrenchguy wrote: post #391
tgtweak wrote: post #289

Earlier quoted context omitted.

I appreciate the alternative perspective and productive-pessimism, but anecdotally in my immediate social circle of engineers, 5 have changed jobs - all for substantial upgrades, and not 1 of them was for a job that required office presence or downgrade in quality of environment. The last year has been so strong for online tech that there is a heavy vacuum effect on the available talent. FAANG are struggling to fill…

> FAANG are struggling to fill demand in hiring and are offering increasingly high salaries This has been the case, according to my colleagues who are older, since at least 2003 ;-)

And yet, they still persist on presenting leetcode riddles that have very little relevance to the job being interviewed for.

If they were hurting that much for devs, you'd think they might lower the bar a little by not requiring a years study of leetcode.

Re: “Great resignation” wave coming for companies

#505

Post by vidarh »

majormajor wrote: post #494
admissionsguy wrote: post #377

Earlier quoted context omitted.

I am honestly very bitter about Americans glorifying the European system while happily taking home 2/3rds of their 100k+ developer salaries and enjoying much lower prices of everything. With regards to insurance: - in some countries (UK, Sweden) - the insurance is contingent on having a social security number, so the coverage is pretty much universal for residents, but people coming from other EU countries will still…

> I am honestly very bitter about Americans glorifying the European system while happily taking home 2/3rds of their 100k+ developer salaries and enjoying much lower prices of everything. Why do you believe those salaries are the result of the American healthcare system? Per-capita, Americans pay more than anyone for healthcare, just in a very unbalanced way that dramatically favors those with a job over those withou…

Notably, Americans pay more per capita for Medicare and Medicaid alone than many European countries pay per capita for universal coverage.

> Regarding comparing tax rates, those six figure job numbers don't include the substantial amount the employer is paying to the healthcare company.

To be fair, in many European countries - and certainly for Sweden - there's substantial payroll taxes paid by employers as well. Though to end up at 65% in Sweden even with employers payroll taxes tacked on, you're already earning a multiple of an average salary.

Re: “Great resignation” wave coming for companies

#506

Post by ggggtez »

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…

I did something similar between school and a job, but it wasn't so much intentional as acute burnout.

In tech, we luckily have the luxury to take time off and recover when we need to.

I worked on some closed source personal projects and worked on getting into shape. When I was ready to return, the employer didn't really care that I had taken time off.

Re: “Great resignation” wave coming for companies

#507

Post by mywittyname »

alistairSH wrote: post #480
Loughla wrote: post #278

Earlier quoted context omitted.

Higher education is my main job - we're not seeing an influx like we expected of people returning to college, but we are seeing an increase in non-traditional (24y.o.+) students. They are, to paint with a very broad brush, folks who all worked in food service, retail, or other front-line sales industries. The forced time off last year made them realize they were killing themselves for not very much money, and they're…

There is currently a wild and IMMENSE disconnect from worker attitudes to beliefs about worker attitudes, and I don't know why. Largely because business owners are pushing the "$300/month is making everybody lazy" narrative. There doesn't appear to be much evidence it's true, at least not to the extend business owners would have us believe.

Because they've never been on unemployment and small business owners largely have a poor opinion of UI in general.

My MIL was laid off from a university job at the beginning of the pandemic and her UI ran out a looong time ago. The only reason she even collected it for as long as she did was because nobody is hiring elderly women.

Re: “Great resignation” wave coming for companies

#508

Post by kevstev »

ChrisRR wrote: post #33
TX0098812 wrote: post #4

> Surveys show anywhere from 25% to upwards of 40% of workers are thinking about quitting their jobs. How does this compare to the figure over a longer period of time?

Exactly. I'm sure people are often thinking about quitting their jobs, but are they actually likely to quit within the next 12 months or are they just thinking about it?

Well another way to frame this is "X% are willing to quit their jobs if they can find a better offer" but only a fraction of that actually manage to find that something better. Not being able to do so could be due to those employee's shortcomings, but more likely its about how many better jobs there are and how competitive it is to get those jobs.

Re: “Great resignation” wave coming for companies

#509

Post by myko »

busterarm wrote: post #466
myko wrote: post #385

I've interviewed a lot of devs in the midwest (Columbus, OH) the past few months and everybody, even new college grads, expect $120k+ salaries. Mind blowing to me as I know devs who've been around ~10 years in the midwest who are only approaching those numbers.

And they can get it easily. I think if a lot of seniors started looking at their pay compared to new hires they would realize that they are severely underpaid right now. Unfortunately the trend right now seems to be companies bulking up on expensive, lower quality talent hoping it has more upside potential. I think if you can't offer at least $90k with a significantly great benefits package you are really going to st…

> And they can get it easily. I think if a lot of seniors started looking at their pay compared to new hires they would realize that they are severely underpaid right now.

Oh yes, a lot of the folks doing the interviewing at my org are seeing this (myself included).

Re: “Great resignation” wave coming for companies

#510

Post by Mauricebranagh »

ahelwer wrote: post #113
aphextron wrote: post #110

Earlier quoted context omitted.

>Gap year? No! I am merely doing independent consulting. Do I actually have any contracts? So many questions! People aren't stupid. They'll have questions. And lies are extremely hard to keep straight in the long term. The sad fact of the matter is that you are not a person to them in the initial hiring process. You are a piece of paper. And unless you are some rock star 10x top level candidate with impressive creden…

See my other comment on why this isn't lying. And stop being scared of your own shadow around interviewers.

Seconded one of my regrets was not really going for a place on a round the world boat race a few years ago and taking a sabbatical to do the whole thing.

Id just been diagnosed which a chronic illness and though it would have been fair on the rest of the crew.

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