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“Great resignation” wave coming for companies

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Re: “Great resignation” wave coming for companies

#531

Post by throwaway894345 »

morelisp wrote: post #472
campl3r wrote: post #431

Earlier quoted context omitted.

definitely the case in Germany. If you're unemployment and not looking for a job or exempt from it(sickness, poverty, ...), you're going to need to pay on your own.

So... not the case in Germany. You don't need to be employed or in social programs, you can just pay money. In Germany it's a fixed amount, less than you would pay if you had income, and they can't refuse you. I know to a European this might sound like the only two options, but pre-Obamacare, and very possibly again if the US can't get its shit together, it was impossible to buy health insurance no matter how much mo…

> You don't need to be employed or in social programs, you can just pay money

If there are different pricing tiers based on employment status, then the healthcare system is contingent on employment by definition. It's commendable that the American and European healthcare systems aren't contingent on pre-existing conditions, but that's a distinct issue.

Re: “Great resignation” wave coming for companies

#532

Post by throwaway894345 »

morelisp wrote: post #451
throwaway894345 wrote: post #335

Earlier quoted context omitted.

To be clear, I'm merely saying "the complexities of the American healthcare system might be why Europeans are more inclined to take gap years". That said, I didn't know that European public health insurance was commonly contingent on employment. I would be curious to know more about this.

Most (all?) European health care is not contingent on employment. With a few exceptions (notably the UK) it is contingent on being able to afford it, and one way to do that is following the rules to have the gov't pay for it. It's guaranteed, and highly regulated in price; it's not free. The easiest way to afford it is to have a job. However, if you are willing to pay more (still much less than equivalent US health i…

This is just semantics. If you have to pay more because of your employment status, then the system in question is contingent on employment for all useful purposes.

Re: “Great resignation” wave coming for companies

#533

Post by davedx »

rubicon33 wrote: post #481
aurelianito wrote: post #425

Earlier quoted context omitted.

Not the original commenter, but this is the situation in Argentina. I would love to do a remote gig and get 100k a year. I am a programmer with over 20 years of experience and I can program professionally in over 10 different programming languages.

It is worth noting that software salaries are artificially inflated HEAVILY due to a general unwillingness or lack of interest in hiring overseas developers. The second this changes, the bottom drops out of software. I don't know if it will ever happen that big companies begin openly accepting overseas applicants but if/when it does, you can expect that it wont be for 100k. Suddenly when you consider the entire plane…

This is absolutely untrue. In The Netherlands the government has a 30% tax rebate for devs who come from elsewhere and it’s leveraged intensely, more than half of the devs I work with at bigger companies here are usually not Dutch.

Re: “Great resignation” wave coming for companies

#534

Post by compiler-guy »

ryandrake wrote: post #403
rchaud wrote: post #363

Earlier quoted context omitted.

> 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?

Not to mention, even if you can save this much, put it in your 401(k), not a vacation savings account. The financial impact of taking a whole year without pay in your 20s probably adds 5 years to your retirement date, due to compounding interest and investment growth. Is it really worth it, just so you can fill your Insta with pictures of you windsurfing in Ibiza?

"Is it really worth it, just so you can fill your Insta with pictures of you windsurfing in Ibiza?"

Do you really think all these folks want to do is fill their Instagram with pictures of windsurfing in Ibiza?

That misses the entire point of travel. It isn't to show off on instagram (although that can be a fun component, it isn't the driver for 99% of people); it isn't to tell other people you did it.

It is to have this amazing experience with a foreign culture and place. And that is very hard to value.

Yes, planning for retirement is important. But you may also be dead before you get there. It takes balance.

Re: “Great resignation” wave coming for companies

#535

Post by notabothonest »

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…

Well, this is an ultra-cynical take on the article. It's also a little myopic in the sense that it assumes increased work flexibility must somehow have a high associated cost, such as loss of insurance, or lack of job stability. That just isn't the case.

Although I don't believe that we're about to enter some form of work/life balance utopia, just from my own circle of friends, big changes are inbound.

Firstly, many of us, including me, have for years been told that working from home more than a day a week was an impossibility, and that we should be grateful for that 1 day at all. Although frequently WFH days came with caveats, such as no Mon/Fri WFH, and there was the ever present threat of it being taken away.

Then, along comes the pandemic, and 'lo and behold, I've been working home for over a year without any issue. So have the bulk of the people I know, especially those in the technology sector. All of a sudden the dozens of arguments I have had with clients and employers over the years have all landed firmly on what I have been saying all along; we don't need to be in work every day, hell, we don't even need to be in work every week.

The cat is out of the bag now, and there isn't going to be putting it back in. A lot of the last year has been positive for many, including me. I've seen more of my own daughter in the past year than I've seen in the previous 7 years combined, and I've come to appreciate how important that has been to both of us. I'm not about to let that go without a fight.

Re: “Great resignation” wave coming for companies

#536

Post by helge9210 »

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!!

> I've read one of the easiest ways to break moral in an office is to simply take away the snacks

For me this is indication of cost cutting going into effect. This means it's time to stop riding a dead horse and to start looking for a live one.

Re: “Great resignation” wave coming for companies

#537

Post by kamarg »

rubicon33 wrote: post #504
thatfrenchguy wrote: post #391

Earlier quoted context omitted.

> 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.

It's more expensive to make a bad hire than to not hire someone and move a bit slower.

Re: “Great resignation” wave coming for companies

#538

Post by majormajor »

Volrath89 wrote: post #512
rubicon33 wrote: post #481

Earlier quoted context omitted.

It is worth noting that software salaries are artificially inflated HEAVILY due to a general unwillingness or lack of interest in hiring overseas developers. The second this changes, the bottom drops out of software. I don't know if it will ever happen that big companies begin openly accepting overseas applicants but if/when it does, you can expect that it wont be for 100k. Suddenly when you consider the entire plane…

I'm located in Colombia, and all my developers friends/acquaintances that speak English are already working for US companies. Some of them earning 100k+, but most of them earning about 50-70k. I'd say there is not a general unwillingness to hire overseas developers, on the contrary, if more people could speak english in south america US companies would be more than happy to hire even more here. There is a shortage in…

South America is an interesting one for a lot of US companies because the timezones line up much better with US-local folks than in any other continents.

There are still other substantial collaboration challenges, but if more places move to be truly remote-first, those places will necessarily have solutions for that anyway.

Re: “Great resignation” wave coming for companies

#539

Post by admissionsguy »

vidarh wrote: post #517
throwaway894345 wrote: post #499

Earlier quoted context omitted.

> The vast majority in Sweden pays nothing like "65% tax rate + 25% vat", though. To get to that tax rate you need to earn far above average. First of all, the OP is including the social security tax in the 65% figure. But more importantly, arguing that "the average Swede doesn't pay that much in tax" isn't very consoling for the American who would have to (1) take a salary hit to live in Sweden and (2) have to pay t…

The numbers I quoted also include the social security taxes (I edited to make that clear, so apologies if you replied before I made that edit). Swedish marginal rates certainly are among the highest in Europe, but the proportion who pay that much is tiny. And yes, there are people who will end up paying more, and it sucks for them. The point is there's always this scaremongering about tax rates when it comes to Europ…

As a self-employed person, my marginal rate starts at over 50% (ignoring the rather insignificant yearly allowance).

Re: “Great resignation” wave coming for companies

#540

Post by aYsY4dDQ2NrcNzA »

sokoloff wrote: post #462
vidarh wrote: post #415

Earlier quoted context omitted.

I like the one who suggested the answer to the question of how much the free drinks cost should be "less than the cost of hiring a single engineer".

Used to work at an office where they got rid of free drinks. The morning it happened, Top Engineer 1 sent a mail to all Boston staff announcing he was thirsty and asked if anyone else was similarly thirsty and wanted to join him on a grocery trip to buy soda. Three cars full of engineers went to the grocery store, taking a little over an hour. Free drinks returned later that same week.

I love that guy.
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