931–940 of 1001 posts
The work from home job got over 60 applications while the work in the office got a single application.
... the "Great Resignations" wave is definitely coming.
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Meaning, in my view, is not a switch; it's a dial. We can have some more than we have now. Overall I agree with you: I'm not naive, nor am I a utopianist. I'm fine with more equitable. But we're so entrenched in the status quo that it feels like you have to talk like a revolutionary to get even a shred of "a little more equitable". Edit: wait though what's a "post-scarcity" economy, anyway, concretely? I've heard sin…
Post-scarcity just refers to a time after scarcity, which is defined as limited resources. In a world that is post-scarcity, everyone can have everything they want (materially) without infringing on anyone else's ability to have the same. The reason it gets brought up is because the moment one person's needs or wants infringe on another's, there needs to be a way to decide who gets what. Generally, this is what peopl…
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> If I am running the company, I would MUCH rather operate short-handed than "fix" my recruiting problems by lowering the bar. Nobody is talking about lowering the bar, but of putting the bar in the right zipcode. An extremely high bar of leetcode testing is irrelevant to the actual job, so that's an irrelevant bar.
This may seem coldly logical but in the absence of my own researched opinions, I am evaluating the merit of the opinion about these interviews based on their origin: You have - companies that settled on this process, who have been able to attract top tallent that has cleared this bar. You have - employees of these companies that were able to clear the interview bar. And then you have - people who don't work for these…
Or: "World's best banks and world's best traders have invested in subprime mortgages, they couldn't all be wrong?"
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Interesting. Looks like a rising trend since the last financial crises. The effect of corona seems to be limited to a dip around the beginning of the pandemic, presumably due to uncertainty. No great resignation wave though, judging by the graph.
No great resignation wave, are we looking at the same charts? Both charts have the highest values ever since they started tracking this in 2001, and we've only seen increases in monthly quits since the start of 2021.
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>I think lots of myth and propaganda about work got blown up in the last year. Many years of corporations "boiling the frog" and slowly lowering flexibility and not improving pay have been reset. People hadn't noticed, and now they have. It'll probably happen all over again, but at least there's hope for now.
One quick note is that the boiling frog metaphor actually doesn't happen in nature. When the water is too hot, the frogs jump out https://www.theatlantic.com/technology/archive/2006/09/the-b...
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I learnt of this sort of thing only after I moved to the UK, where it's traditional for wealthy and middle-upper-class kids to take a long break between college and university - a habit that probably comes from the times of the "grand tours" of continental Europe in XVIII and XIX century. I've met people who do it on a 6-months basis - 6 months travelling, 6 months earning. They don't make much, their career is somew…
I wonder if maternity/paternity leave laws in UK have any affect on making this more feasible? My understanding is that workers get a year of maternity leave, a few weeks of paternity leave, and there is some sort of sharing arrangement whereby maternity leave can be used to extend paternity leave. When maternity/paternity leave ends, the worker must be given their job back. I'd expect that at many employers they can…
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Post-scarcity is often talked about in binary terms. We've either reached post-scarcity or we haven't. I believe the transition to post-scarcity will be gradual, that it will happen faster in some sectors of society than others, and that this process may take multiple generations to complete. This has been the case with every other major economic shift, why would it not be the case with post-scarcity? If this is how…
We are indeed already a little ways down that road, and the answer we've come to is: Everyone still has to work. Most jobs that people have now aren't strictly necessary. If everyone gave up their leisure time to do all of their own cooking and cleaning, a massive set of jobs would disappear overnight. If we all at local, another. And the list goes on. Effectively, what happens is, we invent new jobs that are based o…
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I know quite a few people from various background (finance, multinational corporations, non-profits) doing things like these. Depends on employer. In hindsight always regarded as one of the best decisions of their lives (along with reducing workload to 80%, usually 4 days/week). We all know that once old, the amount of money earned/saved will mean absolutely nothing in terms of happiness/achievement. Work achievement…
> We all know that once old, the amount of money earned/saved will mean absolutely nothing in terms of happiness/achievement. I dont think this is true at all. Money in retirement means the difference between mostly maintaining your standard of living after work an “choosing between medicine and food each week”. I think a lot of people saving up and then spending all their savings to party every 5 years are in for a…
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China achieving an equivalent standard of living would probably not work out so well for the authoritarian government there - but it would work out surprisingly well for Marxism. Actually equalizing US and Chinese wages would lead to an extreme acceleration of other areas with depressed wages and, potentially, lead to the world becoming more equal in wages without the current assumed approach - that US wages will def…
>China achieving an equivalent standard of living would probably not work out so well for the authoritarian government there That myth has been disproven long ago. Achieving a high standard of living and level of education does not magically cause people to pour into the streets and protest against their authoritarian governments. >A world where China elevates itself to the US's level is one we should celebrate in th…
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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…
Actually just requested a 4 day work week for the same amount of money. Wish me luck! Seems reasonable to me tho, I can probably provide the same amount of value as if I worked 5 days a week - but who knows maybe they will just give me more work to do instead!
Don't fall for the "you can do more work because you're not commuting" line - if commuting is considered work time, then you deserve to be remunerated for that time, and they owe you back pay for each day you commuted in the past.