Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

“Great resignation” wave coming for companies

axios.com

Post reply on HN
Print view View original

941–950 of 1001 posts

Re: “Great resignation” wave coming for companies

#941

Post by refurb »

nucleardog wrote: post #660
refurb wrote: post #342

Earlier quoted context omitted.

Indeed. In Canada if you’re out of the country longer than 6 months you’re not longer insured (in Canada). And in fact, insurance doesn’t cover you outside the country anyways.

Anything that starts "In Canada, ..." is generally suspect. Canada is a confederation. Most things are in the purview of the provinces, so there's rarely a globally applicable rule. Canada does not have a single healthcare system, but thirteen separate provincial and territorial healthcare plans. You're not guaranteed to be covered for 6 months. If you leave permanently and settle within Canada, BC will cover you for…

Fair point on each province being different.

BC does not cover care outside of Canada (assuming that’s what you meant by “2 year trip”) with the exception of emergency care at a max of $75 per day.

https://www2.gov.bc.ca/gov/content/health/health-drug-covera...

Re: “Great resignation” wave coming for companies

#942

Post by smnplk »

kamarg wrote: post #537
rubicon33 wrote: post #504

Earlier quoted context omitted.

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.

Why not train a bad hire ?

Re: “Great resignation” wave coming for companies

#943

Post by dagw »

smnplk wrote: post #942
kamarg wrote: post #537

Earlier quoted context omitted.

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

Why not train a bad hire ?

Training a 'bad' hire requires taking 'good' employee out of circulation for a while and, depending on what way they are bad, might not lead to anything anyway.

Re: “Great resignation” wave coming for companies

#944

Post by xwdv »

arbitrary_name wrote: post #907
MrKristopher wrote: post #474

Earlier quoted context omitted.

Stocks (and therefore RSUs) are up. I joined a FANG in 2019 with $500k RSUs. Now I have $740k in unvested RSUs, including $600k remaining from the initial grant.

Jesus that's unreal. You devs make so freaking much (coming from a penniless non-dev trying to remain at peace with his rsu package)

Yup, if you’re a dev and not a millionaire after 10 years you did it wrong IMO.

Re: “Great resignation” wave coming for companies

#945

Post by nightski »

BingoAhoy wrote: post #863
maybelsyrup wrote: post #793

Earlier quoted context omitted.

> That is too simplistic view of the economy. You can't allocate all revenue to payroll. You may be right about this. In fact I'd wager that you are. But the problem isn't that part of what you said; it's this: > That's not how business or the economy works. You're probably right about this too! The problem is that, in these conversations, we usually just stop here. Whereas more and more, I'm finding myself asking "c…

I think he may actually be wrong, maybe... All costs are payroll costs in an abstraction interpretive sort of way. The non-pay roll-costs such as materials goes to pay other people to make and supply the materials. The cost of steel really is the cost to pay another group to mine, refine, and distribute the steel. Every accountant item I believe can be conceived this way.

Capital investment. No one is going to provide capital if there is 0 return. Basically Y Combinator (incl this site) would not exist.

Re: “Great resignation” wave coming for companies

#946

Post by CRConrad »

BobbyJo wrote: post #923
aahortwwy wrote: post #918

Earlier quoted context omitted.

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…

> We are indeed already a little ways down that road, and the answer we've come to is: Everyone still has to work.

But logically it would seem that should be: Everyone still has to work, but a little less than hitherto.

Now the question becomes, how much less?

Re: “Great resignation” wave coming for companies

#947

Post by HeavyStorm »

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…

Completely agree. Surveyors seems oblivious to the fact that people daydream on order to support reality.

Re: “Great resignation” wave coming for companies

#948

Post by toyg »

yunohn wrote: post #707
toyg wrote: post #657

Earlier quoted context omitted.

I meant that ads are obnoxious to everybody . Whereas with crypto, you can just ignore the subject entirely if you so wish. You won't be shouted at, when you open your digital newspaper to read stuff, that YOU SHOULD TOTALLY GET MORE DOGECOIN!!!

Ironically, that’s mainly because all ad exchanges ban crypto ads. Google has actually reversed course on this [1] and soon you’ll start seeing crypto ads too. Sadly, I already see tons of crypto related ads on Instagram already. Also, I’m not sure which digital newspaper you refer to, but I see articles about crypto pretty much on a daily basis on most websites. [1] https://news.bitcoin.com/google-new-policy-cryptoc…

You can't have crypto ads without, y'know, ads. QED.

Re: “Great resignation” wave coming for companies

#949

Post by xyzelement »

ClumsyPilot wrote: post #933
xyzelement wrote: post #757

Earlier quoted context omitted.

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…

Your argument is a tautology, it doesnt examine any merits of the system, and is no different from: "You have - companies that settled on using skin colour, who have been able to attract top tallent that has cleared this bar." Or: "World's best banks and world's best traders have invested in subprime mortgages, they couldn't all be wrong?"

// is no different from

Using skin color for hiring is illegal and immoral and the government does not allow it.

Issuing sub primes is bad for business and blew up pretty quickly.

If asking programmers programming questions is "no different" from the above, which is it: illegal or bad for business?

Re: “Great resignation” wave coming for companies

#950

Post by tekknik »

taneq wrote: post #935
imranq wrote: post #887

Earlier quoted context omitted.

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...

Well yeah, when the job is too crappy people quit, too. But they stay a lot longer when the job gets crappy slowly than when it suddenly gets crappy overnight.

To add a bit more here, when the job is suddenly crappy it’s easier to let go of anything holding you to it. When it progressively gets crappy you hold out hope that it getting better is just one seemingly simple decision away.
Post reply on HN