“Great resignation” wave coming for companies

Post by majani » Wed, Jun 16, 2021, 7:32 PM UTC

mywittyname wrote: post #477

NationalPark wrote: post #343

Earlier quoted context omitted.

Are you seeing the salaries at these smaller companies keeping up? When I was changing jobs just before the pandemic I also saw a ton of interest from small/med companies, but none with competitive offers. Big, publicly traded tech companies were able to offer more than double total compensation in some cases, and that's with equity you can actually sell for cash.

I'm seeing a lot of colleagues leaving for substantial raises. But I've also noticed that we've been hiring a lot of entry-level folks. Not sure if we can extrapolate that industry-wide, but I suspect we can. There are a lot of cities in the USA with an underpaid, but experienced workforce. While you might not find these offers to be competitive, someone from Springfield making $65k would absolutely jump at a $95k of…

Post by CRConrad » Fri, Jun 18, 2021, 8:22 PM UTC

RealDeal123 wrote: post #965

onethought wrote: post #827

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You want to use China as an example? Sure! China has the fastest growing and largest middle class (or middle income earners) in the world. They prove exactly the point I’m making. There will come a point in time where there are less people (%) living in poverty in China than in the US if you follow the current trend lines. Also you are only kind of right with “you pay for healthcare”. It’s heavily subsidised… compare…

Your assumptions are totally incorrect. US has the most subsidized healthcare in the world by GDP. That's for starters. Second, I gave you hard data. What do you give me? Your wishful thinking that China will adhere to your wishes? And start paying for nothing? The Party doesn't pay for nothing. In China you work. And you pay for your doctor.

Post by onethought » Sat, Jun 19, 2021, 11:19 AM UTC

CRConrad wrote: post #994

onethought wrote: post #981

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Why is us health care so expensive then? In Australia drs and hospitals are free… there is no cost. How do you subsidise more than that? In the US I’ve used the hospital system once (minor treatment, no over night stay) my insurance paid $4000+ usd. In China I’ve used the hospital system for a fairly serious physical injury and was treated very quickly, couple hours and I paid ~$600 rmb.

> In China I’ve used the hospital system for a fairly serious physical injury and was treated very quickly, couple hours and I paid ~$600 rmb. What does "~$600 rmb" mean? That '$' character is usually called a dollar sign. Do you mean "about US$ 600, but in Renminbi"; or are you just using the dollar sign as a general currency sign, to say "about 600 Renminbi"?

Post by bob_theslob646 » Sat, Jun 19, 2021, 6:49 PM UTC

aerosmile wrote: post #519

Remember how everyone predicted a baby boom in 2021 and instead we saw a 8-10% decline in birth rate [1]? It turns out that while people had more time to focus on their families, the financial uncertainty had a greater impact on their family planning decisions. The same thing happened in 2009 - there's a close link between the birth rate and recessions [2]. While I don't doubt that many people will change their jobs…

Post by hattori31 » Sun, Jun 20, 2021, 12:25 AM UTC

guythedudebro wrote: post #924

lanstin wrote: post #607

Earlier quoted context omitted.

Not for software in US or India I don’t think. I am not manager but do lots of interviewing and OMG people who can code and think and talk are so so precious. We would hire all remote in a jiffy, unless asking salary is higher than budget. When it is coming down to it, my company is picking lower salary over in office.

I can talk precisely and concisely. My code is slowly written but solid. Why dont my interviewers make me feel precious?