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(CNBC)   The Great Resignation is just getting started   (cnbc.com) divider line
    More: Followup, Employment, new global survey, significant number of employees, higher pay, press release, tech sector, consulting firm, ethnic minorities  
•       •       •

1978 clicks; posted to Business » on 24 May 2022 at 8:25 PM (10 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



39 Comments     (+0 »)
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2022-05-24 7:41:11 PM  
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2022-05-24 8:41:57 PM  
Like the belter on the bridge of the Behemoth said while they were trying to modify the com laser:

Too much work, not enough worker.

Guess what? You probably should not expect the return to office push to go over well middle managers. Push too hard? They'll resign for a different job. No raise? They'll find a new job. Bad benefits? Nope, don't have to suffer. You can expect this from a lot of future employees:

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2022-05-24 8:45:05 PM  
I'm curious how it will all shake out. RSUs + insane stock increases gave a lot of tech workers expectations that might not be sustainable.

As a tech worker, I hope I'm wrong.
 
2022-05-24 8:47:39 PM  
I think a lot of people in all kinds of professions, especially those on the front lines in the pandemic, have realized that maybe they can't strike, but they can quit.
 
2022-05-24 9:01:35 PM  
Strike while iron is hot and save your money.
If recession is around the corner you might not be as valuable as you believe.
 
2022-05-24 9:07:05 PM  
Call me up in a year and tell me how many actually voluntarily changed jobs.
 
2022-05-24 9:15:24 PM  
Ironically for the first time in my life I'm in a job I'd like to stay at for an extended period of time - possibly even until I can retire, if I live that long.
 
2022-05-24 9:18:54 PM  
was hoping this would be commie-loving GQP
 
2022-05-24 9:22:03 PM  
As someone who turned in their notice today, I'm getting a kick. I told them straight up it was because I got an offer at a competitor for significantly more pay and full-time work from home (+ 20% travel). I started looking in earnest a month ago when current management decided everyone would be back in office full time, no WFH, no exceptions.

/3 week notice so I make it past the next pay period and collect the annual performance bonus
//Negotiated a sign on bonus at the new job
///slashies all the way to the direct deposit
 
2022-05-24 9:22:24 PM  
Good
 
2022-05-24 9:26:49 PM  
Labour leveraging their value is as much a part of capitalism as any other aspect of the system.
 
2022-05-24 9:28:12 PM  

Fark_Guy_Rob: I'm curious how it will all shake out. RSUs + insane stock increases gave a lot of tech workers expectations that might not be sustainable.

As a tech worker, I hope I'm wrong.


RSU's are under water.  Time to go work at Snap and for workers at Snap to go work at Facebook.
 
2022-05-24 9:28:49 PM  
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Members of the Aristocracy of Pull don't like it when the people they're trying to step on, the people they depend on, the people who do their laundry and cook their food and serve their dinners, who make their beds, who guard them while they're asleep, who drive the ambulances, who direct their calls, who their are cooks and taxi drivers and who know everything about them, who process their insurance claims and credit card charges, who control every part of their lives.

Who are the middle children of history, raised by television to believe that someday they, too, would be billionaires and movie stars and rock stars, but they won't. And they're just learning this fact. Do not fark with 8 billion John Galts.
 
2022-05-24 9:34:19 PM  
Thread automagically fails because someone talked about Ayn Rand.
 
2022-05-24 9:35:41 PM  
Odd how, when corporations became mercenary and people became interchangeable "human assets," we were just supposed to embrace the new suck. "It's a gig economy now, kids, and at-will employment means never having to say we're sorry!"

People figured out that, if corporations weren't supposed to care about people, perhaps people shouldn't care so much about corporations, and we could, indeed, become just as mercenary.

"It's a gig economy now, folks, and at-will employment means we, too, no longer have to say we're sorry! We can leave jobs without permission or warning, the same way we can be dismissed from jobs without permission or warning, and we can shop around for the best pay, benefits, and arrangements we can find without worry about things like 'loyalty' or 'culture' because, hey, you ditched all of that about a decade or so ago."

A new billionaire was created every 30 farking hours during the pandemic. You worked, you suffered, you even died, and they got paid. You didn't get paid - you got them using the money you made for them, lobbying Congress against helping you survive, FFS. Your rents skyrocketed, your costs ballooned, but your pay not only didn't change, it was in many cases reduced because you had to work harder & longer to cover for folks out sick thanks to COVID-19. You got less, they got more, and they laughed all the way to the bank.

Fark 'em. Pay for play. Period. It's no longer one-way, employers. You want the best out of us? You need to share the wealth. No more working to allow shareholders to sequester the wealth we actually, individually contributed, even as we get a fraction of what we should be getting for what we do.
 
2022-05-24 9:38:05 PM  
*Renegotiation
 
2022-05-24 10:00:22 PM  
American Worker: Approaching IDGAF status.
 
2022-05-24 10:03:59 PM  
I'm looking to change jobs.  But, I've met my deductible for the year, so fark it - gonna get ALL my medical issues addressed before I leave!

/got three appointments next month
//gonna get my money's worth this year!
 
2022-05-24 10:10:36 PM  

neongoats: Thread automagically fails because someone talked about Ayn Rand.


I mean, kind of. It was done in a weird reversed way where the common workers are the ones "shrugging."
 
2022-05-24 10:17:09 PM  
Team of maybe 20 at the highest.  Since the pandemic, 12 have left.  The leaders and many of the more useful.  We've re-filled a couple slots with complete novices with a six month certificate beyond working at Applebees. Some have slowly grown, some are absolute net-negative hires.  Manager(s)?  The higher-ups put up a (truly lousy) listing for one (to replace two), got nothing, failed the search, and the team has been floating along with basically no leadership at all (and half-staffed) for about a year now, with no indication of even trying any more.  Morale is... spectacular.  I expect the resignations to continue for sure.
 
2022-05-24 10:32:57 PM  

thurstonxhowell: Call me up in a year and tell me how many actually voluntarily changed jobs.


I did
 
2022-05-24 10:33:06 PM  

Fireproof: neongoats: Thread automagically fails because someone talked about Ayn Rand.

I mean, kind of. It was done in a weird reversed way where the common workers are the ones "shrugging."


Yeah they took the spirit of "The Roads Must Roll" but quoted Ayn Rand.

Either way we're all less for having seen it.
 
2022-05-24 10:39:38 PM  
Once I finish my degree, I'm applying to a different job within my company.

12 more months. Wooosah.
 
2022-05-24 10:44:53 PM  

FormlessOne: Odd how, when corporations became mercenary and people became interchangeable "human assets," we were just supposed to embrace the new suck. "It's a gig economy now, kids, and at-will employment means never having to say we're sorry!"

People figured out that, if corporations weren't supposed to care about people, perhaps people shouldn't care so much about corporations, and we could, indeed, become just as mercenary.

"It's a gig economy now, folks, and at-will employment means we, too, no longer have to say we're sorry! We can leave jobs without permission or warning, the same way we can be dismissed from jobs without permission or warning, and we can shop around for the best pay, benefits, and arrangements we can find without worry about things like 'loyalty' or 'culture' because, hey, you ditched all of that about a decade or so ago."

A new billionaire was created every 30 farking hours during the pandemic. You worked, you suffered, you even died, and they got paid. You didn't get paid - you got them using the money you made for them, lobbying Congress against helping you survive, FFS. Your rents skyrocketed, your costs ballooned, but your pay not only didn't change, it was in many cases reduced because you had to work harder & longer to cover for folks out sick thanks to COVID-19. You got less, they got more, and they laughed all the way to the bank.

Fark 'em. Pay for play. Period. It's no longer one-way, employers. You want the best out of us? You need to share the wealth. No more working to allow shareholders to sequester the wealth we actually, individually contributed, even as we get a fraction of what we should be getting for what we do.


It would be interesting to pay per productivity. Half my department would be net negative.
 
2022-05-24 11:12:37 PM  

bthom37: I'm looking to change jobs.  But, I've met my deductible for the year, so fark it - gonna get ALL my medical issues addressed before I leave!

/got three appointments next month
//gonna get my money's worth this year!


Cybernetic implants. As you said, you met your healthcare deductible.
 
2022-05-24 11:37:10 PM  
Went full RTO recently. Open desk floorplan, managers strategically positioned to watch like hawks, unhealthy food, RFID (?) badge entry... my productivity has tanked and it farking sucks. The only reason I'm not looking (yet) is because my security clearance hasn't been adjudicated.
 
2022-05-25 1:22:23 AM  

FormlessOne: A new billionaire was created every 30 farking hours during the pandemic.


Fark user imageView Full Size


Fark user imageView Full Size
 
2022-05-25 1:50:32 AM  

TedCruz'sCrazyDad: Fark_Guy_Rob: I'm curious how it will all shake out. RSUs + insane stock increases gave a lot of tech workers expectations that might not be sustainable.

As a tech worker, I hope I'm wrong.

RSU's are under water.  Time to go work at Snap and for workers at Snap to go work at Facebook.


Pray tell how an award of free stock is "under water."
 
2022-05-25 2:05:30 AM  
The Middle Children of the History [excerpt from "Fight Club"]
Youtube U7VBR9F2H6Y
 
2022-05-25 2:52:50 AM  

DrunkenBob: [Youtube-video https://www.youtube.com/embed/U7VBR9F2H6Y]]



Fight Club gets ragged on a lot - usually by the same kind of people that rag on Don't Look Up
 
2022-05-25 3:50:22 AM  
Not Fight Club for once, but also why I went for self-employment:
Fark user imageView Full Size
 
2022-05-25 5:22:26 AM  

togaman2k: As someone who turned in their notice today, I'm getting a kick


Congrats. I hope you watch Office Space this week/end, you'll definitely be in the right mindset.
 
2022-05-25 7:48:22 AM  
I kinda get the feeling that a lot of businesses would rather go out of business than pay their employees moar.
 
2022-05-25 8:07:26 AM  
After all the money spent to get people to think that loyalty and respect is a one way street,
People start to see the think ice on the rink,
And vote with their feet.
 
2022-05-25 8:08:11 AM  
shiat. Didn't edit that one right. Should have been a break after think.
 
2022-05-25 9:03:33 AM  
I would love to change jobs now and I have been looking but there is some family stuff going on and my job has been real good with letting me take any time I need to help out my family and I doubt a new employer would be as nice. It is funny every time I am on the verge of a new job something happens, right before the pandemic I had a new job pretty much in the bag and boom shut down.
 
2022-05-25 9:30:31 AM  

stevesporn2000: TedCruz'sCrazyDad: Fark_Guy_Rob: I'm curious how it will all shake out. RSUs + insane stock increases gave a lot of tech workers expectations that might not be sustainable.

As a tech worker, I hope I'm wrong.

RSU's are under water.  Time to go work at Snap and for workers at Snap to go work at Facebook.

Pray tell how an award of free stock is "under water."


i think they mean the rsu's are worth less now than when awarded
 
2022-05-25 12:35:41 PM  

chasd00: stevesporn2000: TedCruz'sCrazyDad: Fark_Guy_Rob: I'm curious how it will all shake out. RSUs + insane stock increases gave a lot of tech workers expectations that might not be sustainable.

As a tech worker, I hope I'm wrong.

RSU's are under water.  Time to go work at Snap and for workers at Snap to go work at Facebook.

Pray tell how an award of free stock is "under water."

i think they mean the rsu's are worth less now than when awarded


Sometimes stock awards aren't given out but sold at a drastically reduced rate so it counts as capital gains instead of income tax. It's possible that the stock can legitimately fall below the drastically reduced rate so they become effectively worthless.
 
2022-05-25 12:35:59 PM  

chasd00: stevesporn2000: TedCruz'sCrazyDad: Fark_Guy_Rob: I'm curious how it will all shake out. RSUs + insane stock increases gave a lot of tech workers expectations that might not be sustainable.

As a tech worker, I hope I'm wrong.

RSU's are under water.  Time to go work at Snap and for workers at Snap to go work at Facebook.

Pray tell how an award of free stock is "under water."

i think they mean the rsu's are worth less now than when awarded


About 90% less.
 
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