5 ms·
Perhaps the more fundamental question here is why most employees don't try to exploit this imbalance by continuously applying to other companies? If they did s
by ak_111 5y ago
Perhaps the more fundamental question here is why most employees don't try to exploit this imbalance by continuously applying to other companies?
If they did so then we will eventually reach an equilibrium where companies would spend more on retention than recruitment.
- oxymoran 5y agoBecause people get complacent and changing jobs is a lot of work. Updating resumes, writing cover letters, prepping for interviews, kissing butts in interviews, taking drug tests, onboarding..thinking about going through that makes my skin crawl. Most people won’t go through that until they are pushed to their limit by a company. And every job I have quit was because of culture and/or incompetence, had nothing to do with money.
- jareklupinski 5y ago> why most employees don't try to exploit this imbalance by continuously applying to other companies? we do; it's great :) https://www.inc.com/business-insider/tech-companies-employee-turnover-average-tenure-silicon-valley.html https://www.inc.com/business-insider/tech-companies-employee... > Uber was at the bottom of the list, with a short average employee tenure of just 1.8 years. > Netflix has broken the three year barrier, holding on to employees for an average of 3.1 years, to be exact.
- Guest42 5y agoBecause having too many companies on a resume prevents a person from being employable
- MrPatan 5y agoAre you from the past?
- MattPalmer1086 5y agoWe are all from the past ;)
- sokoloff 5y ago5 6-month stints in a row is a red flag for me (as a hiring manager). If you have 3 18-24 month stints (and ideally earned a promotion at any company [rather than only on a company change]), and a couple of shorter ones, it's fine. People are overly worried about the second case, IMO. If you're at a company that sucks, the very best thing you can do is change companies.
- arvinsim 5y agoI usually evaluate companies at the 1 year mark. I will switch if there is a better offer. Like 30% or more increase.
- hnuser847 5y agoThey do. Job hopping every 1-2 years is pretty standard for software engineers, and it's pretty common for people to feel like the only way to get a significant raise is to get a new job. I job hopped throughout my 20s, partially to increase my income but also because I was hoping to find a company that isn't dysfunctional. So far I haven't found one. The biggest problem with retention, IMO, is that the vast majority of companies are shiny-object chasing feature factories. The framework, language, and library churn is just exhausting and saps all the fun out of writing software.