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People get way too attached to their companies. Employment is a mercenary relationship. Your company will terminate your relationship for a dollar. You should b

People get way too attached to their companies. Employment is a mercenary relationship. Your company will terminate your relationship for a dollar. You should be willing to let your employer collapse for a dollar (assuming immediate new job start).

gabmartini 4y ago
This is true. Employment for a lifetime is a thing of another historical moment. Now it's all temporary, you don't work your whole life in a company nor they assure you a job until you retire. So, in a way, you have to understand that you are disposable to the corporate machinery. Also, this is terrible, I know, I don't like it either but it's the current instituional arrangement where we live. Still, being layoff is a burden because it shock your core values and make you doubt of your true self and worth. Some people can't get pass it.
- citizenkeen 4y ago
  If you value the opportunity to be a "company man", you can still do that, even as a software engineer. It just requires a shift in priorities. Those jobs absolutely exist.
  - frognumber 4y ago
    They're good places to be. You get paid less, but we're social creatures. Stability and relationships matter more than $$$.
  - slekker 4y ago
    Banks for example?
    - PedroBatista 4y ago
      That ship has mostly sailed. You can be if you already are, but becoming one now is very difficult and an exercise of wasting your only one life.
    - nerdponx 4y ago
      Insurance seems to be a good place for jobs like this.
- tomnipotent 4y ago
  > Employment for a lifetime is a thing of another historical moment Not sure such moment has ever existed. If employment was lifetime, it was either slavery or exploitation of a workforce that lacked mobility. There was maybe a generation of baby boomers that got lucky with a generation of companies that grew up with them and is still paying for their pensions, but otherwise history is not kind to workers.
samtho 4y ago
There’s getting attached and there is just having an expectation of stability. It’s a poor assumption that even as a well-performing employee that your job is secure day to day. I have goals and aspirations, all of which go on hold when an event like this happens. The superficial, shallow, and fleeting nature of work relationships is the primary reason I’m working to become financially independent from the system. I like working, but I don’t like being in a situation where I can be trashed at a moments notice and completely upheave my day-to-day and having to readjust my goals. I’ve become so disenchanted with working for somebody else, during the pandemic I discovered how much happier I could be focusing exclusively on hobbies and familial/friend/romantic relationships so all of these get prioritized above working most of the time for me.
- jsiaajdsdaa 4y ago
  >become financially independent with the way governments are behaving these days, no amount of money will guarantee financial independence a cache of canned beans and bottled water, however...
  - samtho 4y ago
    Sure, if things go to shit to the point where I am defending my property, the money wont matter. But if I have ~$2MM in an index fund just sitting around, even a conservative 7.5% return YOY will afford me $150,000 per year in potential cash to pull out (without depleting the original principle) that nets me 112,500 after the maximum theoretical capital gains (just assume a naïve, flat 25%) which is more than enough to keep the lights on if I own my home, car, and do 90% of building maintenance myself. The advantage here is that this part of the system is what the ultra wealthy rely on to amass more wealth so it's going to be one of the last institutions in society to fall apart because the wealthy and powerful will fight tooth and nail to make sure they can keep making money.
    - jsiaajdsdaa 4y ago
      >conservative 7.5% >$150,000 pre tax Oh my god, the FIRE community makes me laugh so hard. Just 4 years ago people were talking about how they only needed 4% average yearly gains, $48,000 per year in income, and inflation would stay at 2%. It turns out that you can't eat money, and that real things become scarcer every year. 5 years from now people will be laughing at your numbers for being low :)
missedthecue 4y ago
This place is always espousing the benefits of hopping jobs every 24 months
- jsiaajdsdaa 4y ago
  I hop every year and my salary has only gone up. Done it 5 times now and nobody bats an eye
  - sokoloff 4y ago
    Nobody you talk to bats an eye. You can’t know if places/hiring managers passed at an earlier stage. 5 jobs in 5 years is a red flag for some. 5 in 5 years plus a single 4-year long stint where you earned a promotion is a much better story IMO, but every hiring manager is different and plenty make the change every 12-18 months work for them.

gabmartini 4y ago

This is true. Employment for a lifetime is a thing of another historical moment. Now it's all temporary, you don't work your whole life in a company nor they assure you a job until you retire. So, in a way, you have to understand that you are disposable to the corporate machinery. Also, this is terrible, I know, I don't like it either but it's the current instituional arrangement where we live. Still, being layoff is a burden because it shock your core values and make you doubt of your true self and worth. Some people can't get pass it.

citizenkeen 4y ago
If you value the opportunity to be a "company man", you can still do that, even as a software engineer. It just requires a shift in priorities. Those jobs absolutely exist.
- frognumber 4y ago
  They're good places to be. You get paid less, but we're social creatures. Stability and relationships matter more than $$$.
- slekker 4y ago
  Banks for example?
  - PedroBatista 4y ago
    That ship has mostly sailed. You can be if you already are, but becoming one now is very difficult and an exercise of wasting your only one life.
  - nerdponx 4y ago
    Insurance seems to be a good place for jobs like this.
tomnipotent 4y ago
> Employment for a lifetime is a thing of another historical moment Not sure such moment has ever existed. If employment was lifetime, it was either slavery or exploitation of a workforce that lacked mobility. There was maybe a generation of baby boomers that got lucky with a generation of companies that grew up with them and is still paying for their pensions, but otherwise history is not kind to workers.

samtho 4y ago

There’s getting attached and there is just having an expectation of stability. It’s a poor assumption that even as a well-performing employee that your job is secure day to day. I have goals and aspirations, all of which go on hold when an event like this happens. The superficial, shallow, and fleeting nature of work relationships is the primary reason I’m working to become financially independent from the system. I like working, but I don’t like being in a situation where I can be trashed at a moments notice and completely upheave my day-to-day and having to readjust my goals. I’ve become so disenchanted with working for somebody else, during the pandemic I discovered how much happier I could be focusing exclusively on hobbies and familial/friend/romantic relationships so all of these get prioritized above working most of the time for me.

jsiaajdsdaa 4y ago
>become financially independent with the way governments are behaving these days, no amount of money will guarantee financial independence a cache of canned beans and bottled water, however...
- samtho 4y ago
  Sure, if things go to shit to the point where I am defending my property, the money wont matter. But if I have ~$2MM in an index fund just sitting around, even a conservative 7.5% return YOY will afford me $150,000 per year in potential cash to pull out (without depleting the original principle) that nets me 112,500 after the maximum theoretical capital gains (just assume a naïve, flat 25%) which is more than enough to keep the lights on if I own my home, car, and do 90% of building maintenance myself. The advantage here is that this part of the system is what the ultra wealthy rely on to amass more wealth so it's going to be one of the last institutions in society to fall apart because the wealthy and powerful will fight tooth and nail to make sure they can keep making money.
  - jsiaajdsdaa 4y ago
    >conservative 7.5% >$150,000 pre tax Oh my god, the FIRE community makes me laugh so hard. Just 4 years ago people were talking about how they only needed 4% average yearly gains, $48,000 per year in income, and inflation would stay at 2%. It turns out that you can't eat money, and that real things become scarcer every year. 5 years from now people will be laughing at your numbers for being low :)

missedthecue 4y ago

This place is always espousing the benefits of hopping jobs every 24 months

jsiaajdsdaa 4y ago
I hop every year and my salary has only gone up. Done it 5 times now and nobody bats an eye
- sokoloff 4y ago
  Nobody you talk to bats an eye. You can’t know if places/hiring managers passed at an earlier stage. 5 jobs in 5 years is a red flag for some. 5 in 5 years plus a single 4-year long stint where you earned a promotion is a much better story IMO, but every hiring manager is different and plenty make the change every 12-18 months work for them.