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Because those people will leave and take their knowledge with them to big tech?

• deleted 4y ago
  [deleted]
• giantg2 4y ago
  The positions at big tech are limited. The vast majority of engineers work for "regular" companies who can't compete with the massive profits and easy money. The risk of losing people to big tech is relatively low. We've had about 35ish% turnover during the last two years. This is multiple times higher than normal. We still managed to retain the other 65ish%. I worked on a team that had over 100% turnover during that time (half lost externally and half moved in the company). You know what, that manager didn't care. She told me they expected to burn people out in 1-2 years and weren't going to compete with companies offering 50-100% raises. So it wasn't a big deal because they expect to lose people, won't compete, and they still retain the majority of people because the availability of better places to go are pretty low.
  • ChrisMarshallNY 4y ago
    > She told me they expected to burn people out in 1-2 years and weren't going to compete with companies offering 50-100% raises. I remember a manager at an SV startup we were working with, tell me, essentially, the same thing. They burned their engineers out. Many were H1Bs. Worked sick hours, In the couple of years we worked with them, they had, probably, a 75% turnover. Their managers shrugged. I would have been fired, if my team had had that kind of turnover. But I totally understand what is happening with Exxon. That kind of problem starts at the top. And there is some crazy tech, used in oil companies. My mother was a geologist, and she was using crazy tech, back in the 1950s, for prospecting.