How Hard Should Your Employer Work to Retain You?
charity.wtf
charity.wtf
- The employee's direct manager: values the employee the most, doesn't want to lose him, but cannot really directly offer pay. So instead, the manager offers praise, and more flexibility (personal leave on an ad-hoc basis, placement on best projects, etc.) If the employee wants to leave, the manager can attempt to justify a better salary to higher ups / HR, but has no actual control over this outside of making the case on behalf of the employee.
- HR / higher ups: I'm far less clear on how this works, however they seem to have hard limits for what they can offer, and no amount of convincing will budge those limits.
In total, it feels a bit like arguing with a low-level support tech: your case can be reasonable, the support tech is actually wise enough to the best solution, but his hands are tied by policy and he has no ability to change it.
Most managers have a budget. They just don't want to spend it on you.
Big businesses have nearly entirely isolated the capital owners (and upper management) from the goings of the business itself.
Edit: and in your manager’s project planing table you just made a hole. That means somebody must be hired and trained delaying current project and making the manager look bad in the eyes of his/her superiors. No reason to be thankful for sure.
Salary increase budget: 3% of salary mass
Employee retention: does not happen
Alternatively, in some companies the only way to give a decent salary raise is promotions which leads to all kind of problems : title inflation, super performers put into a job they won't perform as well in, etc...
Retention is not easy
However, at the point I'm actually quitting, I've already told them the reasons why and pay is never on that list (if it were a pay issue, I'd have asked for a raise instead.) Offering me a pay increase and ignoring my actual problems tells me that the only thing my employer can offer me is more money, and any further discussion of the issue is pointless.
Usually you ask for a rise, got rejected or sent to go through promotional committee which take month. Then you go for interview, got a job offer with even better total compensation than you asked at your current position and leave.
A lot of companies are firing people and keeping some kind of skeleton crew, and a lot of institutional (tacit) knowledge is being lost, and at the time those companies/teams need to do some of the fix or evolution in their product, everything takes at least 3x more time and effort.
I can see in some interviews for MLE/DE where companies aren't hiring for new products and/or sustain and support (OK, fair enough for this market), but the ones hiring are actually doing that for deep issues in terms of technical debt or losses in terms of institutional knowledge that went away with the layoff.
One company was offering some lateral movement in terms of role plus 10% salary increase to essentially migrate their whole orchestration system, move away all data pipelines from Scala to Python, and do the knowledge transfer because most of their staff just quit or was fired and none of their DS/MLE (star staff) knew about those technologies. Unless I'm unemployed, there is no way I would leave my job to a death march project like this and get fired after 6 months.
Even if you're "just" a 500 people company, expect the investment into getting a new hire up to speed to be at least a year's worth of salary - initial recruiting cost, dealing with governmental bureaucracy if the employee doesn't have citizenship, actual learning / training / handover time and reduced productivity in adjacent people.
Unfortunately, for most companies only the recruiting cost shows up in their HR budget calculations, so there is no "incentive" per se for HR to look for "leaders" who manage to burn through entire teams worth of people in years. They may achieve stellar business results, but the cost to the company doesn't show up on anyone's radar until enough people dump annoyance in Glassdoor.
That was my case when I was hired to a DAX50: My manager told me to get the first year to learn about the company. At the first moment, I thought that was stupid and in 3 months I could be up to speed. For the technical and product part it was quite everything OK in 6 months; the part that took more time was the organizational and getting the organizational capital.
For example, in a large company, no one will allow you to make changes during your first day or month of work. Unlike start-ups and scale-ups, where there may be an automatic assumption of competency, in larger organizations, you need to demonstrate your skills and convince those around you of your capabilities.
It can feel like a ritualistic corporate dance, and for someone like me, who comes from smaller organizations, it was challenging to navigate. However, over time, people began to recognize my work, and now I can handle most tasks independently.
False. They acquired a company.
They aquired a single person, who will head a team exactly the same as he could have previously. The only difference is now he proved his point.
The article characterization is not only valid, it's not even hyperbole. It's actually plain dry recitation of events.
This is a prime example of all the various news outlets (even "respected" newspapers) making us collectively dumber for reading them: https://www.google.com/search?q=Google+%242.7+billion+to+re-...
Also, the author's blogpost hotlinks to the supporting url (futurism.com/the-byte/) that has these sentences: >Google reportedly spent $2.7 billion to rehire AI expert Noam Shazeer — an astonishing amount of money for what boils down to the expertise of a single computer scientist. [...] As companies continue to pour billions into the environmentally damaging and still largely unproven tech, though, investors are starting to ask some tough questions. Should they really be paying several billion dollars to get the expertise of a single hire
It makes it seem like Google wired all $2.7 billion into Noam Shazeer's bank account.
Instead, the more accurate picture is a 30-member team "pseudo-acquihire" of Character.AI without officially buying the startup via a "licensing deal" . Excerpt from https://aimresearch.co/market-industry/old-employees-new-dol...:
>But now, in an unexpected and somewhat controversial twist, Shazeer and Daniel De Freitas are heading back to Google—along with 30 top researchers from his startup. The tech giant has orchestrated a rare “reverse acquihire,” bringing the AI pioneer back into the fold without buying out Character.AI. Instead, Google opted for a non-exclusive license to use Character.AI’s advanced large language model (LLM) technology, allowing the startup to exist independently but without its cutting-edge talent.
Maybe all that was Google's legal jujitsu of avoiding potential FTC/DOJ anti-monopoly actions. Either way, the mainstream headlines are terrible. The misinformation is spread further by the blog author copy&pasting them.
Others do it regardless for short term financial benefits for the investors - ignoring the fate of the organization.
I feel the question being very late and mute for the software industry (with very few exceptions).
Most people don't feel compelled to "Skip forward"—they don't bother, and much happier for it.
Until they do, of course, but that's politics for you.