Topic: A great resignation is incoming to the IT powerhouse of the world (Read 353 times)

Let's put this on a scale, one side 86% of people are ready to resign their jobs but on the other side the unemployment is at the peak all over the world so India is not an exception to it, so if the existing employees are going to resign their jobs then soon the slots will be filled with people who is looking for jobs so company get more benefits if an existing employee resign since they can hire someone to do the same task just for the half pay.

Practically no one is going to resign their jobs because they have been asked to come back from the work from home setup so this isn't really an issue.

We can't blame those employees who will demand for a work-from-home setup. We all know the convenience that working remotely can provide. It saves time, effort and lessen the expenses especially now that we're experiencing the inflation crisis wherein the oil price hike is a burden, traveling to the office site is really a hassle and expensive at the same time.
If they can still perform their best and could give a good service that you require, then I think you should give them a chance to continue working with their preferred setup. Value the wellness of your employees so they can give back through providing a promising service which is important for the growth of your company.

It's a bit of a double edge sword. If you earn more money and end up with less time then you will not have a good work life balance, but if you earn less then you are not going to have a decent life neither because your life would be filled with debt. I do not live in the USA so I can't really know the salary situation there, but where I live we do not make much money.

I do not do anything major, and even with that in mind I still do not earn enough at all, and I am earning more than most people I know. So if I am not living as a rich person, that means I am living a decent life and by working really hard, and I am happy about it, but I can't afford to just earn less for more time.

In many cases this is about control, without a doubt there are people which can work very efficiently from the comfort of their own homes and you could even see an improvement in the performance, but I think they are the exception rather than the rule, most people will find it difficult to concentrate working from their own homes as it is unlikely they will have a room completely dedicated to this, so their performance will go down, and in that case it makes sense for companies to want their employees back to the office.

If they are promoted then I think the work force is also going to increase but in return of it is that their salary will also increase dramatically. Maybe there are some companies whose system works the opposite way like they gave a better life for those who are higher in positions.

The decision of the workers there are great. They choose a well-organized life over the money while I think there are still some who will prefer money and will accept whatever the consequences are like they will work even the working hours are long and if the scope of the job is tough. Even if many people resigns, there will always be replacements. So no worries.

Working in a office is really inconvenient especially if the traffic condition in your country is not good. Like here in the Philippines, many IT employees prefer to work at home not just because it's less expensive but they are able to save plenty of their time when going to work.

Work environment also affects the employee's decision why they prefer to work remotely. Maybe they have a toxic workmate that feels too priviledged in their company.

This is the problem when the company only focus on their income and not giving enough value to their employees. Though some company are just struggling right now and they have to cut their cost at the expense of their employees, it’s sad but that’s the reality and that is what happening right now. So many economic issues and if that company doesn’t make any moves, most probably they will be more affected by this. Unemployment rate will continue to rise, and the government should take action on this.

This is one thing that I don't quite understand for these tech companies. Most of their products are built, modified, and shipped through the internet. What makes working on office different from working at home when one can still accomplish the tasks at hand just the same? Meetings can also be done through online platforms like Zoom or Webex, so why all the rush to bring back everyone in the office? There are some industries that really require an office-based setup, but it's surprising that the tech sector forces people to return to a setup that eats up a lot of their time and resources before they can get their jobs done.

For sure, the devil is in the details regarding how strong of a bargaining position that any single person is going to have in order to follow through with any threat to quit his/her current job and to have a better situation with some other employment or not working. Higher skilled persons will tend to have more options, but the options are still not likely to be unlimited, but if being out of the work place (and out of the grueling routine of daily reporting to work), there may have been opportunties presented that had not previously been realized or understood prior to getting sent home.  Some members of the work-force will be in a better position to follow through with their threat to quit, and some of them will make mistakes if they have not figured out their situation in order to perhaps assure that they will be able to get better work and/or better pay for their skill levels and job-related experiences.


Still a question regarding which of the two are in a better bargaining position. Companies do not always give too many shits about employees until they are forced to do it, and there are different dynamics if the companies are in a market in which they do not have as much bargaining power as they thought that they had.  The bargaining position is not always as general as people might think that it is, and accordingly some skill levels are going to have more bargaining power than others, and usually companies are able to measure these kinds of matters, but either side can be wrong about their information and their abilities to not reach an agreement regarding the current position of the employee and considerations about whether it is better to accommodate the employee in terms of working conditions or wages or to get a new employee.

Resignation or redundancy? I'm not sure if India has the latter, but I know over here there's plenty of redundancies being made now. Although, even then that figure is rather large, which makes me think this is just scare mongering rather than anything with substance. Especially since it's apparently resignation, and therefore the employee is planning on doing it themselves, even though there's going to be a huge global recession. I'm not buying it.

Well, I actually think the figures have been plucked out of thin air, rather than being exaggerated. Those are some huge numbers, and there's absolutely no way I'm believing that 86% of employees are planning to resign. I'm wondering how the data was first collected, and whether it was fairly collected or if they went to the poorer, and most overworked area, and conducted this research.

IIRC, the USA has this problem too. Many don't like to go back to their jobs and they're good as wherever they are. Even McDonald's and other companies are raising their rates but still many haven't filled yet. There's that sense in the economy that it'll be like that as what you've said that lesser expenditures but the impact of it is bigger when more are unemployed. People have to bear that almost everything is going back to normal now and going back to the office is being implemented by most companies. But if they've been used to working remotely, after  they resign, for sure they'll find a remote opportunity.

It's not uncommon. There are cherry picked studies that suggest remote work is more or equally as effective than in-office work but the studies are limited and have small sample sizes. The inconvenient truth is people enjoy remote work because it allows less constraint from supervisors, which means productivity goes down.

An employee in a free market has the liberty to decide what they're worth and move on from a position if the conditions aren't suitable for their needs. If people want to resign to so they can have a better work-life balance, I don't see any issues.

I think it's true reopening of offices is going to give companies a very negative setback. I heard TCS decided to open up offices recently and it has left whole of the market in a shock, TCS was one of the few companies who had declared permanent wfh for employees and employees had already accepted this fact that they will be working from home now. But now suddenly they have opened offices as well. I think for IT companies obviously it doesn't makes any sense to open offices as eventually they are working for clients which live abroad

I think it's very good that people are decisive and ready to risk it for some improvement in the quality of their lives. However, looking at these two numbers on resignation and lower salary for a better work-life balance, it seems to me that there's a simple solution to the problem, no? Offer the employees to work fewer hours and get a bit less money (if it's absolutely impossible to keep the original salary in a way that 4-work-day week experiments in developed countries do). Then people are much less likely to resign, some money will be saved from paying them less (which perhaps can be used to hire more employees part-time if it's needed), and people will become more satisfied.

Countries and companies that won't value their skilled employees are like throwing gems. Those employees will only find better opportunities that will fit their skills with the right compensation. It deserves a better salary and I hope huge businesses would know that they're also the backbone of the company. They can rehire new employees but it will be a loss if they will let go of experienced and skilled employees.

Yeah, just like they have been winning since February 21, 1848!

I just love these things, first, they demand they have to be paid much more and work less, then they ask for the company to provide everything, then they demand that the company must be profitable so that their workplace is safe, and then when they are at the hypermarket, they throw a tantrum why are the products so expensive, why there isn't an employee to mop in front and after them, why isn't there somebody to put his merchandise in bags and carry to the car smiling all the time and why is there no free taxi drive to the hypermarket in the first place!

But no, the fun doesn't stop there.
Once the glorious people worked to get enough put aside and stats their own business, the first screams are on how much people want as a wage, why they want that much for doing basically nothing, stuff that he could have done for half of the price!

In short, they want to get paid more for less work, more money for less quantity of products or services, but, obviously, they are against inflation.
Cause, well, it's 2022 and logic is dead.


Yeah, they take a small sample that has wages three times over the median, that have their own house, enough money put aside, and ask them if they would take a pay cut for more feet time and of course, the answer will be yes because they afford it, but they completely ignore the fact that even if they say yes also, the ones at the bottom won't be able to do it in the first place.
It's one thing to say I would do it, completely differs from actually doing it.

Do they have a plan B accompanied with this thought? If an employee already planning to resign is because he/she have something better that awaits them.
Perhaps, the salary does not match up with the volume of work they handle. I think any reasonable company that understand the importance of IT in a company would not want this to happen.

86% is a huge number, basically almost all the IT guys wants to resign is definitely not a good sign,  the company's in question will face a huge problem if they neglecte this issue.
IT staffs you be among well paid staff in any organisation because of the nature of their job and it's importance.

This isn't just India neither, this is the whole world. We had the same thing in USA for example, and we had it in UK, and France I believe, only place that looks solid right now is Germany as always.

The employers started to realize that they could put more work on employees and the more they put the cheaper workforce became and they didn't realize that there is a point where people would quit, there isn't a "warning sign" about things like this, you overwork someone until they quit, and if people start to do it all at once, then companies would be in dire situation to hire some people hence everyone who quit would find a job somewhere else who needs them, so workers will win in the end, by simply exchanging jobs between each other.

I think there are a few factors at play here.

The first is that there is a lot of pent-up demand for resignations. We are coming off of a year where many people were forced to stay in their jobs because of the pandemic. I think there is a lot of pent-up frustration that is going to be released in the form of resignations over the next few months.

The second factor is that there has been a lot of discussion lately about work-life balance. I think people are starting to realize that they don't need to sacrifice their personal lives for their careers. They are willing to take a pay cut or take a demotion in order to have a better work-life balance.

The third factor is that inflation is starting to pick up in India. This is making people more hesitant to spend money, which could lead to less demand and slower economic growth.

I think all of these factors are going to lead to a lot of resignations in the next few months. I think it is going to be a challenge for Indian companies to handle all of the resignations, and they are going to need to be prepared for a slower economic growth.

While I have no doubts some people will actually resign we must understand that there is a big difference between what people say and what they do, this is known which is why questions about what people are thinking about doing are not very useful and instead we need to look at what they are actually doing, and I doubt that many people are going to quit their jobs if they have go back to the office because as we know finding a good job is difficult, so unless all of those people already have another job offer most of them will do as they are told.