Why Millennials Are Leaving Six-Figure Tech Jobs
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- Опубликовано: 3 июн 2021
- Tech jobs are known to have some of the most lavish benefits and perks, not to mention some of the highest salaries in the country. Still, that is not enough to keep some millennials from quitting. CNBC Make It spoke to several people who left their lucrative tech jobs to find out why they did it and what they are doing now.
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Why Millennials Are Leaving Six-Figure Tech Jobs
In my experience, burnout comes from realizing that improved performance doesn't produce improved rewards, it produces more work. The response to a job well done is never a couple days off or a timely bonus, instead good work is "rewarded" with the demand for twice as much work in the same amount of time. Firms see young workers as a productivity sponge to be squeezed for all it's worth, young people are almost never treated as the company's future.
realest comment on the planet.
Well said and sadly true.
Very true, that's one of the key reasons why lucrative highly paid jobs don't tempt you anymore once you realise the ground reality
thats why im on RUclips and not working
thats literally every job unless you become an entrepreneur. A job is a job its gonna be the same for the rest of ur life. its like people at mcdonalds complaining about finish an order and another order comes in. LOL wth is the point of this video.
We don't want perks. We want more money and we want autonomy. It's simple.
I’m a fan of your channel. Your workplace advice is gold ! 👍🏽👌🏽
Making over 100k per year
Is not enough ha
You should work at public school to see if you want more than what you make
Of course i want a higher salary but i enjoy the perks and benifits too. They arent mutually exclusive.
@@AaronandAsh "perks" remove the choice in how money is being spent on you. Give me the money and I'll decide what perks and benefits I want. I don't want to be "company family" or part of "company culture" a job is a job. They use perks as a way to blur the lines between work and personal life to try and make more than what it is. Psychological manipulation. Give me money and flexibility. That's all I want. Look at the results of my work to judge me.
I thought Id see you here lol
I am 50 years old working in the high tech industry, mentally tired and sick of the weekly 8 to 5 routine. Never got a proper day off even through the pandemic. Hats off to the millenials and GenZ that think differently and put more weight on LIVING rather than just WORKING.
I'm in your boat as well.
I'm in your boat and David's boat as well, although I'm not in programming and tech. I'm in another engineering field. At any rate, what younger people don't realize is how you WILL tire out, or your family will take up more of your time, or you'll begin to develop what might be some inevitable (for some) medical conditions such as arthritis or something you didn't plan on. I'm 50 as well. I'm very carefully watching my neighbors and older family members and I'm seeing some of them get chronic diseases starting slowly in their 50s-60s and definitely popping up by their 70s. A couple of close friends have already passed on from cancer by age 60-62. There's a lot to be said for a 40-50 hour week; life is for living and for all the other things you need to attend to. Considering how short life can be, do you really still want to be working 70hr weeks (rhetorical question).
@@Tubes12AX7k Excellent analysis. Thanks for taking the time to share your thoughts. I'm 29, currently transitioning to tech sales (been in sales all my 20's). I'm used to 60 hour work weeks now. However as I begin to mature and age, I realize more and more that I don't want to keep doing this forever, especially since I'll be starting a family of my own soon. Looking to calm down a little and work 40-50 hours a week. I appreciate reading the insight of someone quit a bit older than me. Makes me think more. Thanks again, have a great day and best wishes to you sir.
My view is different though... Kind of out of options having been underpaid while raising a family. If I had got paid an entry level US tech salary for my first 6 years.. it'd be simple to take it easy to make it to retirement.
Quick question. They NEVER gave you at least 3 weeks of PTO he pay two years? Or you had to use use them for life strife (funeral, family business, etc.?)
Got into the tech industry 1.6 years ago, have been promoted 3 times and offered multiple positions on multiple different teams. Making great money but realizing MY LIFE IS NOW WORK. I am the person in the friends group who has nothing else to talk about but work, my gf is fed up hearing me talk about work, i am fed up with talking about work. The company squeezes me for every ounce of life and i deal with getting told i have “unlimited vacation” but guilted when i try to take 2 days off. sick and tired of feeling obligated to work evenings and weekends to meet deadlines with no OT… if you are a hard worker in any industry you become a victim of your own success. Sadly prices on everything are increasing at such an astronomical rate we are forced to continue working in these positions and waste our lives away as modern day slaves. I grew up poor and always envied those in these positions with wealth, now i’m realizing they may have been just as dead as me on the inside the only difference is they drove to work in a BMW while i rode the bus.
thank you for this post, this is how I'm feeling right now.
I heard tech companies want the office to feel like home b/c they never want you to leave work.
Yup!
I had a job tell me that when I was interviewing with them
Im working from home at my own pace making 160k a year as an engineer so really depends where you work but i assure you top end tech companies are far from the worst conditions lol
They put a keg at mine. Right in the entrance, to be rolled in after work hours.
@@yt_nh9347 I would rather work in tech than in the sweat shop. We have no right to complain.
Leaving a well paying job like that is still a privilege for many...
It occurs everywhere including Asia. A high paying job let's say in Vietnam, China, or Taiwan that pays 24k USD is actually very good and above median income, but we still see people leaving because of burn-out, curiosity, or fear (I.T., procurement, finance, and admin assistant and I've seen this too many times already). I was hired and replaced two people who joined and left within a few months because they found the work inundating which I understand would be if you aren't efficient at work -- but it's typical for people in my field to not be efficient.
No one is saying it’s not ?? Idk why’d you want to set your standards based on the lowest common denominator
I’m sure these folks appreciate that fact immensely but it doesn’t make it any better.
@@TrvisXXIII most simply dont want them
It is definitely a privilege as it is clean water and food.
I'm definitely seeing a lot more of this now that I'm a senior engineer compared to when I was a junior. They say, "take your vacation! come to this gaming hour! have fun!" but at the end of the day the project is still gonna be due friday.
Well duh...
Yeah, but every high paying, coveted role is supposed to come with a catch. Computer Science, Quant, Law, Medicine, and Pharm are all lucrative with different levels of stress, but the general theme is you're going to at least be somewhat pressured to perform on deadlines. Like, it's a job, ofc it is this way. You wanna cry about it? I don't understand what is to bemoan about when having such a job is an achievement people dream of getting.
@@AvadaKedavra4172 I find it quite interesting that you have mentioned quants, because I feel like that is one of the more underrated careers. Like sure, basically everyone knows it earns you 6 figures, but that's a huge understatement. If you're an ivy league math or cs graduate, most people would think that a job in one of the top tech firms would be the best paying job with that degree, whereas many hedge funds often pay upwards of 500k a year as a full compensation to 21 year old college graduates with no work experience. Not only that, after about 5 years of working this job, you could literally retire and live off of your multi-million dollar portfolio earning 6 figures for the rest of your life working perhaps once a day every week to manage your portfolio. It is quite criminally underrated how extremely lucrative this career is. There are many more aspects that make this i'd say one of the best career paths one could take, but the aforementioned points are perhaps enough for that claim.
@@AvadaKedavra4172 About the layoff culture, i have kind of known the opposite. Don't top quant funds such as rentech and 2 sigma make sure that their employees do not go and work for competitors, often making them sign NDA's and allowing them to invest in exclusive funds such as the medallion fund?
From what I know, the funds that pay 400-500k a year to college graduates are also the ones who fight the hardest to retain them? I am not too sure about the general hedge fund culture since that isn't in my realm of expertise, but I know this about top quant funds from 2nd hand experience. Let me know if I'm wrong.
@@manoftomorrow5987 well its not that simple. in my approach, if employer introduces any task that involves me leaving my desk, im not working more hours to finish it. all activities come out of the 40h per week.
I quit my job as an Engineer last Two years ago after almost 12 years in the field. It was not an easy decision, but life is too short to dread going to work everyday. No amount of money can buy real happiness Lol 😁 but friends I'm not asking you to resign from your job or Abandon your business but be wise!
I don't like my Job but I love what it provides for me and my family. This pandemic has people rethinking and working
@Vargas Mendez While I was still in service I planned towards early retirement,my first income I do a normal 9-5, my second income I put it back to work more money because I'm not just after money but the freedom to live on my terms Lol.
@Miles Cooper yes I was able to make about 2/3k weekly as extra income from my investing trying so much to build more side hustles and extra income.
@Philip Benjamin There's a lot of investing options (real estate, Airbnb, stocks, crypto ETFS) but my best advice get a professional lead you into profitable one.
@Philip Benjamin I work with a pro (Virginia May Wynne) she's great expert and has been influential to my financial Journey. I recommend her to everyone
seems like these tech companies are counting on burnout and turnover, and they have a never ending supply of fresh graduates who will leap at the chance to take the job and they'll have the latest knowledge/skills - burn out after 4-5 yrs, rinse/repeat
it goes to show how much money there is. If a company pays you $150k you can bet they made $450k or more off of you. What if you struck out on your own and generated the $150k by working for yourself. This is the hard thing for most people to grasp, including me.
You hit the nail on the head
Grads don't have the latest technology or skills because universities are far behind industry in the innovative space that is tech. Having said that, every grad will jump at the opportunity to work at facebook/google etc. Because it will give them skills and brand value that will set them up for life
@@Kevinschart Don't forget VC money.
@@davidhawley1132 VCs are in it to MAKE money.
You make a ton of money with no time to spend it. You look forward to the end of a project to have some room to breathe only to have a new project waiting at your desk. The perfect recipe for burnout.
Work like Japanese. If you get a week long project, make a gantt chart for it and extend it to make it a month’s long. Hence you will still be “seemed” as a busy bee
@@temich1985 You got me in the 1st half, lol. I was about to say Gantt is incredibly inefficient
I don't understand this idea at all. As you move up the ranks, you are expected to juggle multiple projects - that's the standard path of any growing career. Learning to manage shifting priorities is a critical skill, especially in tech.
@@mandisaw it should be called not multitasking but ability to do super fast switchtasking
@@temich1985 yeah multi tasking doesn't really exist. a human can only do one thing at a time.
I’m a Software developer. I understand the struggle but us tech workers should count our lucky stars. We are very privileged to be where we are. Most jobs outside of tech have less perks, much lower pay, and more stress. I am grateful everyday to be in this field. Once I accumulate enough wealth to purchase my freedom, I’ll see myself out.. maybe. In the meantime, I will run the race as long as I have to.
Can you give me(an absolute begineer) advice on becoming a software engineer? I don't feel like I'm smart enough.
@@user-qy6tu9ip9v I am not that smart either. What helped me succeed in this field was majoring in computer science in college. I majored in computer science and did the best i could (which was average). Even if you don't get top grades, just practice writing code and engineering systems and you're good. You don't have to be great or brilliant. Having the CS degree and knowing the fundamentals of software development and coding is enough to get your foot through the door.
The fact we have to purchase our freedom like we’re slaves smh
Yep, I’m working as an engineer in construction…😂 tons of very smart people working constantly for maybe a third of the tech salaries and no perks, no bonuses either just basic insurance benefit packages and only major holidays off.
@@NadyaPena-01 can u give me some suggestions please like how can i start like html,css, JavaScript and then what else.
You either work to live or live to work. This heavily resonated with me and it forces myself to not overwork myself or fall for the emotional traps that companies might portray to staff.
Totally! Work is important for us and for the overall society. However, working 5 days a week during 40 years or more is too much. Gen Z want a better work/personal balance and more free time to enjoy life (and participate to the economy through consumption, as stores, cinemas and restaurants usually make most of their sales during the week end).
That's why the best answer, in my humble opinion, is to propose to all workers the possibility to switch toward a 4 days week work, as some European countries are currently experimenting. This should concern blue collar jobs as well as white collar jobs, even in prestigious industries such as consulting and finance.
This 4 days a week schedule can take different forms, and result in a reduction of the monthly salary, or not. Personally, I would easily accept a stimulating and challenging job with a 4 days per week schedule, even if I have a 20% lower compensation. It is worth it, and I'll be highly motivated in the long run.
“If you don't find a way to make money while you sleep, you will work until you die.” - Warren Buffett
But I want to work until I die. I love my job, and without it, life would be so dull. Such a shame my peers think work is such a punishment
Funny thing is, Warren is still working and he is 90 years old.
@@dim9753 you have a career not a job then. Imagine if you had 10k a month in passive income though. I doubt you would still work when you could spend 100% of your time with your family.
@@nickjohnson2640 some jobs are fun and can be some only means to a social life 🤷♀️
@@nickjohnson2640 If I'm making $10 million a year, I wouldn't care. Working gives you something to do, and even with $10 mil I'd still try new startups, run companies, etc.
As someone who used to work 80 hours a week, quitting my job to become a freelancer was the best thing I have ever done. Sure I still work a lot of hours and often close to 70-80 hrs a week, I feel like I am doing this for myself and not some corporation.
I was thinking doing freelancing but I am just scared to do my own taxes and manage buisness accounts etc. Is it hard ?
I am sorry but freelancing is more stress, less social life and more responsibilities. That's my take.
What do u do?
@@TheSandsplash It's a good stage to practice prospecting and selling which is a valuable skill. Problem is, people get stuck there for 5+ years never really scaling their business.
That sounds satisfying.
People don’t quit their jobs. They quit their managers and bosses.
From a personal perspective, that's true.
So true ✨
Wait, is this LinkedIn? Commenting for better reachability just in case, kappa!
Right - evil bosses are scum and always cause a high turnover.
100% true
I've been in tech for about 4 years, I'm 29. Before that, I did restaurant work for about 5 years, and worked at a non-profit, also food-related. I don't know...I just haven't experienced this stuff in my current tech role. There are soooo many tech jobs that are not in the ultra-high profile companies like uber, facebook, netflix etc. My first job in tech was at a regional insurance company with about 600 employees, doing data engineering stuff. The job overall was very good, not that difficult. I just moved to a consulting company with about 5k employees. I'm new, but I don't get the sense that it's a very stress inducing place to work (generally speaking, of course it'll have it's moments).
I used to work with dishwashers that slept on the premises of the country club that I worked at, worked at least 50 hours/week, and probably made no more than $12/hour. THATs burnout, but it's burnout without the flexibility to just leave when you want. When you consider the alternatives, it's hard not to view some of these folks as just complaining...
You're quite successful for a 29 year old
To your point most of the case studies in this video big tech was their first job, which honestly isn't very good reporting. I wonder statistically how often anyone stays at a job for 8 years now a days. I used to work manual labor and tech is a walk in the park and I'm grateful every day. Are there pointless meetings? Yes. Do I need to constantly consider company politics to get anything done? Yes. But at the same time I'm working out of my living room and having a real impact on peoples lives even if things move slower then I'd like.
What helps is when you've truly experienced a bad job. It's all a matter of perspective. My personal experience has been this: worked 5 years in my 20s as a grocery store manager. On the surface it seems like a boring mundane job. It was absolutely depressing. I don't need to go into details but it made me truly hate my life, long hours, 6 days a week, overnights, holidays, etc. I will never forget it. I've been in tech for almost 8 years now, sure there have been ups and downs but its all been gravy when I compare it to my previous career. When I hear some colleagues complain about what they complain about I cant help but think to myself...ya'll have no idea how easy you have it here.
A tech guys PTSD is Microsoft Teams ringtone 😂
the best and most under rated comment on YT
Oh my GOD seriously!!!
Its funny but not funny, I seriously hate that thing. May need to customize it lol
Microsoft teams and outlook notification 😤
Slack message noise notification
Job burnout with high pay vs job burnout with low pay. The former has the luxury to quit whereas the latter fear losing their job. So for the elite group it’s a norm and not a shocker that they’re leaving 6 figure pay.
Or job that pays ok and no burnout. There are options always
My thoughts exactly.
@@Venmanayan pays okay but have no problem firing you over the smallest thing
I never had burnout at non-tech jobs, but I also couldn’t pay the bills.
Real facts!
A few people in this video said something like "as soon as you finish a project, you have to start a new one". I think that hits the nail on the head. If you finish something early, you should be rewarded for finishing early and get some break time. Instead, it's immediately on to the next thing. Consider if you were instead a freelancer that was paid a fixed amount for each project. You would be incentivized to finish sooner, and if you wanted to take on less projects, that would be fine. But as a salaried employee, you have no choice but to grind through project after project, and get paid the same amount no matter what. There's nothing stopping you from stretching out projects a bit to make them take longer than they need to, but in my experience that doesn't actually help with burnout. Because then you feel like you are just wasting time and your work feels less meaningful.
I worked a low paying tech job for six years and still felt the burn out. The problem is that tech is very fast paced and competition focused. You can barely keep up. Though I got promoted regularly, my higher ups told me the truth before they left, they said that I was severely underpaid based on my skills (essentially I branded myself a one stop shop for the marketing department as I am both technically knowledgeable, people oriented and strategic). I maxed out at $50K. So I decided to jump ship with little planned. Now I run a financial agency with my husband and we make $250K a year as entrepreneurs and we have the freedom to set our own lifestyle.
What does your financial agency do?
@@xyzmediaandentertainment8313 we help families and businesses secure and grow their money. Everything from risk management (insurances) to investments. We also have built a strong partner network to advise them on various things that affect them long term like education, estate planning, mortgages and taxes. In my country, financial literacy is not taught in schools, so there is a big demand for our style of coaching.
@@sophien5416 Something like a Ponzi scheme?
@@sophien5416 wow that’s amazing is there anyway I can reach out to you
@@victor_lar you don’t know what a Ponzi scheme is, do you?
I have a high paying tech job that I’m about to leave. I feel incredibly blessed and privileged to have had it, even though I worked hard to get to where I am. I was promoted very fast after 5 years. I know it’s something many people would love to have and honestly I’m happy that someone else who has worked hard will get my spot. Ultimately I became burnt out and just need some time to reset my life. I have lived humbly, saved every thing I could, paid off debts as quickly as possible, and have enough to live for 8 months to a year. I’m hoping to come back into the industry as a healthier employee or have found something else fulfilling.
For anyone wishing they had one of these jobs or feel frustrated by people that appear to be complaining, I hope you achieve your dream and get one. You can do it, keep at it! Taking one of these jobs to be financially secure is a blessing. I am taking a break because my mental health and stress hospitalized me (don’t let that scare you, I just have my own personal stuff too 😄).
Wishing you the best 🙏🏿
Wishing you a good reset bro! I aim to get these jobs but I work insane hours rn and understand why someone would need a reset regardless of pay. The biggest pro is that if it wasn’t paying so well you’d feel trapped as no way to save enough to maybe take a much lighter job and have savings to supplement while you recuperate.
hey it has been 9 months how are you doing?
@@DJm3d1cation So much better! I ended up taking 5 months off to dedicate to myself and it was amazing. I haven’t had this clear of a head in so long. I eventually found a new job in the same line of work, but it’s a brand new environment and a healthy one. It was a bit stressful to do interviews again but not the worst. For anyone that’s thinking about doing a similar thing, and if it makes financial sense for you to do so, I HIGHLY recommend it. I want to figure out how to do more “micro retirements” in the future.
@@jestahjava4255 great to hear! What kind of job do you have? Software engineer?
"Compare that to ... physicians, only 42% said they were burned out" - Yes, indeed, a perfectly acceptable percentage.
Lol...show me a physician that isn't burned out. Just yesterday, my wife burned her finger while making quesadilla. That's 100% of physicians in our household burned out.
@@WoodcraftBySuman that's a knee slapper
Physicians also average like how much money a year and how many hours a day at work? It is not acceptable, but perfectly understandable for physicians, sadly.
@@bsarioz physicians spend how much more time in schooling? How much more money in schooling? How many hours working at their job? When you factor that in, they don’t make much money at all. Perhaps 20+ yrs ago, it was a bit more worthwhile. Nowdays, the financial proposition isn’t really there.
I saw it as them taking a profession with a knowing high-burnout rate and saying tech workers are even higher. Not that any of those percentages were okay.
That’s literally every single corporate job. Not sure why CNBC would single out the “tech” industry and feature a group of people who have already achieved what thousands of young people can only dream about.
Because big tech companies are highly regarded as the almost-perfect workplace.
@@chavezchavo fo sho
@@chavezchavo whoever said that has never worked for a energy company
Corporate jobs are easy. They do half the amount of work if anything with deadlines two or three times as long.
These companies want your soul. All the perks in the world isn't going to give you back all the hours you poured into building someone else's dream.
I think the pandemic has taught people the importance of multiple streams of income unfortunately having a job doesn’t mean security
i lost my job with Qatar Airways in 2018 went into debt started investing 2019 and paid off all of it via profits off investing before pandemic. Investing is a great choice I made.
I lost my job too and got into investing I am patient and hopeful, watching a lotta investment videos and keeping my head up waiting for all this to be over and the markets back to normal
I got laughed at when I started trading. I was burnt out, needed a change, but wasn't expecting to be laughed out of the office when I mentioned my interest in investing in the financial market. Well, a few years later and $5.3 million in savings, I'm the one laughing now. Friends want to know exactly what my strategy is 😂😭
@@andreashallow7785
I recognize hard work when I see it, I am new and in need of guidance, I have a more than a handsome amount to invest into the stock market but with the right guidance.
@@clintonsparks8431
As a beginner, I took a more practical step to learn to invest, I began through the guidance of a financial consultant and within 2 years, I have owned 2homes in the United states and car dealership all with the an investment capital of $150,000 so it is best to invest with the help of a professional.
I tell people my tech job is like this: imagine running a race as hard as you possibly can only to reach the end of your race and realize you next race already started. It's stressful
Well that's the truth for entrepreneurship also 🤔
That's why you have to pace yourself. Since you're not getting paid overtime, you have to decide how much work you can complete in a day and do that work for the day.
Unfortunately a lot of people get into the habit of trying to finish a project as quickly as possible so they end up work 12+ hours a day and burn themselves out. These are the people who are complaining about having to do a new project after they worked overtime everyday to complete a project.
You should lecture about hard work to underwater welders and coal mining workers.
@@jeradkiester698 Or everyone can respect everyones discipline because the world doesn't function without all of us doing what we do.
@@balthorpayne you are correct. The world would stop turning without Silicon Valley jobs.
I think this is a pretty good video, it's saying a lot about the downsides people need to live with working in a tech company. Things like the need (or want preferably) to learn new technologies constantly, no control over projects even though you might be a manager (because the company is huge and clients want what clients want), stress and the insinuated long work hours from companies (late dinners, gyms sometimes even beds, and fancy coffee bar, they are all designed to make to not want to leave the office).
I feel like a lot of the bootcamp ads paint this bright picture for young people where they can get 6 figure salary easily if they go to these bootcamps and then work at these tech companies, but they don't tell what's asked of you. For me, tech jobs are nice in terms of salary, being able to learn and do different things and the feel of accomplishment when something is built. But I understand that different people have different priorities at different times, if I get older and maybe have a family, these perks can become burdens.
PS: I don't know why you are comparing average income of a tech professional to a median income of public school worker (at least in voice, in video it says average as well). so I am confused, is that a typo or the video was wrong?
Tech has it's issues, but the broader problem is with American work culture in general. We are second only to Japan and maybe China in terms of toxic work cultures with an obsession with productivity and consumerism over mental health, and happiness. I don't see this changing anytime soon, so you need to either search hard for the right employer/industry within the US or move to another country.
I feel the same way in the high school I attend which is among the top 10% in Illinois. I learned why it is among the top 10% for a reason, The expectations, competitiveness and productivity of this school is really high. It is taking its toll on me. And consuming my mental health.
@@gamegamer9523 I go to the top school in my state in Australia bs I feel the EXACT same way, it’s destroying every persons mental health, one day I’ll get out of the west
India is similar, I used to thing us is better😢
I quit last month. I wasn’t able to recover from the burnout this time. Plus it doesn’t really feel like 6 figures when you’re spending $2500+ for a 1 bedroom, $800 on food a month and the cost of living is so high.
Yup they dont mention that these salaries are in the most expensive places in the world lmao, 60% of the salary is already gone, not to mention car payments and car insurance.
@@johncam8420 Same in London. If you move out from London by just 45 minutes, you can easily find yourself in a situation where you lost 15% of your London salary yet still end up with more disposable income and a cheaper, better house. Go even further away and you can manage this on as little as 60% of your original London earnings.
That’s what happens when our US is debt and everytime we print money it’s actually just owed the the federal reserve.
$800 a month on food? That’s a lot of dining out
@@briancheng8243 I bought 15 times at the grocery store yesterday and that was $70 (might last for 4 days).My husband has dietary needs because of his gastritis (no processed foods) and we hardly eat out. You can assume all you want, but $800 is hit EASILY in this area after feeding a husband and twins.
Lol - “Why Millenials are leaving six-figure tech jobs”
Videos Answer: “To start companies and hopefully make 7 figures”
U
talk about kicking the inflation wrecked job to the curb
and aiming for something that's unlikely to succeed
the desperation is real
Lol
@@therearenoshortcuts9868 yes to an extent but all these make more than is needed to support themselves and their family. Once you reach a certain amount of salary it’s about what you do not what you make.
did we watch the same video?
Most people venture into crypto to be a millionaire meanwhile I just want to be debt free
That's very practical and smart goal a wise man once said do everything in your power to get out of debt one of his tips on getting rich
Just do the right thing by trading with an expert, trust me you will be successful and debt free
Starting early is the best way to getting ahead of build wealth, investing remains the priority
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
Now is the best time to purchase and invest in Bitcoin stop procrastinating
37 year old here.
European, working for a large US tech giant.
I‘ve been in Burnout for 8 months now and don‘t think that I‘m able to perform as before ever again.
Covid really tore down a lot of stability.
These are the late effects and we‘re heading straigt into a global crisis.
I can‘t take it anymore tbh.
People are realizing they shouldn't sell their souls to soulless corporations and time is FINITE
@George Ross sadly better said...
@George Ross u wouldnt be on a website commenting right now. nor would u even have half the great tech u have today. The problem with tech is that it creates fixes for old problems and creates new ones we have yet to realize yet.
especially for women with a biological clock ticking.
I don't think ENTREPRENEURSHIP can replace motherhood yet!
@@gastonemoschin4337 Yep, creating a problem and selling the solution is very profitable
@@gastonemoschin4337 We would have more open source software because the good devs would have more time to contribute to it.
Six figures is the new middle class in Cali and New York.
Most places
@@lferram1647 It's still upper class in most places by far but cali, new york, hawaii cost of living is stupid high.
@@BatmanisBatman in Florida where I live and Washington State where we moved from, six figures is middle class. But yes, I’m sure there are some places where that would still be considered upper class, in the south or Midwest perhaps.
You'd live like a king here in North Carolina.
Add DC to this list.
I quit my engineering job after 11 years because of burnout. Employees generally become more productive as time goes on, but companies seem to think these productivity gains continue at the same pace indefinitely when they don't. Employees who are treated like this gradually get crushed by the overwhelming weight of the accumulated responsibilities. Eventually you're doing the job of 5 people and they'll still try to load you up with more.
Yes, it's time to jump out of that race
Couple years ago I graduated with a B.Sc.in Computer Science and later I received my M.Sc. degree in CS. I spent countless hours learning programming skills. We as software engineers when we apply for a tech job we have to pass a coding interview which takes a lot of time to prepare and is super stressful. We have to remember data structures, algorithms.. Countless hours on leetcode or hackerrank solving problems. Recently I tried teaching which is far easier job than being a full time software engineer that has project deadlines and has to perform so great just so you can keep your job. Coding for 8-10 hours a day is so hard, all I did was going to work and going back home to sleep basically I had no social life, I felt like I was living alone in this world. I'd rather have a low paying job than a tech job that requires so much after all we have a life to live and we don't need to be all day at work.
The stress from interviewing and the prospect of having to go through those interviews over and over again for decades made me switch into technical program management. I feel so much relief that I can leave a company if it becomes too hard for me without having to climb the mountain of prepping for white boarding interviews.
I love your comment, your experience is very interesting. I think the key word here is FREE TIME.
Work is important for us and for the overall society. However, working 5 days a week during 40 years or more is too much. Gen Z want a better work/personal balance and more free time to enjoy life (and participate to the economy through consumption, as stores, cinemas and restaurants usually make most of their sales during the week end).
That's why the best answer, in my humble opinion, is to propose to all workers the possibility to switch toward a 4 days week work, as some European countries are currently experimenting. This should concern blue collar jobs as well as white collar jobs, even in prestigious industries such as consulting and finance.
This 4 days a week schedule can take different forms, and result in a reduction of the monthly salary, or not. Personally, I would easily accept a stimulating and challenging job with a 4 days per week schedule, even if I have a 20% lower compensation. It is worth it, and I'll be highly motivated in the long run.
They quit because they can afford to. It's simple
Mostly as companies don't allow career break or sabbaticals these days. Some of these burned out workers would be retained if they were allowed to take some time off unpaid with their job available to come back to after they rest up.
@@rejectionistmanifesto8836 agreed! I wish more companies allowed sabbaticals or some sort of long term break. I haven't seen any tech companies offer this even though it would be a really beneficial perk for people.
Exactly! Why would you eat cheap fast food when you can afford a healthy meal in a nice place? Unfortunately most people don't have option so they just don't understand.
‘Mom and dad helped me’ I have heard it a billion times. Bunch of privileged brats
"They can afford to" sure. You can also afford to live on minimum wage, you dont have to be a miserable slave to live life. That is just a misconception of a bunch of money chasers like you.
That's every corporate job.. Work, work, work..
and more work
Or waiting for another assignment after your proposals are shot down.
sooo you are more of a fan of limited liabilites companies.
Correct
@@zeeshanfaiez2075 what is your alternative?
I worked in big tech, left for 5 years to work at startup, then went back to big tech. Working at a startup for 5 years was horrible for my mental and physical health. Ill never do it again. Im so grateful to have landed a big tech job again.
Explain
I have been a keyboard for hire in the past 20 years. From the early stages I knew I had to be cautious and make sure my IT job stays a job nothing more. I didn't dive into crazy schedules, never got stressed by the demanding and competitive environment and was always wiling to sacrifice my job if it was in my way to stay healthy and happy. Still doing the same job and continuing to rip the substential financial rewards and comfort IT job provides. At the end, its all about perception
I feel like these companies don't expect life long workers. They're constantly looking for new blood to add new ideas and energy to the teams. Which is probably more ideal than the "work for a pension" model imo. Retention expectations is probably just around 4-5 years. Then people are empowered to pursue their own life fulfillment.
very true...they try to force you out once you get over about 35, unless you are being groomed for senior manager, architect, director, etc. I experienced that at a large healthcare IT company...15 years was enough for me and I left good rittens....
@@jtt1928 riddance, baby, riddance
@@jtt1928 and that's probably not everyone's aspirations either,to be in management. If someone gets 5 years of 150k and able to save half and invest it in their early 30s, they're basically set. Do some freelancing from there on while having more autonomy to pursue hobbies or make memories with family. Count me in.
@@wing3789 150k TC for 5 years is not enough to make you set. Especially with Bay Area rent/housing and cost of living. Maybe 300k TC for 10 years depending on how much you’re comfortable with retiring and how well your RSUs grew.
Avg tech attrition is 18 months
03:55 "Physicians ONLY 42% of whom said that they felt burnt out." That's still a lot! This isn't the misery Olympics.
That's only because of Covid. But doctors are overpaid. For 15 minutes of advise, they make over $250K. Either that or they are ripping people off and getting away with it.
@@raphael52 unfortunate 250k for physicians is barely enough to cover living costs until they are in their 40s due to high cost of education and interest accumulating in 10 years of education, by then they need to start saving for retirement and they are 20 years behind their peers, since they are paid lower than minimum wage during training, the whole system needs to change.
@@raphael52 doctor's are underpaid. Look at their hourly wages and you'll understand
@@raphael52 Covid isn’t the only reason healthcare workers are burnt out. I’m not just talking about physicians. Hospital environments, politics, corporate bs, etc. are other contributing factors. People have no idea how inglorious healthcare is to work in oftentimes because of these things.
@@AYTA-mi5pb If you can not live off of $250k+ a year you got bigger issues. Regardless of the student loans. You have lower income individuals making it work with an income of just under $100K living in an expensive, overpriced city like In New York, DC , CA, etc. While still able to pay their student loans. So like I said. If you cannot make $250K work, you got spending problem. Much bigger problems.
I got my own company and I work 70+ hours, I don’t feel burned out at all because I always know all the progress I make is just going directly into my bank account.
It’s a pretty fresh firm but I will love every day
Hope y all loving what you do
"My life has no meaning outside of my job"
Burnout is real in any demanding/ high- paying job but you can usually take a break or switch jobs. Entrepreneurship can also lead to burnout because you can’t “clock out” like a job and now you have to invest in the business, find clients, serve them and turn a profit.
Yeah but at least with the entrepreneurship you can set your own hours. And it’s usually something you’re passionate about so it doesn’t feel like work
And the most important part that you work for yourself and all the effort that you put in goes towards a profit for you and not a big tech company
I’m a medical doctor in Texas and just quit my job due to burnout. But I also reached FIRE (Financial Independence Retire Early) as a single, African American mom at age 41 a year ago so I plan to craft my own schedule moving forward. 🤲🏼🙏🏽
@@ye23. Yes entrepreneurship is much more fullfilling esp if it works out.
@@ye23. set your own hours and you are probably going to have to work 70 hour weeks
It's still better than working a minimum wage job without any of those "perks" I'd LOVE to be able to have a job where I can work from home, and also have job security and making good money, these are jobs where you can work if you are disabled, become older, or if you're pregnant, which is something you need to consider imo when you are looking at careers
And don't forget that some companies can still fire pregnant women.
It's all about perspective right? Also, a lot of techies are sensitive, highly intelligent people who want to live a rich, purposeful life and not just make a good salary working on things they don't care about, or steeped in toxic work politics, etc. Ironically, the people who tend to be satisfied with just a cushy income and perks, are not usually the ones who succeed in an innovation-based tech industry.
@@helenatube People just want more, the best 'job' is being a trust fund baby. period. LOL. Until then, people will always want more, people earning minimum wage, want these tech jobs, people earning 6 figure incomes want something else. LOL. it will never end.
@@Sadude13 I think most of these people are trust fund kids that have been fed a silver spoon all their lives. Most FAANG’s hire from the ivy leagues. Most kids at ivy leagues come from prep high schools that cost a ton to go to
@@bigpoppa4094 - This video isn't just about Facebook, Google and the rest. This is how it is at all large corporations with internal IT and development groups. We hire people from all schools. Burn-out is rampant. That one lady summed it up perfectly. Because we work in sprints, there is never any rest. You perform heroic acts to meet the current deadline, just to be handed another impossible deadline at the next sprint planning meeting.
Young kids with a lot of motivation and excitement in their careers. I used to be like that. Now, after 30 years in the job market, I just want to have passive income and don't have to work as hard. :-0
I am also looking into passive income, but I still want to be active and keep doing things, I just see the passive income as a way to allow me to better chose what I want to do.
As a software engineer, this piece hit home big time. They're 1,000% spot on!
I wanted to get into software engineering but, if burnout is all that awaits me then what alternative is there?
@@Priinsu burnout isn't necessarily what awaits you as a software engineer, it all depends on the company/projects you end up working on. You may get burned out if you prioritise money above all, because high paying positions usually mean more responsibilities and time you have to spend working (so less time on personal things that you actually enjoy). Also once you get used to a certain income, you may end up cuffed in a golden handcuffs. Just search for keywords "lifestyle inflation" or "lifestyle creep" to get more details about this. This can happen almost to any profession, it's not exclusive to IT. So getting into software engineering is totally worth it if you're into it, there are a lot of opportunities in this field.
@@someoneishere6806 another thing, so I'm currently active duty military. I want to know if it's good idea to learn through a university or alternative route? Because, what I was thinking about doing is finding a decent coding bootcamp and then using a program we have called skillbridge that allows us to get a 6-month paid-internship with military benefits which could turn into a full time position or go on my resume.
But, am I missing out on anything if I opt to go that route vice a university?
“Millennial psychotherapist”? I love the job titles people give themselves now
Also, Morgan Debaum what’s your skincare routine? 😂😂
or instead of "janitor" you get "facility manager"
I cringe when anyone includes "Ninja" or "Enthusiast" or "Facilitator" in their job title.
@@hubertcumberdale2651 "Data Scientist" still makes me a bit cringe actually. I call myself a data analyst.
@@josetheman239 there's literally a "science" to everything we do that we know to be real. I agree, it should be so self-evident it doesn't even need to be mentioned. lol
As a person who comes from a poor background and recently got into big tech I can empathize with their feelings of burnout but I don't understand the whole "My work didn't energize me!" types of arguments. It's a job. It's not going to always be the most energetic soul-fulfilling thing out there but you do it so you can survive. Maybe it's because I have no safety net aside from the work I do that leads me to think this way, idk. Overall I totally understand leaving a job for a better job but their arguments for why seem a little weird to me.
Everyone has their own level of BS they can tolerate. It took me 10 years working very crappy finance jobs before I had so much burnout I switched to working at a university since I couldn't take it anymore. Everyone's different.
in the tech industry, most of us have the cash on hand not to be desperate for work. by the time you're a senior engineer, you should have enough of a safety net to take at least a year off without breaking a sweat. you spend your whole career with all your necessities covered + plenty to save, so comp doesn't have to be your top priority.
Call me grandiose, but I was never interested in wasting my whole life "trying to survive". Literally, I'd rather die in the forest trying to do that. At least the work would mean something.
No. I created my own business and I have never looked back. Society is struggling because it is fake. It goes against every grain of human spirit and nature. It's narcissistic, short-sighted and way past its prime. I'm not interested in it at all. I won't work for it and I won't "survive" in it. Would rather lay on the train tracks.
We created a system so toxic that it has no choice but to self-destruct. Watch as people fight over resources, whether it's Black Friday, or it's a toilet paper shortage, or it's something more serious, like a famine. That's the system. We were not meant to be like this.
@@manictiger I want to do that. I want to be leader of just work my thing and have no one tell me anything. How did you accomplish that
@@manictiger Which industry is your business in?
Every company that offers “unlimited time off” is doing so because they know employees will use less than if they were given a set amount of days because they don’t want to look like they’re being greedy or lazy with their use of days off.
that where this people are going wrong, after you finish your project just take 2 weeks off come back and do the next project. also in your two weeks of turn your work phone and enjoy.
Depends on the company and the group culture your manager sets. My coworkers take weeks off at a time and we all rotate to cover. It’s because of this that we all feel comfortable and encouraged to take pto
They trippin. A large chunk of the world lives on less than $8 a day
I feel like a lot of this boils down to unrealistic expectations. At the end of the day a job is a job. 99% aren’t getting to solve complex problems AND make 200k out of college.
Unrealistic expectations of the employer as well.
False promises, high demands and the pay usually doesn’t catch up with the work
Right, only a few get to work on the cool projects.
@@kez99 Speaking from experience, even "cool" projects have a huge element of drudgery on them. I think people need to have realistic expectations that they won't be finding the cure for cancer everyday.
Making a decent salary in corporate America means they basically own you. Salary was a give away to big business so they didn't have to pay overtime. Working 70 hour weeks is far too common in the tech industry and after awhile you just feel like you're being taken advantage of. Poor leadership is another issue I've experienced in almost every tech job I've ever had as well. Nobody likes to be told what to do by some egomaniac with a shiny new title.
@@ScottH. By definition, if you earn a so-called "decent salary" but working long hours, you aren't earning a lot...you are earning little because you don't get paid much by hour (which is the more appropriate measure in this case). You can't earn a decent salary and then say but the hours are long....it's a contradiction in terms....no more different than working at McDonalds in the morning and KFC in the evening.
As someone in IT for 15 years this is accurate. I burned myself out of my high salary corporate job this Spring. I just resigned and don't even have a new job. I don't care either. 2020 put hours on us most couldn't comprehend. On the one hand I was grateful to still have a job during hard times but on the other; it raised the question what do you want out of life? Life experiences and good health are far more important than a pile of money when you look back on your life. I'm taking 6 months off and living extremely modest with what little possessions I held onto in storage. I didn't work from home last year. I was inside 3 empty offices upgrading our infrastructure so everyone else could stay working at home. I also can tell you when people leave the company there's a brief pause at best then you will be replaced and forgotten. It's a cold robotic industry.
Doing IT for just over 10 years now and completely agree with you.
You said: I was inside 3 empty offices upgrading our infrastructure so everyone else could stay working at home.
I dont know you, but thank you.
Take it easy, bro, enjoy.
"cold robotic industry", god this is so true
Thanks for making it possible for people like me to work from home during this time!
I think the difference is the ability to quit and not care. Without that high paying salary that isn't possible for most people
*The first step to successful investing is figuring out your goals and risk tolerance* - either on your own or with the help of a Financial Advisor. If you can get the facts about savings and investing with a well detailed plan, you should be able to gain financial security over the years and enjoy the benefits of managing your income.
I know a lot of people have made themselves fortunes with smart decisions in the market, even with the massive fluctuations and unprecedented inconsistencies.
Yeah, that's true. It's all about the right guidance and timely information.
Building wealth takes focus and discipline. And if we want to be honest with ourselves, alot of us are lacking those.
Well some are afraid to give new ideas a try due to some horrid past experience. You really can't tell.
STAY IN PURSUIT. That's the key word, pursue your dreams and goals.
thank you CNBC im learning something new making me feel free on this planet
When you're young, you use health to earn money. When you're old, you use money to buy health.
*So you’re screwed if you’ve got type 1 diabetes as a kid?* 😬
and when you are dead, you use the coffin to get sleep
That's what it's all about. The stupid circle of life as governed by the society. You remain a slave to money and that's exactly where happiness feels bound. There's never really a feeling of total freedom and so the real happiness is never felt by most human beings. The fault is the system itself. The society, the governments who control the lives of everyone via money. Happiness cannot be bought by money. It's not a commodity. This is what people fail to realise. 'Money cannot buy happiness' is a 100% true saying.
I worked as a software engineer. And what I witnessed is this: you'll be a successful software engineer for a long time if you have the tendency to love problem solving, especially puzzles. Those type of questions arise everyday, without not much of unifying big picture. In 90% of the time, you solve them and you move on to the next. Intelligence is important but if you don't have such personality, your work will feel meaningless very quickly.
Agreed. I'm also a SWE, and I have a tendency to only care about the problem in front of me and solving it. I don't really pay much attention to whether I'm saving the world with this. The people who survive in this field tend to all do this. We don't try to find life's purpose in the job. It's literally just a way to make money. Then you use that money to fund your hobbies.
@@garzdiva Or if you want to start a business, or save the world, that's what your weekends are for. Take some of that PTO and go do things that fulfill your values. That's also how to address burn out.
work for a %~startup*~!
Most long term engineers (20 plus years) that I know have a certain personality type. The ability to focus on problems for long period of time without burning out or getting bored. I have noticed may of the newer people don't match this personality. Spectrum? Maybe.
@@garzdiva Agree.
I work as BI Architect. I do my job, need no awards or commendations etc.
Just need my salary, pay raise maybe & that's it.
Parties, office perks are good for you but for me work & then relax.
I like my company a lot. But have no expectations from companies.
When you invest, you're buying a day you don't have to work
Assets that can make you rich
Bitcoin
Stocks
Real estate
You're right Sir, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor
Bitcoin is the most profitable investment online of only you trade with the help of a professional expert
I'm from Spain i have been an investor in the crypto market for over 2 years now
Now is the best time to purchase and invest in Bitcoin, stop procrastinating!!
As en entrepreneur, what I've learned through the years is that certain employees will not be happy no matter what. All you can do is offer them the job and be good to them. Teachers, coaches, factory workers, cleaners all come to work day in/day out doing the same work one project after another. Sales people get burned out by juggling contacts, learning the product and cultivating relationships. I would be wrong for us to assume that these are ungrateful employees. People change. Seasons change. You can enjoy your work now and leave it tomorrow. By the end of the day, all you can do is enjoy the moment you're with these people. Celebrate milestones, birthdays, weddings and holidays =)
Yeah. But some employees won't tell the owner/ceo why they ACTUALLY don't like their job 🙊 Hint: it's company's fault 😑
Your a good boss for being so understanding hope your doing well man
@@mishynaofficial That's more on them than on you though. I'm not in my preferred industry either but providing for my family comes first. As a former employee, I do think at times, employees tend to put too much reliance on their employers and supervisors regarding their happiness. Work place environment comes into play and all you can be is a good colleague as well to help cultivate that. I also would think that most employees are unhappy with their work anyway and there's only so much you can do regarding that.
@@ThatBlueSkull I wouldnt disagree that I am but thanks though. It's hard to be nice to be employees at times because it seems that the ones you pay/treat well and the ones you dont tend to complain about the same thing so it's tempting at times to be a rock and just not care
These people are a bunch of yeah buts. Beta males who have no idea what real hard work Is. It's hilarious and sad at the same time seeing all these soft soy boys complaining about a cake job
Good pay is one thing. Having good mental health is another. It’s hard to find something that does both. At the end of the day, we’re all different and like different things. So go out and find what suits your soul and make life amazing.
So true, do what makes you happy, and find something that fulfills you!
This guy gets it ^^^^
There comes a point when "perks" become absolutely meaningless. I'd rather have a life than a bunch of nonsense "perks". These are ALL the reasons I left the corporate cult and started "my own thing".
Im a Certified Tax Accountant for 6 years, I perk the coffee pot! Im also a Self Preordained Minister, I can Bless You Brother! I can tell you your Star Chart Ive read 5 books on Self Hypnotism, My degree is in selling used cars 15 years! Sign Painting an Interior Decor is a Unique Specialty, Im usually up all night an sleep half the day, Main Priority is my Cats! Living Free is my Choice! an Yoga
Could I sell you a car!
Gotta admit though that in Germany I really miss those perks. US companies take insanely good care of their employees - they have chefs that often deliver restaurant quality food, swimming pools, physician teams and in one company I could even book a personal trainer after work. They really do a lot to keep people active and healthy which is smart and important because people tent to eat a lot in Silicon Valley. You walk the campus and you could literally get a snack every ten meters :O)
If perks dont keep u happy for any reason then u gotta do somehting that makes u happy anytime.
@@DerDudelino This is ideal, but applies to maybe 10% of the US workforce. Remember that Americans work more hours and days than almost any other workforce in the world.
There is a bit of a joke among well traveled Americans that wherever you go in the world you will bump into a German because they all have 6 weeks or so of vacation/ paid time off!
@Highlandadhd I think we found the company snitch 😂😂😂
I used to work at Facebook. The hours were pretty normal and never felt like we had an impossible deadline. People worked hard because they wanted to do well and everyone else was so good.
I did eventually quit and took 4 months off. Then I came back to tech and definitely staying. I know people in finance who are forced to work crazy hours, including weekends. In tech I've been always treated really well by managers and they often asked me to make sure I take time to rest.
What type of Tech job do you have?
Why compare their salary to school teachers? Why not compare their salary to CNBC producers?
I’m glad they compared it, as it shows how teachers are so underpaid. No wonder education is failing.
😂
People see 150K and think thats a juicy salary, but then you realize that if you're making 100k in SF you are literally poor. Rent there will take up 50% or more of your monthly salary. All the more reason to be a private contractor and work remotely from a cheaper state.
Why would anyone live in San Francisco
@@angelsaavedra633 Because all of the top tech companies and top salaries are only there.
No you’re wrong. These guys base salary is 155k. All the big tech like Uber Google FB Amazon give all employees stock options that can make there total compensation 250k+. I live in the Bay and that’s more than enough to live very well. Every job that pays well has stress, and burnout. Half the people in the bay aren’t even making 100k+
People pay $1.5k-2.5k for a room. Stop making stuff up.
Not “literally poor” because there are a lot of people living there making LESS than that.
Big tech wants employees to make their job their entire life. That’s not a life to live. I talk about my job on my channel.
I feel it is like that in every decent paying job.
@@cryptohouse1676 It really is.
100%.
You get mentally burnedout.
@likexbread of course, money talks!
@@cryptohouse1676 you’re right :(
I have bills I can't afford to quit
In my own opinion most corporate pressure comes from managers who play on your sense of loyalty, of being important to the project, subtle guilt for ever missing a meeting or taking a day off. The successful people I've worked with have a STRONG personal interest or hobby outside of work and take a little time during each day thinking or talking about life outside of work. The guilt trips don't effect them.
Currently in school for my masters in computer science to become a software engineer and I can’t wait 🙌🏽🤞🏽 I kno it’s tough but I’m ready to have a real career (I’m 30 yrs old)
Update!!!! I passed my first semester with A’s. Only 3 more semesters to go and I’ll be working as a software engineer 🙌🏽🙏🏽❤️
You go girl!
Good luck I know tech be discriminating on women and it’s harder for black women. Build up your network.
@@alp.9672 its literally the opposite. women (especially black women) have a much easier time getting jobs in tech. its just that there are so few women in tech, so companies would rather choose a woman over a man with the same qualifications in order to boost their diversity.
@@theendurance maybe things changed
@Lisa Adams it's true. If your a gal, you got your pick of the tech jobs
Why people leavve their tech jobs: Coding for 10-14 hours a day will make you lose your mind. It's a high stress environment.
Would you mind elaborating a bit? I code for fun and have thought about coding as a career, but then again, coding all day on things you don´t really care about sounds like a nightmare. Never-ending problems to solve while you have little to say about the project as a whole.
@@timothytim1053 ditto
if you can get six figures, you can also job hop easily to a lower stress job
IMHO salary is new the slavery. These places think they own you because they give you a paycheck. I got let go from a position less than three months after working 72 hours non-stop because they couldn't schedule jobs effectively. I can assure you my replacement wouldn't do that 72 hour shift for their family let alone the company. I didn't even get overtime or any compensation for doing that.
Exactly
I've been on both sides of the fence, currently working in tech. The unrelenting pressure & continuous cycle of projects boils down to AGILE sprints that never stop. I really hate agile methodology. My brother's a developer, and he had burn out when his work was practicing agile. When they stopped, everyone on his team stopped feeling burnt out and actually had down time. And they could work at a reasonable pace, instead of the fortnightly continuous deadlines of agile. My work also has agile sprint competition with other teams in the company, making it even worse for everyone
Scrum is such a toxic framework.
for those looking from the outside, i’ll tell you now, we are truly spoiled. I joined Twitch after a year and a half of self-studying and i’m blessed to be making 6 figures in my early 20s all from working from home. it gets exhausting sometimes but then you remember why you’re doing it.
Could u share how u do it?
I'm a software engineer now, used to be an aircraft mechanic. All I can say is just admit work will destroy you if you let it. The second I would get done working on a plane, sweaty, bloody, oily, I'd get another shoved on me with a close deadline. Find a good company above all and don't let yourself be exploited!!! If you don't like fiddling with code then don't become a software engineer, people have pushed square blocks into this round hole for a long time.
Oh no, I did AVI for a bit and want to get a pen test job.... oh hope the pay is worth it.
@@theflybaby6736 It's a job still. I wouldn't say it's for everyone, nor did I hate aircraft maintenance. It's a lot more competitive but I mesh well with it. I tried getting into contracting but even with years of experience I couldn't even get interviews. The airline feeders pay unlivable wages. 18-22 an hour for Chicago, Denver, etc. is just insulting. American Airlines was offering less than my current salary at the time for graveyards...not trying to be a whiner but I felt like it was time for me to go for a 4 year degree. Also, this 4 year CS degree will cost me less than my A&P school...I'm debt-free but mistakes were definitely made.
Wow im on a similar path im a ramp agent and studied for aviation maintenance but my company plays way too many favorites which is why im switching careers
i love the comments section im currently an AMT as well and the burnout is real too in the aviation industry. currently covered with oil after messing with an over serviced APU 🙃🙃🙃. Im starting my degree in cyber security this july. I agree. after going through a couple of airlines you learn to find a company that won’t exploit you as much but it’ll still happens as long there is money to be made.
@@FINSuojeluskunta I don't get it, so you did A&P degree and then did a CS degree and both in school...why?
The problem with work is that we spend more time with our co-workers than we do our own families. We should not be working 5-6 days a week. We waste our days commuting and being at work. What's the point of all that money if we only have the weekends off?
Then don’t work, or find another job. Lmao
@@turtlelover6934 You mean find a *better job to be specific? Not just another 5-6 day a week, 9-5. Because, in my entire life, I've never heard of a single, full-time job that makes you work anywhere less than 5 days a week, unless you want to freelance or go and work part-time. Kevin makes a valid point. The problem is the commute, so finding a full-fledged, full-time job that allows you to work from home at least half the week will be pretty beneficial for your life and well-being.
Oh please. I worked in the mortgage industry for ten years; working in loss mitigation so I dealt with foreclosures and evictions and mediations and was kicking people out of their homes. I left the industry, learned to code, and got into tech. The perks are amazing, my work-life balance is great, and I get paid the six figures as my BASE (lots of production-oriented mortgage jobs have low bases but high bonuses). I am in HEAVEN and am NOT looking back LOL. These kids need to work a real grueling job to really appreciate what they had.
How old were you when got into coding?
@@neil12011 40! I got my first tech job offer on my 40th birthday actually
@@gregorriusadolphus2729
Awesome! I’m 39, that’s why I asked! Congrats to you, that has to be the best feeling. Did you do a boot camp? How did you learn if you don’t mind me asking? Thanks for the reply!
undermining people’s struggles no matter how small or insignificant they may seem to YOU - is not helping. Showing support and helping people make an informed decision based on your experiences is all that is necessary.
The work load isn't that much different in other sectors that pay 6 figures.
I realized that once you weren't getting paid by the hour or overtime you're going to work 12+ hours a day on weekends to meet deadlines etc. And there's always a new target/project once you were done with the current task.
100% accurate. It seems like this pay scale and stress go hand in hand. I’m at 60+ hours and weekends, nearly 365…
I feel fortunate, but burnt out. It’s difficult to turn that switch in off, I feel “guilty” because I know it could be worse, and I’m exhausted churning the corporate machine constantly.
I guess that's false if you have a family business, or a rare skillset as a doctor
The thing is, if you give someone all of these perks and a flexible schedule, you need to also give them the freedom to use that flexibility. You must make it clear that the company expects you to take down time, and you will not be frowned upon either officially or unofficially. Leadership needs to model that behavior by taking time off and making sure everyone knows they're taking time off. This also empowers your teams, letting them know that you trust them to work without constantly staring over their shoulders.
The issue is America’s hustle culture. Even in construction (was IT) we can take off as much or little time as we want. I have supplemental income and have a relatively high pay. So often I’ll turn down OT. I’ve made it clear I have no issue staying late since I’m already here but when I’m off I’m off. The only time I’m willing to come in is if it helps the team. This has lead to basically being shunned which I don’t care but the point is many people look down on you prioritizing your life over work. I have a system I don’t compromise.
That's honestly so true. Unlimited flex time always feels too good to be true because it affects how you're perceived by coworkers and poses a threat to your job and how you make a living.
@@IL_Bgentyl What do you do for supplemental income?
@@themonsterwithin4000 invest, live & flip, rental. Mainly work 6-2. Electrician.
The tech burnout is very real. I joined a company straight out of college. Had been coding since I was 12 so progressed very fast, got promoted to VP of Engineering, was one of the youngest members in the team. But after a few years I got so exhausted that I quit the job and disconnected from everything for like 3 months. Only then I was motivated enough to get a new job, with 3 months rest. People often suggest to take vacation n all in the middle but when you have so many responsibilities on your shoulders, forget vacation, u can barely take a couple of days off.
The hypocrisy around vacations is something that companies need to fix or they are going to continue to lose their best people. Everybody I know says they are forced to accept project schedules that prevent them from taking their earned vacation time, even while the company makes noises about how important it is for people to use their leave. And of course everything is understaffed these days, that’s just SOP.
Whereas taking vacations and having more free time is VERY IMPORTANT.
Stress is fairly related to work. And work is very important for us and for the overall society. However, working 5 days a week during 40 years or more is too much. Gen Z want a better work/personal balance and more free time to enjoy life (and participate to the economy through consumption, as stores, cinemas and restaurants usually make most of their sales during the week end).
That's why the best answer, in my humble opinion, is to propose to all workers the possibility to switch toward a 4 days week work, as some European countries are currently experimenting. This should concern blue collar jobs as well as white collar jobs, even in prestigious industries such as consulting and finance.
This 4 days a week schedule can take different forms, and result in a reduction of the monthly salary, or not. Personally, I would easily accept a stimulating and challenging job with a 4 days per week schedule, even if I have a 20% lower compensation. It is worth it, and I'll be highly motivated in the long run.
Always take your vacations... projects almost never hit the projected dates... it'll still be there when you get back... Been in IT Development for 30 years, I've never left vacay on the table including taking at least 6 weeks a year for the last 20 years.
Remember guys you got one life , do what you love . Be yourself
Next: Why do thousands of graduate students want to get into six-figure tech jobs?
"you like finish, and then you just get a new project..."
am i missing something here? is this not like the reality for, theoretically, every corporate job everywhere?
she should've taken some vacation when she finished the project.
Ikr? Sounds spoiled to me
Exactly
I think what she's trying to say, was that you don't only go from project to project, but from one stressful deadline to the next. At least that's how it is where I'm working. You are working long hours because a deadline is coming up, thinking 'oh once this is over it'll be less stressful and I can quit doing overtime, maybe go home early a few times' but then the next deadline is coming up and it basically never ends.
@@Lichtkaiserin exactly. Often with little celebration for the completion of the large project you've just dedicated so many hours and possibly even a year or more on, and then they just essentially hand you another large stack of work to do. It starts to feel like you are a machine rather than a creative individual
As nice as the perks are, I find it can be easy to fall into a tech bubble and maybe even lose touch of reality. And at the end of the day, it’s still a job.
Amen to this!
And you are just making them billions while you have the potential to do so yourself.
Totally agree, just look at on blind how many people are cry over their over 200k TC with only 4 YoE, totally out of touch.
This is why all the tech companies should give their employees the choice to work remotely. It lets a job just be what it is-a job. It doesn’t have to define you.
when you say lose touch with reality, what do you mean?
40 years an Auto Technician, never made more then 60k in a year, had to have 100K dollars in tools just to fix peoples cars and trucks so they could get to work safely! I can barely afford my apartment and food on SS! Priorities in America are questionable at best!
I work for a big 5/big tech company. The flip side of what is presented in the vid is that at a certain level you have a great deal of autonomy and flexibility as long as you are doing great work. Once you've established yourself as a performer you have the job capital to do things like set your own schedule, WFH, work while travelling to another state or country, only answer email twice a day so you can focus, take a day or two for self care/recharging, maybe only work a 4 hour day because you worked hard the previous 2, etc. No manager is gonna tell you to work less, but you can absolutely push for better work/life balance, especially when it's demonstrated that it is letting you consistently perform at your best. When you combine the rather surreal total comp with the flexibility to ALSO do the non-work things that you love? That is a very appealing career.
That's assuming you join a good company, team, and project though.
If your team doesn't have enough people, you don't have the luxury of taking random days off. If your project is being used by millions of people per day, you're probably going to be phone called if anything goes wrong (these videos never seem to talk about being on-call). If your company micromanages you and have unrealistic deadlines, then you won't be able to take it easy.
I've only had that chill/easy WLB when a project I was working on wasn't live to users yet. When it became publicly available to users, then everything became busier, stressful, and more annoying.
@@liam1902 Absolutely, but I'll add on that you have to have a sense of agency about your life and career. If I was on such a team and it was impacting my life, and it looked like a long term thing? Time to switch teams or company for one that is more in line with my north star values. Not theoretical, been there and done that. ;)
@@bigslacker666 I agree but definitely difficult to find a team like that at a company. To some extent you'll probably get 1 or more of what I mentioned unless you're lucky.
I've worked at a few companies and majority of the time you're working on things that will be available to users. If that's the case and you're a senior, you are the one leading the team and the deployments to users.
@@liam1902 Sure, senior and principal that's the gig. But I've always been able to set or at least influence how support and on-call works as well as making sure your team can support things as well (or maybe better) than you. For large deployments you've got multiple tiers of helpdesk in front of it and if training and docs are proper and the service mature you're turning thousands of calls a month into maybe 10 or so tickets a week. And you're not on call but once ever 6-8 weeks on a normal sized team, at least for the companies I've worked for and I never thought it was too onerous, especially given the pay.
This is great!! I love that people are starting their own businesses and taking total control of their life!
the thing with software development is that its a very mentally challenging and exhausting job. compared to other types of job, its mostly deep work and little shallow work. new technology and methodology appear so quickly, staying up to date requires a lot of effort. each project could be entirely new and require a fresh development or learning something totally new
I've been learning code for the past couple years on the job. Even as a non IT person, it gave me a glimpse into how mentally challenging software development can be, given the nature of the work. It's so important to get uninterrupted time and flexibility if you're doing this kind of work
@ASRDGEEK i like it, but i hate when i have bad day, i didnt sleep well, and i need to sit there 8h without any results.
Seems like the perfect job for myself lol
you said it, its a shallow field, there is nothing transcendental that is why most people hate it
It's why I switched and became a TPM.
On the other hand, I've studied programming for 3 years now and feel confident with my skills but now it's saturated and it's impossible to land a job. So I think the salaries will decrease eventually.
I saw this happening before this even hit the Millennial Generation. I saw what my family did in the tech industry and knew if I followed suit then I would be in the same position. I went in a completely different direction and I don’t regret it.
What field do you work in instead?
@@katec9893 Trade (i.e. electrician, mechanics)
@@southernequestrian Good choice, having a trade is always a good idea.
Update: Those looking to get into the tech industry, I did a video on the topics of developer bootcamps: ruclips.net/video/0LpMc-4Der4/видео.html
I'm in this industry +10 years as a developer and this interview is shady at best. Every single one of these people left to build out their own branding and their own venture with the safety of the high paying salary and a fall back plan of being able to instantly get hired at another company if it didn't work out.
yup! Having experience at big tech company and gaining more experience on their own they honestly don't have much of a risk. Worst case scenario is their business fail and get another big tech job with 6 figures.
It seems like the people they interview are 'cream of the crop', where they are visionary enough and can identify a blind spot in the industry to monetize. That is also why the recruiters are always ready to lure them back to their old 6-figure jobs.
The competition for jobs in tech is also fierce - the average or non-performers don't always get chances like these people. Once the ordinary people leave, there are more people eagerly waiting to take their places.
wow. this makes a lot of sense. that is why I studied IT. as a fallback plan. I have no money and I need the job. I just finished college like may of 2020 and I am dying to find work. I kinda wish I was at their point in life. they just decide to quit and be their own bosses and they now don't worry about money lol.
@@_cipriano2282 It's not about the degree you have, it's about the proven skills you have. They don't care where you acquired them.
yes, this is what CNBC showed behind the scenes. They didn't just quit to do anything. People are taking titles literally. If they watched the video carefully, they would notice the path those millennials were taking.
Long story short - everything has a price. There is no free lunch!
shhh! don't let that smple truth out!
i had a free lunch at Google once
a friend got me in and i dont work there lol
i ate it and left
Yep definitely!
@@therearenoshortcuts9868 You won
Word to Isaiah Rashad
I was so happy to land a job in a start-up company after I had applied 130+ times for a frontend web development position. Didn't go to college but self-taught, and I'm disabled from a TBI Traumatic Brain Injury at age 9 from a car collision but fortunately my cognitive functions weren't affected, just can't walk and have limited movement and use one hand to type so I can't type really fast, but fortunately most of the code I write frequently can just be copied and pasted with adjustment code here and there.
Thing is, despite everything going on well, it seems like the other coworkers have overloaded me with some tasks that are not in my skillset like JS which I haven't really dived into much. There's a different department of four people that handles that, but during the lifting of the lockdown two quit. Now the two remaining who are kind of interns aren't really experienced yet and I was told by the boss to learn JS and to take them as my pupils. I told her it was too much as I also had to work on the frontend. The other frontend is also not experienced and the other one is more experienced than me but kind of lazy. And there would be no raise for the new role. She told me that I was letting my disability be the cop-out and I was lucky to be hired concerning my disability.
After three years of being there as working gave me purpose, I quit two months ago and called my Dad to pick me up as I can't drive. Found out two weeks later the company closed. I'm freelancing while applying.
Wow! and I'm here thinking if I should quit my underpay cleaning job, with zero perks, a lot of stress and sh**ty work. You guys have just giving me the courage to do it and start something on my own.
I mean "leave" sounds a bit ambiguous. It's not like they stopped being a software engineer. It's a pretty normal phenomenon in software engineering where your job kinda becomes stagnant because of the product or even the tech stack. It's completely normal for people to leave their 6 figure salary jobs and hop on to some startups instead where the work is more challenging.
As a tech worker, I can completely relate to this 😩trust the RUclips algorithm to show me exactly what I've been thinking about
This is only a relatively small section of tech workers. Most technical jobs pay 65-100K, especially if they aren't in CA. And without the benefits that the "new tech" companies provide.
The "old tech" ones are cheapskates who will work you just as hard - but don't want to share the benefits or pay.
Creepy how your devices spy on you. The World Economic Forum (the people behind the Great Reset, run by a set of billionaires such as Bill Gates and George Soros, who are literally after world domination) is pushing a cryptocurrency called Internet Computer (ICP) coin, which funds the Internet Computer Protocol (also ICP) which will replace the entire internet stack.
When that happens, all profiles on the internet get replaced with the Internet Identity profile. The hope is that everyone will use the universal login, which makes it easier to track you.
As a tech worker myself I would say we do because there are options, same can be said with anyone else who has easy to transfer skills and financial securities. Most of them are still in tech just more of a freelance lifestyle job instead of being employed. You can do that in other fields too its just in tech there are more obvious options. People been doing this all the time when they can
When I visited India just before the pandemic, a friend and I were driving through a hot, dusty shopping area. Suddenly we had to slow down as there were about 50 to 100 young people milling outside a small building.. and quite a few of them had spilled out onto the road. I asked my friend if it was some sort of party or discounted sale of some goods. And he replied, "Hardly. It looks like they are responding to an interview call for a job". And then, as if anticipating my next question, he said, "Probably just one". I looked at the crowd again from the comfort of that air-conditioned late model car. A few of them had their hand raised or were jumping and calling out something indistinguishable. Maybe one of them pushed another out of the way. But then the scene fell away as we speeded up and drove away. I remember thinking about my own life trajectory during the rest of that drive.. and felt incredibly lucky to have made it to.. and made it in.. the United States. And now I am watching this video.
I wish there were more report and light on some of the big sectors like construction and Hospitality ( Hotel .resto etc...) I worked in these fields and it's not only long hours without perk but the physical toll and burns out people that just keep pushing because there's no other opportunity they see for themselves
How did you finally get out and move on from them? Or do you still feel stuck?
In my honest opinion, physical tolls are easier to recover from than mental tolls. Not arguing that that is surely difficult and appreciate the difficulty experienced in construction and hospitality. But the kind of burnout that software engineers experience is a deep mental exhaustion. I'm in tech and sometimes I dream of becoming a farmer. It's just more... natural
Instead of quitting, just take the “unlimited vacations”.
If you take too much u get fired and sometimes u have to get manager approval so it's really not unlimited
So you're going to quit? No, I'm just not going to work anymore.
obviously sarcastic because you know unlimited vacations are the worst. they actually mean no vacations and even if you take a couple of days, guilty vacations.
Unlimited vacation is not unlimited paid vacation
I am on unlimited unpaid vacations.
To all you young people, college does not prepare you for the tech world. So get your degree, pinch and save, then as soon as you graduate, get your certs, Network, SQL, whatever. You will be par above the rest. Yes you will work 60 hours a week in the beginning but look at it as education and investment. Experience is most expensive of all education. After 3 years, LEAVE, go to a better place with a better balance, but you will still need to be spending 20 to 30 hours a month on your own keeping up with the field. It never stops changing.
Pay is good but sometimes it’s too competitive so you feel like it’s a rat race.