No, people leave companies too. Using my throwaway account because I don't want my name attached to this.
I went contract-to-hire at my current job. When it came time to come on full-time, the offer they made was far too low to accept. The owner of the company made a big deal out of the bonus and at the time I believed him. I held out for $5k more before accepting.
Fast forward a year later and I'm really looking forward to this bonus. It was 5% of my salary, basically an extra paycheck. I was expecting at least three times that because of what he said during the negotiation. I started looking that day and am interviewing with two companies.
I've since realized that I just don't want to work for consultants anymore. You're being farmed out and your labor is being arbitraged. This incentivizes them to dick you on comp. I know in his mind it's just business, but I don't want that in my life anymore.
So while the thesis of this article may hold for a certain segment of the labor market, it certainly doesn't hold for all of them. Some segments just suck. Conflicts of interest in these segments invariably pit line workers against management and no amount of manager cordialness or professionalism will prevent turnover.
Sure there are a few workplaces that have ironed out conflicts of interest and so can attract the cream of the crop, these places can build nice engineer caves and then personal relationships rather than endemic conflicts of interest become the dominant cultural factor that drives turnover. But these guys trying to tell the rest of the world's managers how to run a shop is just profoundly naive.
I went contract-to-hire at my current job. When it came time to come on full-time, the offer they made was far too low to accept. The owner of the company made a big deal out of the bonus and at the time I believed him. I held out for $5k more before accepting.
Fast forward a year later and I'm really looking forward to this bonus. It was 5% of my salary, basically an extra paycheck. I was expecting at least three times that because of what he said during the negotiation. I started looking that day and am interviewing with two companies.
I've since realized that I just don't want to work for consultants anymore. You're being farmed out and your labor is being arbitraged. This incentivizes them to dick you on comp. I know in his mind it's just business, but I don't want that in my life anymore.
So while the thesis of this article may hold for a certain segment of the labor market, it certainly doesn't hold for all of them. Some segments just suck. Conflicts of interest in these segments invariably pit line workers against management and no amount of manager cordialness or professionalism will prevent turnover.
Sure there are a few workplaces that have ironed out conflicts of interest and so can attract the cream of the crop, these places can build nice engineer caves and then personal relationships rather than endemic conflicts of interest become the dominant cultural factor that drives turnover. But these guys trying to tell the rest of the world's managers how to run a shop is just profoundly naive.