Why Millennials Are Leaving Six-Figure Tech Jobs

  • Am Vor 2 Monate

    CNBC Make ItCNBC Make It

    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

Gabriel Soares Dias dos Anjos
Gabriel Soares Dias dos Anjos

Investiment Bankers: 🤷‍♂️

Vor 10 Stunden
Jeremy C
Jeremy C

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.

Vor Tag
Kola Cao
Kola Cao

People are not looking for perks

Vor 2 Tage
William Petersen
William Petersen

So they left there jobs because it to hard? Doesn't that mean that the company is succeeding

Vor 3 Tage
BASS BOOSTED
BASS BOOSTED

Coz they want their craft beer, hipster beard and avocado toast.

Vor 3 Tage
BASS BOOSTED
BASS BOOSTED

Coz they want 7 figure jobs

Vor 3 Tage
Nazrul Suani
Nazrul Suani

BS

Vor 3 Tage
DontBanMeBroDontBanMe!
DontBanMeBroDontBanMe!

As a software engineer, this piece hit home big time. They're 1,000% spot on!

Vor 4 Tage
Rk Mahapatra
Rk Mahapatra

Millennials will Extinct in 2022👾

Vor 4 Tage
UKindness4
UKindness4

As a customer fir Uber they were unvintactable in an emergency such as leaving my cell phone in their drivers car snd she would bring it back or send it right back thise fact their tech would not allow you to talk to a real person. Remember you phone app that gets them to come is now in their drivers car and you have no way hime. Tech at Uber sucks.

Vor 4 Tage
Israeliana NG
Israeliana NG

Morgan DeBaun is so underrated. She's epic and I love how she took the leap. All these featured people are so brave and I thank them for their honesty.

Vor 5 Tage
Tony M
Tony M

I’m seeing a lot of this

Vor 5 Tage
WE WILL DESTROY THE ALGORITHM
WE WILL DESTROY THE ALGORITHM

WE WILL DESTROY THE ALGORITHM.

Vor 5 Tage
Isreal Karrie
Isreal Karrie

The unable mirror contrastingly harm because replace habitually cry throughout a fanatical pickle. disagreeable, curious cello

Vor 8 Tage
M
M

If you don’t have property and/or kids, you’re not bringing all of that money home. That’s the crappy part

Vor 8 Tage
Maz
Maz

Talk about first world problems

Vor 9 Tage
girlinthegalaxy
girlinthegalaxy

Me trying to get into the tech industry CAN'T RELATE

Vor 9 Tage
Artista Primus
Artista Primus

The bottom line is they were expected to produce work to justify the pay and benefits. They don't want to actually work a lot. After all work gets in the way of spending all that money. Tech companies have been incredibly stupid, but they're reaching a breaking point. There's no way companies can stay competitive and put up with lazy massively over paid tech brats.

Vor 10 Tage
cognitiumone
cognitiumone

Why are racial dynamics being shoved into a video about jobs? Not interested in your whining.

Vor 10 Tage
Parahelion
Parahelion

My brother works for a game creation company doing 3d modeling for many triple A games and makes over 100k a year. Even he told me his job is boring because he has no creative freedom, he's like a robot given one job, to make 3d models.

Vor 10 Tage
Mya Lewis
Mya Lewis

I would love to see a feature of millennial leaving healthcare.

Vor 10 Tage
scot gbs
scot gbs

I am from Asia, working as a software engineer. I just resigned my job last month, i was burnout. Now I am staying at home reflecting about my life.

Vor 12 Tage
Jorge A
Jorge A

Remember guys you got one life , do what you love . Be yourself

Vor 13 Tage
Sayyar Awais
Sayyar Awais

More money but you are obligated beyond work hrs, corporate cultures, etc etc

Vor 13 Tage
Respiir
Respiir

Tech is a consistent struggle to producing better solutions to the same problems. And unless you want to create a new problem (thereby making peoples lives harder) in order to sell the solution, this is as close as you get.

Vor 13 Tage
Agustin Arcusa
Agustin Arcusa

SF privilege, move to a poor country for a year and you will neve live a 200k salary

Vor 13 Tage
Alihasan Ali
Alihasan Ali

I was going through pains while I contracted HSV2 and then I came across how Dr IGUDIA on YouTube used his medication to cure the sick and I decided to contact him and he actually cured me from my HSV2. You all can also contact him for help on any kind of disease on his YouTube channel

Vor 15 Tage
Danny Ron
Danny Ron

No good

Vor 15 Tage
rbaleksandar
rbaleksandar

This is such BS. What about the fact that it's basically impossible to take advantage of most of the perks companies offer you? What about the high turnover and burnout rate at tech companies? What about chronic back- and neckpain? What about the lack of any social life due to working unpaid overtime almost all the time? Most people leave such high paid jobs to get a normal, less stressful ones. Not everyone leaves to establish his/her own business. Whoever made this video is really out of touch with reality.

Vor 15 Tage
Dollar Bill
Dollar Bill

They leave because they can afford it. I doubt it is possible for the most of non-IT workers. Their reasons are all from the top tires of Maslow's pyramid, in other words, they leave because of the good life, not otherwise.

Vor 15 Tage
Anonymous
Anonymous

7>6

Vor 16 Tage
KIRAN ANDREWS
KIRAN ANDREWS

To CNBC, this is not the right caption for the video

Vor 16 Tage
KIRAN ANDREWS
KIRAN ANDREWS

Not everything in this video is true. Stop giving out false information to the public

Vor 16 Tage
Keynesian Economics
Keynesian Economics

Cool, we can't have a video without mentioning race. I'm sick and tired of the constant grandstanding. Her job was great but there were just too many whites. The poor thing having to see those white people. Yeah, that's not racist at all.

Vor 16 Tage
thierry1
thierry1

The title of this video should be why women leaving tech jobs.

Vor 17 Tage
Mohsan Abbas
Mohsan Abbas

I 100% agree with uber guy

Vor 17 Tage
That Guy
That Guy

155k in San Fran doesn't go very far.

Vor 17 Tage
steppenwolf
steppenwolf

They are leaving because, why would you want to keep working 12-16hrs a day if you got 2-5 mill in the bank, have no kids and are single?

Vor 18 Tage
Jim Barr Official
Jim Barr Official

I work in tech. Leave vacation on the table every year. Work is never-ending.

Vor 18 Tage
Isaac K
Isaac K

I rather have a high paying salary and be burn out ... then a low paying job and burnout. LOL

Vor 18 Tage
mfriedrich2012
mfriedrich2012

Stop with the perks. Just pay workers more and leave them be. Everything else is just a covert contract, which is an offer and agreement that we (employees) never made with you, but you think is not only iron clad, but that you should also be congratulated for, and employees current and prospective should appreciate. No. Same with “unlimited time off” That is meaningless, and so absurd that it has zero practical value. Then you insult employees to their faces like they don’t know what FTO really means to them versus the corporate bottom line. This all the more remarkable because the HR and senior leadership inventing these concepts have actually only succeeded in creating a new labor market environment where current employees and prospective employees are even more cynical than ever before because you have taken something simple and made it unnecessarily complex, and duplicitous. Instead give employees attractive pay and freedom to choose for themselves. Stop pretending to be Mommy like you know what’s best for them, or what they’ll really appreciate. They are adults, not kindergarteners. They can do that on their own without your help or insistence.

Vor 18 Tage
Fabrice Izzo
Fabrice Izzo

Most people nowadays would rather have multiple streams of income totaling $100K with growth potential than having one job that pays $150K. With a job, you are at the mercy of your employer and the economy.

Vor 18 Tage
kerri pendragon
kerri pendragon

The gen z and generation Alpha will care less about money. They will prefer stress free lives and hate 40hrs+ a week work.

Vor 18 Tage
WhiteArtsMagic
WhiteArtsMagic

I make base of $130k before other benefits like medical etc with a bonus of 30k also. So cash total paid to me of 160k... you wont see me leaving my job any time soon I dont get what these devs are expecting... when you finish one project, a new one comes. Thats called work

Vor 18 Tage
kerri pendragon
kerri pendragon

Same as being a cop or a pizza baker. As soon as you bake pizza, you need to bake more...daily...weekly.......its work! I Don't understand these software engineers complains. Work is work and goes on and on and on every week..every month.....you do...and do..and redo...and do more....etc

Vor 18 Tage
SumOfIt
SumOfIt

Here I am leaving my job working as a blue collar skilled tradesmen because my back and muscles are breaking down. Yet these millennials are leaving because their feelings are hurt. How times have changed.

Vor 18 Tage
SS
SS

Absolute garbage video with a wrong title. Most people keep their jobs of six figures.

Vor 18 Tage
Manny Echaluce
Manny Echaluce

easier to go Unemployment, get money without working, only idiots work for a living in Biden's America

Vor 18 Tage
Manny Echaluce
Manny Echaluce

six figures are so 70's, that was big amount back then, in 2000s you need to make 12 figures to be considered as highly paid. Inflation MoFo ! Your 100 bucks in the 80s is has the value of 2 dollars by 2021

Vor 18 Tage
Moi Sharma
Moi Sharma

I didn't understand what's the objective of this video and what's the conclusion? I worked in the tech industry too, and I believe if you don't like what you do, then find the job that makes you happy. For instance - I love K8s and I can work on it all day with no issue because I don't feel stressed or getting bored. For me- it's like playing my favorite game every day. Find what's makes you happy, and then find how to earn from it.

Vor 19 Tage
Carlos Fernandez
Carlos Fernandez

> Youtube showing this video in my recommendation list Are you trying to say something?

Vor 19 Tage
Harit Bharadwaj
Harit Bharadwaj

Doing something same. Wish me luck.

Vor 19 Tage
Norbert Murányi
Norbert Murányi

The unbalanced life big money lot of extra hours it's all about their needs to get bigger and get exploited until you're completely done !

Vor 19 Tage
Levine Akampa
Levine Akampa

Burn out is the worst.

Vor 19 Tage
Matt Weisberg
Matt Weisberg

AWW! The responsibility eventually "got greater" as he became a part of his team... LOL

Vor 19 Tage
TIEN HUYNH
TIEN HUYNH

9:35 "not prioritizing salary sides, more of work life balance." yeah because you know you are making six figures at least whenever you go.

Vor 19 Tage
Stranger In the Alps
Stranger In the Alps

People don’t quit their jobs. They quit their managers and bosses.

Vor 19 Tage
Reggie Benson
Reggie Benson

Right - evil bosses are scum and always cause a high turnover.

Vor 14 Tage
noname here
noname here

Wait, is this LinkedIn? Commenting for better reachability just in case, kappa!

Vor 16 Tage
Life Of Swati
Life Of Swati

So true ✨

Vor 17 Tage
Sherwin Alka
Sherwin Alka

😊 don't be pushed. Know your rights

Vor 18 Tage
Levine Akampa
Levine Akampa

From a personal perspective, that's true.

Vor 19 Tage
TIEN HUYNH
TIEN HUYNH

Next: Why do thousands of graduate students want to get into six-figure tech jobs?

Vor 19 Tage
Fikash
Fikash

Of course tech employees have more burnout than physicians. Working in a physician's office has to be one of the lowest stress environments ever. Your assistants do all the work, your customers wait on your schedule, you see your patients for like 5 minutes and collect like $150 every 15 minutes.

Vor 19 Tage
jimmy c
jimmy c

Because there educated

Vor 19 Tage
Vergin
Vergin

Either click-bait or bad journalism. Average salary of tech jobs is grossly exaggerated.

Vor 19 Tage
steppenwolf
steppenwolf

You've never worked in Silicon Valley. You have no idea really. I do, and let me tell $150k is peanuts, mid-level engineers in most companies around here make 300 to 500k TC easily

Vor 18 Tage
Suz__
Suz__

You forgot the part where Tech companies are run like cults - they want your (employee's) body, mind and soul... - a former Tech worker

Vor 20 Tage
Shan Zhao
Shan Zhao

I don’t know of any physician not burnt out lol

Vor 20 Tage
Skoda130
Skoda130

You can;t be "just" en "entrepreneur" these days. You're either becoming a multi billionaire, or you're going bust.

Vor 20 Tage
Wojciech Kalka
Wojciech Kalka

Millennials burn out at reading a book .. :P ;)

Vor 20 Tage
Juli Beltrán
Juli Beltrán

Wow, this whole thing feels like The Circle book.

Vor 20 Tage
hari saran
hari saran

This is sooooo true, u finish one u get another. I always ask for more time even though I know I can complete it couple of hours

Vor 20 Tage
demont
demont

"It doesn't perfectly align with my life... or my chakras so that's why :)"

Vor 20 Tage
Ricesteamer
Ricesteamer

honestly I don't think it's due to burnout...it's due to not feeling fulfilled or finding meaning in the menial work/cog of a company you don't really care about besides the social status you get from their name. Or you enjoy their kool-aid there's no way (non startup) tech workers work harder than most other positions... - stroll in at 9/10am (sometimes later) - get free breakfast and coffee - check emails, if you're unlucky have a short meeting - (free) lunch time - after lunch coffee run/go out for a walk - finally get maybe a few hours of actual work time - take many breaks in between by chatting or playing ping pong - go home at a reasonable hour or stay for dinner and watch YouTube or go out for the evening it's not that it's too hard, it's that it's too comfortable

Vor 20 Tage
Albert hpal
Albert hpal

The solution is to become a contractor

Vor 20 Tage
Tariq Sherwani
Tariq Sherwani

Jobs arent suppose to be fun and games. Every job gets repetitive and even if you start your own company it does not change!

Vor 20 Tage
YourModded Controllers
YourModded Controllers

It's highly stressful, and the work seems endless.

Vor 20 Tage
Jason Dimmick
Jason Dimmick

Why compare their salary to school teachers? Why not compare their salary to CNBC producers?

Vor 20 Tage
green95gt
green95gt

Honestly only one of these people actually has a tech (comp sci) degree, Anna. The one dude was complaining about getting loaded with one project after the next. This is normal in science and engineering. Those that are not used to this from real college, not a coding camp, would understand this. If you need a break from a project, take time off on the weekends or schedule a vaca. This is frowned upon at your job, find a new place of work where it is not. I think Anna made a similar complaint, but she is still working cause she has significant bills to pay I presume. They almost made me fall off my couch when they said they could see themselves stuck at there jobs for 10+ years...?! WTF...?! My dad worked the same job for 35+ years, put a roof over our heads, food on the table, put my brother and I through good colleges, and didn't complain. There are many people out there, millennials and all, that don't complain. In my opinion the other two ladies were picked up by tech companies despite not having tech degrees because they were young females at the time from good universities. They are going to learn once they hit 30+ yrs old that they will stop being recruited. I've seen it happen too many times...!

Vor 20 Tage
louis foronda
louis foronda

thank you CNBC im learning something new making me feel free on this planet

Vor 21 Tag
The Landlord
The Landlord

The saddest part: 10 yrs from now, many of the developing nations and their younger generation would be ready to fill many of these jobs. Work from home, is a trojan horse, many techies would find themselves stuck/stuck in the future. Same throughout history, since globalization, outsourcing to cheaper employees would always be key. A better new piece would be to follow up on many who quitted only to end up rejoining the same hated employment because they realized it's as good as it gets.....(maybe 10% will succeed beyond their previous gig, but probability says 70% will end up same)

Vor 21 Tag
superfuresh
superfuresh

Automation will take care of alot of those software jobs

Vor 21 Tag
superfuresh
superfuresh

Loser millenials will be homeless

Vor 21 Tag
r mon
r mon

The ashamed cat contextually trot because pastry posteriorly groan between a astonishing distance. yellow, hallowed cart

Vor 21 Tag
Dylan L
Dylan L

why don't these people just switch teams?

Vor 22 Tage
Rob R
Rob R

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 =)

Vor 22 Tage
Johnny Depth
Johnny Depth

Oh No! ..... You are stressed out and you need a break. The massage chair was not soft enough! How dare you?!

Vor 22 Tage
Nuke Engineer
Nuke Engineer

Definition of Good Paying Job: You are paid to be miserable! ALL corporate jobs have politics, BS and long hours, and more money more stress. Want a cushy job, become a hair stylist or bartender.

Vor 22 Tage
DJ Garciapara
DJ Garciapara

I wish I had a 6 figure job to leave tbh

Vor 22 Tage
Sandro Pereira
Sandro Pereira

BS..

Vor 22 Tage
Jack King
Jack King

I left my 5 figure salary .

Vor 23 Tage
Azen Kwed
Azen Kwed

Garbage journalism at it's finest.

Vor 23 Tage
Reginald Bellas
Reginald Bellas

Who paid for this advertisement nobody wants to go to the office yet alone you work 10 hours days plus travel, I'm good CNBC stop making false news thanks

Vor 23 Tage
Lily Chen
Lily Chen

im a bedside nurse and wanted to leave due to staffing issues and burn out. Tech was something i thought about but perhaps all the work that comes with the high salaries and perks will lead to the same mental state I'm currently in... I'm not sure what I should do...

Vor 23 Tage
Chud Chadanstud
Chud Chadanstud

Thanks to the Internet and everyone thinking that they're Google, no techy is leaving their jobs. The interviews are now insanely difficult. Leetcode has done more harm than Good. Traditional jobs interviews are gone.

Vor 24 Tage
Robert Chitoiu
Robert Chitoiu

Lol, as a software engineer who has worked in the industry for 12 years, this "journalism" piece is a piece of hot steaming garbage.

Vor 24 Tage
Shree Krishnan
Shree Krishnan

Thanks for the video very interesting. But I want to add few points here. I am an Indian and have worked outside India too and still. The liberty which outside India they have is at par. Its not about the industry I will say , its more on the mindset. Many of the projects gets outsourced to India , but the perks or the liberty of work is hardly any. Same goes in traditional organizations too. One can only imagine in India that while doing work they can enjoy life in some beautiful plays or follow their passion. Other then that quitting a job is next to impossible, its becomes a social obligations and you can never come out of your liabilities. My personal experience , I left corporate in 2017, followed my own work , enjoyed and returned back to corporate because of pandemic. But the catch point here is once you get back - you will not get the 6 figures which you use to earn. HR's will show it as " GAP " in career. So useless. Whereas in western countries it is counted on good notes. Well, many things to speak and write. The best to get in some zoom calls and people from across globe should join and share their views. Thanks.

Vor 24 Tage
salientfilm
salientfilm

'Why Some Millennials Are Leaving Six-Figure Tech Jobs' easy edit ;) Stay healthy. Stay safe. Stay Blessed.

Vor 24 Tage
The Annoying One
The Annoying One

Sounds like a real first world problem

Vor 24 Tage
aa bb
aa bb

Better than useless "trade skills" which will be ab olished through automation.

Vor 24 Tage
Chud Chadanstud
Chud Chadanstud

You have no idea what trade skills are. I'm an Automation Engineer and I can tell you Trade skill won't be going anywhere until we get human like AI. If that happens everyone is going to lose their jobs.

Vor 24 Tage
Jibril Abdulkadir
Jibril Abdulkadir

It’s a good industry but the stress of coding for 10 hrs is a lot burnout is real and people want autonomy that’s why they left

Vor 24 Tage
shalki parkash
shalki parkash

Why don't they hire more workers? Why put pressure on a few?

Vor 25 Tage
shalki parkash
shalki parkash

I am so jealous of Anna she is smart and beautiful.

Vor 25 Tage
shalki parkash
shalki parkash

Do it for ten years and move to Thailand you will be much happier.

Vor 25 Tage
Derk Dicerk
Derk Dicerk

Because they're fired

Vor 25 Tage
Teo Le
Teo Le

Company: We will pay you very well, in return we want you to work hard. Young people: oh I don’t like that.

Vor 25 Tage
Dufus Dork
Dufus Dork

You guys are just babies! You want everything in life! You''re not willing to make sacrifices! You're getting paid 6 figures and expect it to be an easy job working 30 - 40 hours per week. I can see right through your whines!

Vor 26 Tage

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