The Big Stay

In this episode of HR Heretics, Nolan and Kelli discuss an article from Business Insider about the ongoing white-collar recession, particularly affecting those earning over $100,000 a year.

They discuss significant changes in the tech job market, including the influence of AI, global competition, and the shift from managerial roles to more individual contributor positions. The episode concludes with insights into personal fulfillment versus financial stability in career choices.

Vanguard data reveals a hiring freeze for six-figure earners, impacting tech and finance. Is this the start of a white-collar recession?

HR Heretics is a podcast from Turpentine.

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KEEP UP WITH NOLAN + KELLI ON LINKEDINNolan: https://www.linkedin.com/in/nolan-church/Kelli: https://www.linkedin.com/in/kellidragovich

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TIMESTAMPS:

00:00 Introduction to the White Collar Recession

00:30 The Dichotomy of Employment Data

00:48 Challenges for High Earners

01:56 The Big Stay and Trapped in Place Economy

02:34 Industry-Specific Impacts

05:21 Global Competition and AI's Role

06:23 The Future of Tech Employment

08:34 Personal Reflections and Career Changes

08:43 Sponsor: Workvivo | Attio