At JPMorgan, productivity falls for younger employees at home
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Re: At JPMorgan, productivity falls for younger employees at home
#2Dimon kind of throws them under the bus, doesn't he:
"Work output by younger employees was particularly affected on Mondays and Fridays, according to findings discussed by Chief Executive Office Jamie Dimon in a private meeting with Keefe, Bruyette & Woods analysts. That, along with worries that remote work is no substitute for organic interaction, are part of why the biggest U.S. bank is urging more workers to return to offices over the coming weeks."
Of course, if one were cynical, you might suspect he wanted return to office anyway and young workers are a convenient and safe group to blame.
Re: At JPMorgan, productivity falls for younger employees at home
#3Dimon kind of throws them under the bus, doesn't he: "Work output by younger employees was particularly affected on Mondays and Fridays, according to findings discussed by Chief Executive Office Jamie Dimon in a private meeting with Keefe, Bruyette & Woods analysts. That, along with worries that remote work is no substitute for organic interaction, are part of why the biggest U.S. bank is urging more workers to retur…
What kind of work are these junior employees doing that is this highly measurable?
Re: At JPMorgan, productivity falls for younger employees at home
#4Dimon kind of throws them under the bus, doesn't he: "Work output by younger employees was particularly affected on Mondays and Fridays, according to findings discussed by Chief Executive Office Jamie Dimon in a private meeting with Keefe, Bruyette & Woods analysts. That, along with worries that remote work is no substitute for organic interaction, are part of why the biggest U.S. bank is urging more workers to retur…
Do you think he’s just lying about it?
When I was a younger worker I certainly did slack off on Friday and Monday when I could get away with it.
I’ve worked in more than one office where people started drinking on Friday afternoon in the office when the CEO was out of town.
Re: At JPMorgan, productivity falls for younger employees at home
#5Dimon kind of throws them under the bus, doesn't he: "Work output by younger employees was particularly affected on Mondays and Fridays, according to findings discussed by Chief Executive Office Jamie Dimon in a private meeting with Keefe, Bruyette & Woods analysts. That, along with worries that remote work is no substitute for organic interaction, are part of why the biggest U.S. bank is urging more workers to retur…
What kind of work are these junior employees doing that is this highly measurable?
JPMC is a huge institution so it's hard to answer. Certainly there are many roles in trading, working with clients, support, etc. that will have pretty quantified metrics associated with them.
Re: At JPMorgan, productivity falls for younger employees at home
#6Dimon kind of throws them under the bus, doesn't he: "Work output by younger employees was particularly affected on Mondays and Fridays, according to findings discussed by Chief Executive Office Jamie Dimon in a private meeting with Keefe, Bruyette & Woods analysts. That, along with worries that remote work is no substitute for organic interaction, are part of why the biggest U.S. bank is urging more workers to retur…
Do you think he’s just lying about it? When I was a younger worker I certainly did slack off on Friday and Monday when I could get away with it. I’ve worked in more than one office where people started drinking on Friday afternoon in the office when the CEO was out of town.
>Do you think he’s just lying about it?
Not really. But the general impression from the piece is that he has various less-quantified reasons for wanting more people back to the office and slacker younger workers does seem like a convenient excuse -- especially if there's some truth to it (which is entirely possible). FWIW, if I were in my twenties at this time, I'm not sure I would trust myself to keep plugging away.
Re: At JPMorgan, productivity falls for younger employees at home
#7Re: At JPMorgan, productivity falls for younger employees at home
#8Earlier quoted context omitted.
Do you think he’s just lying about it? When I was a younger worker I certainly did slack off on Friday and Monday when I could get away with it. I’ve worked in more than one office where people started drinking on Friday afternoon in the office when the CEO was out of town.
>Do you think he’s just lying about it? Not really. But the general impression from the piece is that he has various less-quantified reasons for wanting more people back to the office and slacker younger workers does seem like a convenient excuse -- especially if there's some truth to it (which is entirely possible). FWIW, if I were in my twenties at this time, I'm not sure I would trust myself to keep plugging away.
I’m in my 30s and I personally have a hard time being productive when the world is literally and metaphorically on fire and plague stricken. Being in an office would not change this.
Re: At JPMorgan, productivity falls for younger employees at home
#9Earlier quoted context omitted.
What kind of work are these junior employees doing that is this highly measurable?
JPMC is a huge institution so it's hard to answer. Certainly there are many roles in trading, working with clients, support, etc. that will have pretty quantified metrics associated with them.
How does anyone take quantified metrics seriously if trying to compare pre-covid market bubble data to in-covid recession/market bubble. The environments are completely different.
Re: At JPMorgan, productivity falls for younger employees at home
#10Dimon kind of throws them under the bus, doesn't he: "Work output by younger employees was particularly affected on Mondays and Fridays, according to findings discussed by Chief Executive Office Jamie Dimon in a private meeting with Keefe, Bruyette & Woods analysts. That, along with worries that remote work is no substitute for organic interaction, are part of why the biggest U.S. bank is urging more workers to retur…
Do you think he’s just lying about it? When I was a younger worker I certainly did slack off on Friday and Monday when I could get away with it. I’ve worked in more than one office where people started drinking on Friday afternoon in the office when the CEO was out of town.
You're right in that most office workers take Monday to get going and wind down on Friday, but Jamie Dimon is the guy that lied in Congressional testimony multiple times, so that's equally likely.