From the article
At JPMorgan, productivity falls for younger employees at home
41–50 of 271 posts
Re: At JPMorgan, productivity falls for younger employees at home
#42Dimon 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
#43I’m inclined to believe he’s afraid of change and is abusing his power to push his feelings-based agenda. To me, this goes one of two ways. One, he loses a huge swath of young workers that apply to different companies instead and his company folds. Two, he still loses a huge swath of young workers who don’t apply but his feelings turn out to be true and the company comes out stronger. Either way, we won’t know until…
Re: At JPMorgan, productivity falls for younger employees at home
#44This may be an unpopular opinion, but I honestly can't wait to get back to the office (or any other workspace that isn't my home). I really hate working at home. I don't have enough space or privacy, it becomes far more difficult to partition work and play when they occur in the same spaces / I find myself distracted more easily, and there is no one to socialize with when I'm sitting by myself every day. Could I reme…
I've officially reached zero productivity today. I'm sick of being stuck in my tiny condo with the noise from neighbors and zero work/life balance. The constant streams of asks on Slack that wake me up in the morning and keep me up at night. I'm making more in the stock market than my job.
Re: At JPMorgan, productivity falls for younger employees at home
#45I'm not nearly as productive in my 1 bedroom apartment as I am at the office. I try to only go to my desk during work hours but it's where my dining area would be, so while cooking I like to browse the internet/watch Youtube on my ultrawide monitor. At the same time, it's a small apartment, so the dining area is part of my living room. This means I'm in the same room for pretty much the entirety of the day. I try to…
Re: At JPMorgan, productivity falls for younger employees at home
#46Earlier quoted context omitted.
I've officially reached zero productivity today. I'm sick of being stuck in my tiny condo with the noise from neighbors and zero work/life balance. The constant streams of asks on Slack that wake me up in the morning and keep me up at night. I'm making more in the stock market than my job.
Can you sign off from slack when you finish working for the day? That should be step one for getting a balance.
Re: At JPMorgan, productivity falls for younger employees at home
#47FWIW my honest assessment is that I'm more productive at home on average, but with much higher variance.
Re: At JPMorgan, productivity falls for younger employees at home
#48This may be an unpopular opinion, but I honestly can't wait to get back to the office (or any other workspace that isn't my home). I really hate working at home. I don't have enough space or privacy, it becomes far more difficult to partition work and play when they occur in the same spaces / I find myself distracted more easily, and there is no one to socialize with when I'm sitting by myself every day. Could I reme…
I've officially reached zero productivity today. I'm sick of being stuck in my tiny condo with the noise from neighbors and zero work/life balance. The constant streams of asks on Slack that wake me up in the morning and keep me up at night. I'm making more in the stock market than my job.
Re: At JPMorgan, productivity falls for younger employees at home
#49Landlords in NYC will feel happy about this.
Re: At JPMorgan, productivity falls for younger employees at home
#50A company that is deeply in bed with meetings and face-to-face cooperation will suffer in a remote-first environment. The article, as others have noted, talks a lot about feelings of the upper management rather than any hard data.
Reading a linked article further down [0] says that JPMC, and other banks, were ramping up the return to the office for months, and it's now when they are making it mandatory.
Also, several weeks ago large New York landlords [1] were urging Wall Street banks to bring their staff back into work. Might be a coincidence, but the timing certainly warrants a look.