61–70 of 736 posts
Have laws caught up for this new way to work yet? Last ai checked there are non-insignificant legal and tax issues for small businesses to have employees in other states.
Earlier quoted context omitted.
The short answer is no, they haven't. Payroll for something like this is a huge pain in the ass if you're not at this kind of scale. You end up just hiring people as contractors, which has its own set of problems (namely the fact that you can't just do that because it's easier, they have to actually be contractors and not employees).
Or you literally just use a PEO and let them handle it for you. It's not that hard.
Earlier quoted context omitted.
Your logic doesn't really track. People move from HCOL to LCOL, so LCOL becomes more expensive. Yet the HCOL areas continue to go up too? Also why does public transit matter in a WFH/remote world? Seems to obviate it to a large degree, e.g. subway in NYC, which while used for many things, was majority used for commuting. It was losing large amounts of money even before the pandemic hit
People in hcol cities still need to move around. People from outside of the country move to hcol cities because of their reputation. Rich people live in hcol places because they can. My logic doesn’t really need to track with whatever you are talking about- look at the cost of housing in high cost of living places; has it gone down during the last two years of pandemic? Has literally -everyone- becoming a remote work…
Residential real estate prices skyrocketing has more to do with government interventions. I fully expect ex tech hubs such as the Bay Area to trend down in prices in real terms over many years
Foreclosure moratorium, eviction moratorium, stimulus checks that allowed new households to form (kids moving out) as well as preventing the normal level of foreclosures, Fed buying trillions in MBS pushing rates artificially low, massive amounts of cash out refis to use in ad hoc projects that sucked up labor and resources for new builds.
Yes migration from HCOL to LCOL will drive pricing up too, but to say HCOL will go higher because remote work is here does not track logically at all. Sure, leisure areas will go up in value, work areas should logically decline. e.g. Manhattan, Chicago, SF, Seattle
I definitely saw people calling that they are going to work from home, but saw very little work to be done that day. Which probably means that people used that as excuse, as they had some business to do outside work, and they did not want to take PTO.
I have very little believe that a majority of people can work from home, especially when travel. You are at new place, you going to work like 4-6 hours instead of 8-9 hours. So I do understand why airbnb is telling their employees to do so, but curious how long it is going to last, and curious how real it is going to be (considering that it could be up to management approval as well). But I doubt that other companies will follow that.
I was just recently in a situation where a host rejected the rental price after booking, and convinced the support team that i agreed to the adjusted price, which was then charged against my card. (To be fair there was some messaging back-and-forth between myself and the host prior to the booking that gave credence to this, but nothing official.) When i rejected the new price the host agreed to cancel, then again convinced airbnb to execute a guest cancellation, forfeiting all but $613 of a now $4400 booking.
It took me roughly a week with those funds tied up before i found someone in their support team (O.G. Lou G, i love you man) to actually listen to me and reverse everything.
This on the heels of renting a condo with hammer drills running upstairs 8 hours a day for the last three days of my trip and zero consideration or recompense from the host or airbnb.
(TV max volume from six feet away for relative comparison)
> You can move anywhere in the country you work in and your compensation won’t change. Starting in June, we’ll have single pay tiers by country for both salary and equity. If your pay was set using a lower location-based pay tier, you’ll receive an increase in June. I wonder how this will change things for companies like Figma, which allow full remote, but pay remote workers less.
The reverse is also true. At the beginning Airbnb employees will be making SF level salaries. As Airbnb continues to hire and churn employees, average salaries will come down since they won't be paying SF salaries for new positions. They might pay better than other companies, but won't keep SF as baseline.
Earlier quoted context omitted.
People in hcol cities still need to move around. People from outside of the country move to hcol cities because of their reputation. Rich people live in hcol places because they can. My logic doesn’t really need to track with whatever you are talking about- look at the cost of housing in high cost of living places; has it gone down during the last two years of pandemic? Has literally -everyone- becoming a remote work…
It just defies basic logic. The reason most central areas became so expensive was the need to cluster close to them for work. And in some areas, leisure, but that's the exception. Residential real estate prices skyrocketing has more to do with government interventions. I fully expect ex tech hubs such as the Bay Area to trend down in prices in real terms over many years Foreclosure moratorium, eviction moratorium, st…
Nebraska is not going to magically spring up natural beauty and culture.
When does the definition of talent extend beyond developers and system architects and product delivery? Airbnb’s support organization, particularly with respect to guest advocacy, is abhorrent. I was just recently in a situation where a host rejected the rental price after booking, and convinced the support team that i agreed to the adjusted price, which was then charged against my card. (To be fair there was some me…
So I ask the owner If i can leave, with the offer that I won't leave any type of review just so he won't be scared of that outcome. He rejects my offer and basically laughs at me for falling for his listing.
After all this airbnb then takes down my review because "I had tried to manipulate the owner by offering not to leave a review if he let me leave"
Now I understand why places like this have good reviews. It's unbelievably easy to get negative reviews taken down.
Earlier quoted context omitted.
And then another company will pop up and pay more. The thing is, we're used to the high pay now. Cut that and you're gonna cut efficiency. It's going to be hard to justify it. Create bad will with your money makers good luck getting anywhere realistically.
It happened before, in living memory, it's hardly impossible. It gets easy to justify by employers when enough people lost their job that every job opening is flooded with candidates. There are basically two schools of thought: the "software is eating the world" one says that requirements will continue to be more and more specialized, for every advance in tooling there will be advances in complexity we can tackle, an…
Software is one of the only professions in the US where non executives have managed to enjoy a sliver of the increase in compensation that executives do in most other sectors of the economy. The spectacular rise in productivity has generally been funneled to the top; except in specialized fields like software, which requires highly specialized skills to be effective.
The “crazy VC money” hypothesis is especially easy to prove wrong since the highest compensation is currently offered by Big Tech (public companies). While people that work on startups do luck out sometimes, there aren’t enough of those unicorns to move the market for most; thats almost exclusively being fueled by competition among Big Tech.