51–60 of 185 posts
One man's value is another man's cost.
Yeah, why isn't the headline Remote Work to Save $800B on Office Rent ?
I refuse to be miserable in an office just for someone else's building value.
Earlier quoted context omitted.
If a company wants someone to come back to the office, it isn't for their landlord's property value. If they have lots of free space they can sublease it out, it doesn't make any sense to force people in to an office just to burn money and miss out on revenue.
What if the leaders of the company, or company itself, is invested in similar properties?
Everyone keeps calling them offices, but I used to work in them and they felt a lot more like code factories to me. Good riddance.
Instead I was paid in the top whatever small percentile of workers and had, at best, a few feet in a couple of directions in a big open room where I spent a third of my life.
Which is just... stupid capitalism. Degrading conditions until they are just above intolerable.
"Remote work increases productivity by nearly a trillion dollars for businesses by reducing costly office space overhead costs" Should have been the title.
I refuse to be miserable in an office just for someone else's building value.
It seems employers have two concerns: cost and presenteeism.
The first is easily solved, downsize your office. The second, is an organisational problem.
Why commute for 90 minutes each way to sit in a office with headphones on trying to avoid other distracting people to get some work done and then spend hours in Zoom meetings with those that don't come in on the same day?
I believe it. It's also going to lead to much more developed suburbs IMO. When you don't have to travel into a city, it's a much less compelling argument to live in one. I think we're all going to find out that the inflated costs of living that are regularly discussed on here are more a result of people being forced to move to these cities than NIMBYism that's it has often been attributed too. Some people like the id…
Meanwhile, somebody born into rural property will never have to work in their entire life, unless they prefer to. They can rent out productive land, or sell it in small pieces to people who work. And this they can do for generations.
"Remote work risks wiping $800 billion" No guesses which angle this is coming from. "Attendance still is 30% lower than what it was before the pandemic and only 37% of people are back at the office every day." And yet the world has not stopped. In fact everything seems to be going faster than ever.
Indeed.
I know many people who used to religiously go to the office 5-days a week. The only time they were not in the office was when they were on holiday or they were sick. It's what they did for their entire working lives. And in some cases it's what "custom and practice" historically dictated in their industry, e.g. those working in the financial sector.
The pandemic forced their hand. And now my unscientific sample would suggest 80-90% of them now only go to the office for client meetings. Most weeks they don't go at all, or maybe they pop-in for a couple of hours on their way somewhere else. There is the occasional week where they do a full-day in the office for one or two days. But nobody I know is anywhere near the old 5-days a week regime.
Employers attempting to force (or, if we're being polite "strongly encourage") people to return 5-days a week are playing a loosing game.
The future is now and the future is hybrid or fully-remote for 99% of jobs. There are very few jobs out there that genuinely need you to be in a different building 5-days a week to do your job.