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At JPMorgan, productivity falls for younger employees at home

bloomberg.com

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Re: At JPMorgan, productivity falls for younger employees at home

#21

Post by ivalm »

dv_dt wrote: post #9
ghaff wrote: post #5

Earlier quoted context omitted.

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.

One can do differential comparison for day of week.

AggregateOverEmployeesByAgeGroup(AggregateDatesBeforeCovid(Prod(employee_i | day of week)/AggregateDatesAfterCovid(Prod(employee_i | day of week before covid)))

Then see if it is flat or if there is changes (such as it dips on monday/friday)

Re: At JPMorgan, productivity falls for younger employees at home

#22

Post by Swizec »

toomuchtodo wrote: post #8
ghaff wrote: post #6

Earlier quoted context omitted.

>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.

I’m in my early 30’s and honestly the world has been on fire since always. First the Balkan wars next door when I was a kid, then 9/11, then Afghanistan, then ISIS, then Trump, then Covid.

Fuck it, I can’t think about all that. Focus on what’s in your sphere of control and ignore the rest.

March pulled me back into a vicious news cycle after I learned to ignore the news 10+ years ago. It was terrible.

Now I’m back to mostly ignoring the news and life is better.

PS: this is the core teaching of stoicism, focus on what you can control and don’t worry about what you can’t

Re: At JPMorgan, productivity falls for younger employees at home

#23

Post by traskjd »

frompdx wrote: post #16

There is a lot of certainty in the quotes this article shares given the complete lack of hard data. > “The WFH lifestyle seems to have impacted younger employees, and overall productivity and ‘creative combustion’ has taken a hit,” What exactly is "creative combustion" and how can one measure it? > “Overall, Jamie thinks a shift back to the office will be good for the young employees and to foster creative ideas,” Kl…

Where’s all of this for your side of the argument? Thanks!

Re: At JPMorgan, productivity falls for younger employees at home

#25

Post by fma »

pydry wrote: post #15

Younger employees probably have less space. Apartment/house shares, etc. I've known some who are working on their bed. This isn't healthy nor is it likely to be conducive to productivity.

As opposed to older employees...who have a spouse, who may also WFH, and and kids...who are doing remote learning?

Re: At JPMorgan, productivity falls for younger employees at home

#26

Post by nwienert »

ivalm wrote: post #21
dv_dt wrote: post #9

Earlier quoted context omitted.

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.

One can do differential comparison for day of week. AggregateOverEmployeesByAgeGroup(AggregateDatesBeforeCovid(Prod(employee_i | day of week)/AggregateDatesAfterCovid(Prod(employee_i | day of week before covid))) Then see if it is flat or if there is changes (such as it dips on monday/friday)

Yea, but the Prod function still entirely determines if it’s comparable.

Re: At JPMorgan, productivity falls for younger employees at home

#27

Post by [deleted] »

fma wrote: post #25
pydry wrote: post #15

Younger employees probably have less space. Apartment/house shares, etc. I've known some who are working on their bed. This isn't healthy nor is it likely to be conducive to productivity.

As opposed to older employees...who have a spouse, who may also WFH, and and kids...who are doing remote learning?

[deleted]

Re: At JPMorgan, productivity falls for younger employees at home

#28

Post by PudgePacket »

fma wrote: post #25
pydry wrote: post #15

Younger employees probably have less space. Apartment/house shares, etc. I've known some who are working on their bed. This isn't healthy nor is it likely to be conducive to productivity.

As opposed to older employees...who have a spouse, who may also WFH, and and kids...who are doing remote learning?

Distractions are orthogonal to space.

It's generally not productive to play "who has it worse".

Re: At JPMorgan, productivity falls for younger employees at home

#29

Post by OminousWeapons »

This 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 remedy all of these problems with extra effort? Sure, but it's far easier for me to simply go to the office.

Re: At JPMorgan, productivity falls for younger employees at home

#30

Post by spike021 »

I'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 avoid going into my bedroom outside of night time sleep hours so that I can at least keep that space as more of a nighttime only relaxing one.

I desperately need a completely separate space. I was already planning to move to a new, nicer apartment this year, and because of COVID WFH I'm considering getting a 2br and taking the hit on the additional cost just so that I can have an entirely separate office space.

But regardless, while I don't mind WFH once or twice a week, I really prefer a separate office a majority of the time. I need and value the separation.

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