Live data from Hacker News

Damaging results of mandated return to the office: it’s worse than we thought

finance.yahoo.com

31–40 of 212 posts

Re: Damaging results of mandated return to the office: it’s worse than we thought

#31
"Unispace found that nearly half (42%) of companies with return-to-office mandates witnessed a higher level of employee attrition than they had anticipated"

No severance payouts. No bumps to your unemployment insurance payments. Everything is working to plan.

Re: Damaging results of mandated return to the office: it’s worse than we thought

#32
post #3

Of course it's too early to tell with lots of confounding variables, but labor productivity has been taking a steep dive[0]. So perhaps in the aggregate, WFH is resulting in less work being done. I say this as someone who's been full-time WFH for over a decade; I'm not taking a position one way or another. [0]: https://fred.stlouisfed.org/series/MPU4910063

Looking at the graph, it seems like productivity skyrocketed in 2020 (when everyone was WFH), returned to the 2019 baseline in 2021, and dived in 2022. To me this indicates that it's somehow hurting productivity for people to have returned to offices.

Re: Damaging results of mandated return to the office: it’s worse than we thought

#33

> “staggering 76% of employees stand ready to jump ship if their companies decide to pull the plug on flexible work schedules” People always say this, but I’d bet that the vast majority of those 76% would begrudgingly go in if it was demanded. Talk is cheap, as they say.

A different job that lets me remote, for the same pay, costs me much less… if they want me to come in, they can offer me to expense transportation and consider travel time as work.

Re: Damaging results of mandated return to the office: it’s worse than we thought

#34

It is unclear who wants RTO, at least within tech and other leaders whom I know within tech.

The people who have investments in commercial real estate want it. All those ginormous office buildings... would be obsolete.

Re: Damaging results of mandated return to the office: it’s worse than we thought

#35
post #3

Of course it's too early to tell with lots of confounding variables, but labor productivity has been taking a steep dive[0]. So perhaps in the aggregate, WFH is resulting in less work being done. I say this as someone who's been full-time WFH for over a decade; I'm not taking a position one way or another. [0]: https://fred.stlouisfed.org/series/MPU4910063

"Labor productivity" is a weird measure. If the worker gets better off, earning higher wages for the same effort, does his productivity go up or down?

It goes down because you now have to pay him more for the same amount of work. But it also goes up because marginal utility of his work has increased.

Re: Damaging results of mandated return to the office: it’s worse than we thought

#36

It is unclear who wants RTO, at least within tech and other leaders whom I know within tech.

Those who are entering the workforce, remote working is fun for greybeards and terrible for fresh grads, interns and apprentices.

Then, isn't the long duree view of technology about replacing apprenticeship learning (sit with the master welder, clean the shop, watch him work -- this doesn't cut in software)? Sometimes with explicit learning (linear algebra), sometimes just with low-friction entry points into professions.

Re: Damaging results of mandated return to the office: it’s worse than we thought

#37

the author of this article is a PhD who is advertising their services at the end -- it is partially a self-promotion piece. However it has quantitative survey data, and speaks to the regulatory and also practical concerns that real corporate management faces in managing a mid-size work force. Unlike other recent articles, there is little reference to the real-estate value of office property. Instead this article talk…

>> "the author of this article is a PhD who is advertising their services at the end"

That's an author bio. Completely ordinary for articles and has been since the print days.

Re: Damaging results of mandated return to the office: it’s worse than we thought

#38

It is unclear who wants RTO, at least within tech and other leaders whom I know within tech.

Those who are entering the workforce, remote working is fun for greybeards and terrible for fresh grads, interns and apprentices.

Fresh grads, interns, and apprentices typically uproot their lives to move to tech hubs, as do older populations. That is the terrible effect - getting dropped in a strange new location with minimal network. Of course letting "locals" work remotely would make that situation worse, agreed.

So completely do away with tech hubs. People can continue to grow organically, they are free to stay or move as makes sense to them individually.

As a society, we should be striving to continue decoupling work from our identity.

Re: Damaging results of mandated return to the office: it’s worse than we thought

#39

It is unclear who wants RTO, at least within tech and other leaders whom I know within tech.

Those who are entering the workforce, remote working is fun for greybeards and terrible for fresh grads, interns and apprentices.

Some like this, some like that. I know enough fresh grads who thrived working from home. And also enough who didn't.

Re: Damaging results of mandated return to the office: it’s worse than we thought

#40

Seems more nuanced than this discussion is making it out. We have had attrition and recruiting challenges with RTO, but also noticeable improvements in morale and productivity - especially when it comes to onboarding new folks.

> also noticeable improvements in morale and productivity - especially when it comes to onboarding new folks

I am sure you will need it with all the attrition. ;-)

Post reply on HN