You can call me cynical, but Yahoo ( anyone still remembers that?) tried work from home, and failed. It simply didn't work out so well so the then-CEO Marissa Mayer had to ban it [outright](https://www.theguardian.com/technology/2013/feb/25/yahoo-chi...)
Twitter Will Allow Employees to Work at Home Forever
681–690 of 1001 posts
Re: Twitter Will Allow Employees to Work at Home Forever
#682Earlier quoted context omitted.
I think you are overestimating the size of the eligible labor supply increase. Just for Google, for 2017-2019 the number of H1B workers sponsored was 22k. For the same period the increase in number of full time employees was 40k (couldn’t find the figure for US only but fair to assume majority is US-based). So more than half of the new employers are supplied internationally. Does the geo-unlocked US supply pose a sub…
H1B and GC sponsorships come from the same pool. In other words, a Green Card application is sponsored for H1 candidates. You are double counting your numbers. I do agree that this expectation that one sitting in Ohio will command the same salary working for a FAANG company is just wrong. Very likely, the companies will adjust their salaries based on where the person is.
Actually that's not strictly true. Green cards can be sponsored for non-H1B workers (eg E3, L1).
Re: Twitter Will Allow Employees to Work at Home Forever
#683I work at a large tech company on a young team (average age is late twenties). In my experience many don't view working from home regularly as a benefit. I understand that must change drastically when you're middle aged, have a family to live around and a spacious house in the suburbs. But most younger people want to live in the middle of the city (i.e. small, often shared apartments but a short commute) and have no…
that will quickly change once you have kids/family. also, you'll see things quite differently when faced with the COL of CA.
Re: Twitter Will Allow Employees to Work at Home Forever
#684Earlier quoted context omitted.
I couldn't agree more. If I could work from home permanently I would move far far away from where I am currently living. I would get myself a nice condo or small house, and settle in. Currently, where I live, despite the fact that I make almost 30k/year more than the medium average income I still can only just afford a one bedroom apartment spending the suggested 30% of my income. Imagine being able to buy a house!!!…
What's the guarantee that say your San Francisco/NYC employer will keep paying you city rates when you are living in a small town in mid-west. At some point they will catch up and start saving money this way. Everyone at a tech company is not a crucial employee. Don't get me wrong, I am all in for getting paid SF rates while living in a cheap Texas suburb.
I'd be fine with that. Even 30% reduction in pay would still be much better in an affordable city like Chicago or Houston.
Re: Twitter Will Allow Employees to Work at Home Forever
#685Earlier quoted context omitted.
I disagree that this is a likely outcome. For many people, this is a worst of both worlds - still requires all the costs of living within commuting distance of your employer (particularly for SFBA and NYC) and likely shrinks the average size/perks of the office you commute to. Partial remote doesn't seem to solve any problem in a way that is any better than the status quo.
The average American spends 4.3 hours per week commuting. If you go into the office every day, that gives you a 26.1 minute commute radius. If you go into the office twice a week, now your commute radius extends out to an hour. Take a map around the office where you work. Look at the kinds of home prices you can find an hour out. See how much closer you can be to nature or other particular amenities that matter to yo…
1 hour doesn't get you that far in terms of home prices in SF/NYC
Re: Twitter Will Allow Employees to Work at Home Forever
#686You can call me cynical, but Yahoo ( anyone still remembers that?) tried work from home, and failed. It simply didn't work out so well so the then-CEO Marissa Mayer had to ban it [outright]( https://www.theguardian.com/technology/2013/feb/25/yahoo-chi... )
That was a number of years ago. There's been a lot more investment in tools and practices for a WFH situation since then
Re: Twitter Will Allow Employees to Work at Home Forever
#687I think this is the hugest news yet. It suddenly opens the pool of candidates to all across the country. I expect other tech giants will follow suit. Those who previously can't afford or don't want to live in big cities like NYC/Seattle/SF because they are older, have families, or various other reasons now are included in the candidate pool. This can go two ways: either the local software business will have to compet…
The FAANGs are not likely to pay HCOL compensation to LCOL employees.
The employee's local cost-of-living will factor into the comp.
Re: Twitter Will Allow Employees to Work at Home Forever
#688Earlier quoted context omitted.
> This can go two ways: either the local software business will have to compete with FAANG salaries, or there will be jumps from senior developers, experienced developers, and many smarter/more capable developers from smaller software business to FAANG due to salary/perks attraction. I think if it's widespread it would be a little of both with some extra effects to consider. Not only will FAANG organizations get a wi…
Personally I would not move away from west coast. Mediterranean weather is gift from god. Plus it's so close to many good ski resorts. Being able to enjoy outdoors throughout the year and being able to go out to ski every week is priceless.
I mean you could also you know live in the Mediterranean...
Re: Twitter Will Allow Employees to Work at Home Forever
#689Earlier quoted context omitted.
A potential compromise I am hoping for would be an increased willingness of companies to open satellite or smaller offices in secondary or tertiary real estate markets.
That would be great and healthy for the whole country if things were more spread out.
The pressure to use energy less and thus drive less may be another factor for this. No more megapoles.. more distribution (git cities)
Re: Twitter Will Allow Employees to Work at Home Forever
#690I think this is the hugest news yet. It suddenly opens the pool of candidates to all across the country. I expect other tech giants will follow suit. Those who previously can't afford or don't want to live in big cities like NYC/Seattle/SF because they are older, have families, or various other reasons now are included in the candidate pool. This can go two ways: either the local software business will have to compet…
You are wrong that FAANG companies will pay the same salary as you make in SF if you are in a low cost state like Indiana. I have a friend at one of those companies and they were running a survey to gauge employee's keenness for permanent wfh - and they were very clear that employee's salary will be adjusted based on which city they are based in. So, while this is still healthy, since FAANG pays pretty well, but don'…
They didn't say that though, so the whole "you're wrong" is unwarranted.
They said local companies will have to compete with FANG salaries. To your point these would likely be cost of living adjusted, but would almost certainly be higher than the current average in most Midwestern cities.