Damaging results of mandated return to the office: it’s worse than we thought
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Re: Damaging results of mandated return to the office: it’s worse than we thought
#2Commercial real estate value is a bubble that's gonna pop soon.
There's just way more office space than anyone needs.
Re: Damaging results of mandated return to the office: it’s worse than we thought
#3Of 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.
Re: Damaging results of mandated return to the office: it’s worse than we thought
#4> The survey equates the displeasure of shifting from a flexible work model to a traditional one to that of experiencing a 2-3% pay cut.
I think they forgot a 0.
Re: Damaging results of mandated return to the office: it’s worse than we thought
#5> “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.
Re: Damaging results of mandated return to the office: it’s worse than we thought
#6[flagged]
Re: Damaging results of mandated return to the office: it’s worse than we thought
#7the 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 talks about protected minority employees, the role of job security in the minds of both management and job-seekers, and common carrot-and-stick negotiation parts from both sides.
The Internet combined with recent lockdown public policy has definitely changed the constant back-and-forth of corporate hiring and job roles. One thing not mentioned at all is the change in productivity of IT overall.. For example, in farm work is was easy to measure the effects of gasoline-powered machines to replace hand labor. The effects of modern computer systems against clerks and secretaries, not so straightforward. There is no question that the returns for certain individuals has rocketed compared to "ordinary workers" .. Will job negotiations ever be the same? insider tip - the answer is "no"
Re: Damaging results of mandated return to the office: it’s worse than we thought
#8> “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.
Some will go in, others will quit and then end up finding a different job that also requires them to go in, some will find a crappier job that lets them stay remote, and a few will win the lottery.
Re: Damaging results of mandated return to the office: it’s worse than we thought
#9It is unclear who wants RTO, at least within tech and other leaders whom I know within tech.
Re: Damaging results of mandated return to the office: it’s worse than we thought
#10> “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.
You are almost certainly right, but morale would drop and quite a few would jump.