bigbottom
Footballguy
Yeah this part always bugged me and is why I am all for having to come in a few days a week.This is also a perfect time for companies to dictate employees back to the office because the job market is absolutely terrible right now. They treat it like a silent layoff knowing some will quit because of it…and maybe that’s their goal to cut expenses/salaries. And if they do need to replace those positions there’s hundreds of highly qualified unemployed people waiting and ready to fill the role.
This WSJ article suggests that fully WFH workers were 35% more likely to be laid off by companies, which seems somewhat counterintuitive given that they consume less overhead, but I guess proximity bias is a thing.
Another issue to consider is that fully WFH arrangements broaden the labor pool for open positions, and gives companies the opportunity to reduce compensation by hiring employees in low cost of living areas. So if you’re an AP Clerk living in Los Angeles and working remotely, you might see your job go to someone in rural Arkansas (or India) for half the pay. Not trying to be a WFH opponent or anything but there are some unintended consequences (or perhaps intended from the company standpoint) if WFH becomes mainstreamed. These may be issues that won’t affect anyone in this thread, but they definitely could affect our kids who are early in their careers.
The flip is someone getting paid a NYC rate but living in Arkansas, which seems...unfair. There are definite benefits to going in office, but I think 1-2 days a week is a sweet spot.
Agreed. But getting paid an NYC rate and living in Arkansas only lasts if you are an outlier. Once WFH is mainstreamed and the opportunity to disperse the workforce to lower cost of living areas becomes normalized, you will see those NYC comp rates fall.
