Yep, it's awful they present that ultimatum, but many people are still better off even with unfair pay cuts. My university cut me loose, even after getting me to concede to lower pay and more work. They just don't get it. Yet another reason why we're in such a mess.
I get that the local coffee shops, restaurants and dry cleaners are hurt when office workers stay home. But can you clarify how does it help or hurt the corporations that leased the buildings to be filled with warm bodies or not? They have to make rent either way. Probably obvious, but I don’t get it.
It's the banks and billionaires who own the buildings that are hurt the worst, but if they fail it takes out large swaths of the economy with them. Some companies will just ditch their leases because they don't care, but many of them don't want banks to fail for a wide range of reasons. They don't want their stocks to tank in a market free fall, etc. Many of the CEOs, ex-CEOs, boards of directors, and major corporate investors also happen to own a lot of commercial real estate. They're all in bed with each other. Does that make sense?
The link to the French website for Bullshit jobs (?) Seems to go nowhere, FYI
I actually had this conversation a week or two ago - though it was more focused on what those companies would need to do to get people to give up anywhere between 2-3 hours of time people realized the were functionally sacrificing between preparation and getting to/from work not to mention the stress.
The solution we came up with - for those who do want to come back - is "Pay your employees more. A *lot* more, 40-50% more
Because it isn't just those 2-3 hours of preparation, travel and stress, its also the parking, the "we're going to go get lunch (and if you want to still be a team player, you'll join us)", it's the babysitters, childcare.
Super interesting read!
Never going back :) I’ll take pay cuts to stay remote if need be. Forget driving to Atlanta once a day! Those days are over for me. Good article.
Yep, it's awful they present that ultimatum, but many people are still better off even with unfair pay cuts. My university cut me loose, even after getting me to concede to lower pay and more work. They just don't get it. Yet another reason why we're in such a mess.
I get that the local coffee shops, restaurants and dry cleaners are hurt when office workers stay home. But can you clarify how does it help or hurt the corporations that leased the buildings to be filled with warm bodies or not? They have to make rent either way. Probably obvious, but I don’t get it.
It's the banks and billionaires who own the buildings that are hurt the worst, but if they fail it takes out large swaths of the economy with them. Some companies will just ditch their leases because they don't care, but many of them don't want banks to fail for a wide range of reasons. They don't want their stocks to tank in a market free fall, etc. Many of the CEOs, ex-CEOs, boards of directors, and major corporate investors also happen to own a lot of commercial real estate. They're all in bed with each other. Does that make sense?
The link to the French website for Bullshit jobs (?) Seems to go nowhere, FYI
I actually had this conversation a week or two ago - though it was more focused on what those companies would need to do to get people to give up anywhere between 2-3 hours of time people realized the were functionally sacrificing between preparation and getting to/from work not to mention the stress.
The solution we came up with - for those who do want to come back - is "Pay your employees more. A *lot* more, 40-50% more
Because it isn't just those 2-3 hours of preparation, travel and stress, its also the parking, the "we're going to go get lunch (and if you want to still be a team player, you'll join us)", it's the babysitters, childcare.
It's a lot of things that all add up.