In August, remote or hybrid job posts attracted more than one-half of all applications in 157 of the largest metro areas, according to LinkedIn data analyzed by Bloomberg. All the while, the number of hybrid or remote job posts has declined since 2022.
So companies that allow remote work will have the pick of the best applicants, while those without will be left with anyone who can’t get a remote job. This will make in-person companies less effective and productive, especially because studies are showing remote work is more productive.
But at least their commercial property values won’t go down. So that’s nice.
It also means that remote employers can pay less for better talent due to the intense competition. It’s somewhat of a win-win, as it results in cost savings for companies while allowing workers to choose if they prefer flexibility of remote work versus a higher paycheck. I imagine that the pay doesn’t make much of a difference in pocket money when considering commuting costs and higher CoL in areas closer to jobs.
That’s making a pretty big assumption that in-person jobs are going to pay better.
I mean, companies that forced back to office had massive exoduses. It makes sense that they have to pay more to find replacements. I personally went from fully remote to hybrid and nearly doubled my salary.
Any company who sees that by going fully remote they pay less for better workers and avoid paying for office space and doesn’t do it is going to see investor backlash.
I look for there to be a big push for remote work once some leases come up for renewal.
I tend to have a harder time focusing at home compared to at work. I doubt the productivity difference is the same way for everyone
Rent an office
Why would I do that instead of going to the office of my company? Besides, knowing me, my productivity wouldn’t be much better if any compared to at home
It’s cute they keep trying to convince people
I hate the conflation of hours in a seat being a measure of productivity. How about actually measuring work product and quality versus amount of hours spent producing that work product. It’s just like when coders were judged based on lines of code versus whether the code is high quality.
It’s just like when coders were judged based on lines of code versus whether the code is high quality.
As an example, Bill Atkinson once submitted a report with -2000 lines of code added.
I was hired on during Covid as a permanent remote employee, and now I’m being told I need to come in 3 days a week. My manager told us he would never require us to come it. His boss basically forced him out just before the announcement.
Is it in your contract that you’re remotely employed?
In the US most workers don’t have a contract and work is at will. So often they can change the terms of your employment and you’re free to leave at any time.
That’s crazy! My initial reaction was… But how do you know what your committing to, what your rights and responsibilities are etc… But after 2 seconds thinking about what I know about USA, it seems about right.
Ah thanks for the explanation.
I’m not on a contract. I’m a salaried employee.
Is this the US? Maybe it works differently for you guys. In the UK salaried employees still have contracts.
Edit: I just read the other comment that explains how it is different in the US
Yeah, weird isn’t it?
Wow, US really is different. Here, if you don’t have a contract, you don’t have a job. Don’t even show up for work before you have a signed contract.
Yeah. Like, we have contract workers here, but they are generally for temporary jobs. And contract workers are generally the first to go if there are financial troubles for the company.
