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I find it crazy how the big IT companies are still willing to pay almost a million a worker per office (most likely much more if you count running costs), any i
by b212 11y ago
I find it crazy how the big IT companies are still willing to pay almost a million a worker per office (most likely much more if you count running costs), any idea why Google is not hiring more people remotely? I mean, if that's a modern IT company that cares for employees it would be the case, I'd rather make $100k in different state or even country, than pay $5k for rent in the bay...
- roel_v 11y agoFirst, 250m for 3000 ppl is 100k/worker. Secondly, buying a building is (save some closing and renovation costs) a neutral operation on your balance sheet, especially if you're flush with cash. In other words, when you buy a building, it maintains its value.
- smitherfield 11y agoYes, and a company with as much cash as Google can finance at near-zero interest nowadays. (Not sure if they did, but they could).
- amelius 11y ago> when you buy a building, it maintains its value Historically, there have been lots of empty offices during economic crises.
- roel_v 11y agoStill doesn't make it a 'cost' of 100k / employee. And of course you depreciate etc. My point was that buying a building isn't a 'cost' in the way pencils are.
- cybette 11y agoWhile it's not a million a worker, I think providing and even promoting remote working can be beneficial overall. I work remotely and it saves money for both me and my company. There's also less stress associated with commuting. Remote work is not for everyone (nor possible for all job functions), but companies and employees should give it more consideration. https://remote.co/10-stats-about-remote-work/ https://remote.co/10-stats-about-remote-work/