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Well, if I can 'pay' the employee a lot more just by letting live somewhere cheaper where he'll happy ( say, somewhere with a house, garden, and peace and quiet
by Agingcoder 6y ago
Well, if I can 'pay' the employee a lot more just by letting live somewhere cheaper where he'll happy ( say, somewhere with a house, garden, and peace and quiet, an unaffordable luxury to most in large European cities such as London/Paris ), then wfh and compensation suddenly become linked.
Furthermore, by allowing full WFH, you also expand your recruitment pool to people outside your immediate geographical area.
That being said, I miss the office quite badly : real, physical interactions, can't be replaced with video conferences.
- bottled_poe 6y agoSure, it’s all linked. I think a big factor overlooked here is the interest in hiring locally... I suspect the people paying wages are somewhat invested in the local economy - especially the property market. I wouldn’t expect a major shift before those investors have adjusted their portfolio accordingly ... I.e. no time soon. Just a suspicion, what would I know.
- tankenmate 6y agoAnyone wondering what GS is doing now with property ETFs? Obviously this is pure speculation, but... GS have form so... https://www.youtube.com/watch?v=F3goSYkVPNE&t=338 https://www.youtube.com/watch?v=F3goSYkVPNE&t=338