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Surely it is those people who demand to work from an office who should be worried about commanding a premium, if the employer start including the cost of provid
by VBprogrammer 5y ago
Surely it is those people who demand to work from an office who should be worried about commanding a premium, if the employer start including the cost of providing an office, especially in a premium area.
- JumpCrisscross 5y ago> it is those people who demand to work from an office who should be worried about commanding a premium Before the pandemic, certain employers had to pay a premium for real estate and a premium for talent in prime locations. The former no longer looks justified. That doesn't really give employee or employer any leverage. The latter, which was built on scarcity of accessible talent and the concentration of high-paying jobs in prime locations, however, solely reduces employees' leverage. One of the barriers to this shift was the massive cost of installing remote-working infrastructure. Financially, technically and culturally. That's now done. How this shakes out, whether it results in lower prices for customers or better returns to shareholders or higher take-home pay for employees, remains to be seen.