5 ms·

In the short-term this may be the case, but the party that we've had due to massive QE is close to ending. We're in an employee's market now, and my guess is th

by rocgf 5y ago

In the short-term this may be the case, but the party that we've had due to massive QE is close to ending. We're in an employee's market now, and my guess is that it will turn into an employer's market quite quickly.

barrenko 5y ago
Not sure, I really think we are in the first inning of wfh & further transitions.
- rocgf 5y ago
  The only reason you can refuse working from the office is the fac that you can simply walk out the door and find another job somewhere else. If this very fragile fact changes, the workers will do whatever the employeers want. Maybe employers will also prefer WFH, but my predicition is that many of them will not.
  - jbluepolarbear 5y ago
    When’s this changing? I get 30 inquiries a week for more remote work, there’s 0 chance this changes anytime soon.
    - d13 5y ago
      And that’s been my reality for the past 10 years.
  - jupp0r 5y ago
    The only reason you can find another job somewhere else easily is because there are so many remote positions open. There is a balance somewhere and it doesn't look like it's going to favor local employers without remote flexibility.
  - nickysielicki 5y ago
    There will certainly be some people that would prefer to take a WFH job taking an in-person job because 'any offer is an offer', but unless you foresee 10% real unemployement among white-collar skilled labor, I don't see this being a major factor in the long-term longevity of fully-remote as a business model. There will be jobs available, some will be WFH, some will be in-person. The WFH jobs will be able to get away with paying 10% less and the companies, especially small companies, will save money on office space. Those advantages and disadvantages will play out regardless of the quality of the labor market.
  - Mountain_Skies 5y ago
    I can refuse because over the five years I've worked remote, my employer has shed most of its office space across the nation. If they want us back in the office, they're going to have to add that expense back to their balance sheet. For companies that like to use their office space as a show piece, that expense isn't a problem but for companies like the one I work for who operating on tight margins, things like offices are a luxury the bottom line can do without.
jupp0r 5y ago
I'm assuming you think this will happen due to less demand for labor. Wouldn't that be yet another incentive for people to look for remote work over local work when the local pool of opportunities is shrinking? I don't see this changing the remote vs local split, just the overall pie would be smaller.

by rocgf 5y ago

barrenko 5y ago

Not sure, I really think we are in the first inning of wfh & further transitions.

rocgf 5y ago
The only reason you can refuse working from the office is the fac that you can simply walk out the door and find another job somewhere else. If this very fragile fact changes, the workers will do whatever the employeers want. Maybe employers will also prefer WFH, but my predicition is that many of them will not.
- jbluepolarbear 5y ago
  When’s this changing? I get 30 inquiries a week for more remote work, there’s 0 chance this changes anytime soon.
  - d13 5y ago
    And that’s been my reality for the past 10 years.
- jupp0r 5y ago
  The only reason you can find another job somewhere else easily is because there are so many remote positions open. There is a balance somewhere and it doesn't look like it's going to favor local employers without remote flexibility.
- nickysielicki 5y ago
  There will certainly be some people that would prefer to take a WFH job taking an in-person job because 'any offer is an offer', but unless you foresee 10% real unemployement among white-collar skilled labor, I don't see this being a major factor in the long-term longevity of fully-remote as a business model. There will be jobs available, some will be WFH, some will be in-person. The WFH jobs will be able to get away with paying 10% less and the companies, especially small companies, will save money on office space. Those advantages and disadvantages will play out regardless of the quality of the labor market.
- Mountain_Skies 5y ago
  I can refuse because over the five years I've worked remote, my employer has shed most of its office space across the nation. If they want us back in the office, they're going to have to add that expense back to their balance sheet. For companies that like to use their office space as a show piece, that expense isn't a problem but for companies like the one I work for who operating on tight margins, things like offices are a luxury the bottom line can do without.

jupp0r 5y ago

I'm assuming you think this will happen due to less demand for labor. Wouldn't that be yet another incentive for people to look for remote work over local work when the local pool of opportunities is shrinking? I don't see this changing the remote vs local split, just the overall pie would be smaller.