4 ms·
Aye - this seems like a genuine problem for employers pulling people back to the office. Rents are pushing 2-3k per bedroom to be within 45 minutes of an office
by lumost 3y ago
Aye - this seems like a genuine problem for employers pulling people back to the office. Rents are pushing 2-3k per bedroom to be within 45 minutes of an office. This puts folks at around a 150k minimum compensation to not feel rent burdened as a single person.
Many employees avoided the expense of moving during Covid. Unless employers want to pay these new found expenses… people won’t go back to the office. I’m sure there is a good chunk of staff who are insulated from this reality due to home ownership and seniority - but that won’t last long when people realize market rates for junior staff have risen to that of tenured staff.