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Agreed. Plenty of similar companies are making the same type of mandate despite having no tax incentives. Quite clearly, execs at these companies believe they
by ninth_ant 2y ago
Agreed. Plenty of similar companies are making the same type of mandate despite having no tax incentives.
Quite clearly, execs at these companies believe they get stronger productivity from people working at the office, and this would outweigh any attrition from people leaving from RTO mandates. I don't care how many people scream about how that's false -- what matters is that the people making these decisions _do_ believe it.
Maybe the tax incentives are a nice bonus, but there's no way it's the entire picture.
- ok_dad 2y agoThe CEOs also have investments and buddies with investments in CRE, not to mention the companies themselves with the actual offices. Probably it’s more about the real estate than anything else.
- pertymcpert 2y agoThat won’t explain the prevalence of RTO. Most CEOs are not involved in CRE and being involved with renting out your office space to your own company is a conflict of interest. The simplest and most likely explanation is that they think it’s better.
- senderista 2y agoWhat about institutional investors in these companies who are involved with CRE? What if the CEO is just doing the bidding of the board in this case?
- pertymcpert 2y agoWhat if what if what if. Give some hard evidence. Until then the obvious answer is the right one.
- alexdunmow 2y agoI just don't buy this. It might be why the media is pushing an "end work from home" narrative but I don't believe the majority of execs are making the decision due to this reason. I think WFH just exposes that without the ability to physically harass and micro-manage people they don't provide much day to day value.
- ok_dad 2y agoIt’s probably a bit of everything we said here, plus cargo culting. WFH is probably more effective for some individuals and orgs and offices for others. I personally need it, because where I live has no real software dev jobs.