79 Percent of CEOs Say Remote Work Will Be Dead in 3 Years or Less
inc.com
inc.com
If a mission critical kernel can be developed remotely with people from basement of the world Australia to Seattle then these shopping carts, comparison websites, classified portals, review aggregators etc etc. should perfectly be possible remotely and if not, that's totally on your incompetence to communicate and organise things properly.
Meanwhile, C-suite still managing from airports and golf courses and their vacation home. One wonders if it’s got more to do with class than effectiveness.
[1] sorry; stereotype for rhetorical effect
This. The term is class consciousness. I suspect most execs think they deserve it, too. You know, from working so hard.
There may even be a counter incentive, where if the real estate values go down, so does the rental rate which would save the company money.
Amazon, a company pushing for 5-day RTO, absolutely does own most of its CRE portfolio.
Some have stakes both in real estate and tech sphere so they certainly can pull the strings.
This RTO isn't about efficiency at all
Also, their answer is aspirational. They’re saying what they want to be true, to sway opinion. Whether they believe it has nothing to do with their answer, in most cases.
Basically if the job wasn't remote pre-pandemic, it likely won't be in the next few years either. Could say more about the corporate policy than the job function though.
There's too much value to the individual in remote work for it to go away and there's too much value to the team to have a space to meet periodically. Some people thrive in remote, some people thrive in-office. I've had moments of both - there's definitely benefit to getting up earlier, dressed, commuting, being around other people but it doesn't have to be every day.
The office space comment is often made derisively, and I think it's definitely true. Huge, expensive offices need to be justified at some point, and when long-term leases expire a lot of larger companies will opt for new options. I just don't know what that is. Less space? Shared spaces? Hard to say. Another reason for offices is for appearances and recruitment. A great, beautiful office can be inspiring sometimes, and it's really nice to have that option.
But ultimately I think the wastefulness of full-time RTO will hit these companies and their CEOs and we'll have a lot more hybrid with mostly WFH at least in our industry.
Just get me a decent home for fair price close to the office or the commuting and preparation for office will be deducted from working hours. Oh yes, decent desk and chairs, individual climate control, healthy and available food provided for fair price in a good variety to choose from. Flexibility to rearrange around essential personal matters. Otherwise fuck your office, sit in there alone dear CEO!
Close to which office - the company's that you are working for now or the company's you will work for in a couple years?
The math is simple. Clearly some engineers hate offices. Clearly some engineers are good. Clearly those sets intersect. As long as your competition openly states they offer WFH while your company is run by an idiot who openly says “offices or bust”, you have just denied yourself some of the best talent. Not a clever move. Boards, take note.
You need to have your employees in the office? Alright, pay for their commute and add a tax to finance public transportation systems for each employees at the office.
The taxes should pay not only for the transportation infrastructure but also for the childcare costs that are incurred by employees forced to be in the office.
Want me in your office? Give me an *office* with a door that shuts. And don't stop me from working from home if I need to sort out "life".
Stop being cheap.
"Come and work* for our multinational company and collaborate with smart colleagues around the world"
*must physically be in office to work with team 2000 miles and three timezones away over Zoom/Slack
https://c8.alamy.com/comp/HBKHYR/the-crowd-1928-HBKHYR.jpg
Sorry for the crappy watermarked image, best I saw. Movie’s pretty good if you can tolerate silent films.
The finance and MBA folks have been busy for years trying to kick everyone else (doctors, lawyers, professors) out of the upper-middle class. It’s bad enough programmers make enough money to fit in that group, they’re not gonna let us have the perks and autonomy that come with it if they can avoid it.
Startups will benefit from big companies getting rid of talent.
Will be interesting to see how the market evolves.
We could be looking at a shift in talent from larger organizations joining smaller projects.
Wondering what the pros/cons are if this happens. I could see this putting more strain on entry-level folks getting a foot in the door of remote companies. But I could also see this being a net positive outcome for innovation.
Note: The survey was of CEOs of large companies world-wide, not a general survey of all CEOs across corporate sizes in any specific country.
It also states that flexibility is important. So take that however you want. Based on what I'm seeing in the workplace today, I'm reading that as "the BoD is invested in real estate, so we're saying we'll RTO but employees will really just be hybrid."
RTO is something CEOs want anyway. Gotta justify that office space, can't or won't downsize to a smaller space. And currently harsh RTO mandates function as stealth layoffs. It's win-win!