cross-posted from: https://lemmy.zip/post/1125686
Archived version: https://archive.ph/vL1mC
Archived version: https://web.archive.org/web/20230806071111/https://www.businessinsider.com/employees-work-from-home-benefits-as-good-as-raise-2023-8
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People don’t like offices and are more productive when they’re happy. Who knew?
I did. I always knew.
I can’t go back to working in an office full time anymore. It would be a really difficult adjustment especially losing the time to commuting and needing to deal with child care. Plus we found that we no longer needed a second car anymore since we were both at home so we sold one. Our life is built around not having to commute anymore.
I’m right there with you. It’s just incompatible with how I want to live my life and the cost savings and time savings are unbelievable.
Commuting is also a nightmare. Thats 1-2 hours a day of slog to get to an arbitrary location to do a job that I could do at home. Combine this with school drop offs and pick ups and the ability to do life admin during the week instead of cramming it all on a Saturday with everyone else like pre COVID and WFH is a winner.
On the sustainability front:
WFH means people aren’t commuting. This is good, as we use less energy, particularly gas in our cars. On the down side, public transit agencies may have to dramatically cut service, increasing people’s reliance on cars to get around. At an extreme level, they may go bankrupt due to lack of ridership.
Energy - home energy use has increased home residential energy use by between 7% and 23%. Lower income residents who do not have air conditioning can also suffer disproportionately. Higher income workers can readily afford expensive home upgrades, like adding a home office. Since empty commercial buildings still need to be heated and cooled, the energy savings aren’t as great.
Real Estate - the US will need to delete 18% of its commercial real estate. There is trillions of dollars worth of commercial real estate debt maturing in the next 3 years that will be worthless. I’ve actually seen vacancy rates approaching 30% in many downtown markets.
This will leave every major city with a giant hole in its central city and cause major economic disruption in both the real estate investment market, construction I distry and walkability of cities. We may be staring down the barrel of another “white flight to the suburbs” that we saw empty out cities from the 1950s through the late 1990s.
The upside to these empty buidings is they can - and should be - transitioned to housing. It’s just the rich companies who own the buildings don’t want to have to invest any money in that.
Gov’ts should force them to, but that won’t happen either. :/
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Yet other engineers have said it can be done by refitting the window-facing offices as sets of single/double units with the interior of the floor as communal kitchen/gathering spaces, and separate floors for larger family units and spaces.
It’s not that hard to figure out ways to do it but companies will have to be forced, either by threat of bankruptcy or gov’t rules.
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It’s not a perk. Don’t reinforce their framing
I have not read the article yet but the headline saying “equivalent to an 8% raise” does not just have to mean some kind of soft value. I have to drive 50 km each way to my office. I am much more likely to eat out while at work ( or to hit a drive-thru on the way home ). Given the price of gas where I live, going to the office probably costs me $50 a day more than staying home. That is $50 after tax so you can simplistically double that in terms of salary that it consumes. If I have two jobs to choose from, from a purely financial stand-point, my current job and a fully remote one that pays me $100 less per day are equivalent in terms of the value they bring to my family.
Crap. I have been a “want to be in the office some of the time” guy but making me actually type this out has made me question that. I think I need to start shopping my CV.
Holy smokes, working from home is not a “raise.” You should be compensated for the value you bring, not where you’re sitting when you bring value.
I spend $400 a month on gas because of my long commute. Work from home is definitely a raise in my situation. Gas bill goes down to $100 a month. Works out directly to a 5% raise just in gas alone. Car insurance can be switched to leisure only saving money further. Gain an extra two hours a day which were unpaid before, so my workday is now only 8 hours instead of 10, that is another equivalent to 25% on an hourly rate indirectly.
Then there is all the other benefits such as just being happier and more productive.
I could trade my WFH for a room with a view and a door. :) fuck openspace and flexdesks!
Honestly I wouldn’t. I can’t think of anything that would make me work in an office again. I can’t do it.
Maybe that’s the approach for hiring…remote employees are hired with the understanding that they will earn less than equivalent in-office employees. Commute time, transportation expenses, and any other incidentals make up the difference. It’s all made clear and transparent upfront.
If remaining remote limits an employee’s promotability for reasons of company need, this is also made clear.
Why should they earn less than somebody who is in-office? A remote employee costs less in physical resources like office space, heating and cooling, electricity and internet.
Ultimately it’s the end result that matters, not where it’s done.
Because remote employees don’t spend their own time and money on commuting to work. Those factors, along with saving on childcare, are the main drivers for desire to work remote, yes?
A company can reduce its office footprint to account for fewer in-person employees and save money. But that alone doesn’t address the factors above faced by employees who commute, so those workers should be compensated.
A remote worker’s worth is no less valuable than one who’s onsite. If you want something like this to work then the employer should pay a differential for those who have to be onsite to compensate for the time and money spent commuting.
So pay the WFF employee more than the WFH employee?
One way is baked in, the other is a topping, still damn near identical though
Instead of the stick of paying people less from working home, they’re getting a carrot for deciding to be there. That has a wildly more positive perception for workers IMO.
