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Reply to "Tech CEOs predicting WFH will be permanent, and many employees will never come to an office again"
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[quote=Anonymous][quote=Anonymous]“I would leave this area in a heartbeat if I were guaranteed permanent WFH. I'd much rather retire faster by saving more money also not have to deal with horrific traffic in this area.” Once this happens, the salaries would readjust to reflect the lower cost of living areas where many of the employees reside combined with potentially larger pool of potential applicants / employees who otherwise may not have applied for specific positions if they had to physically move.[/quote] Not only that, it would be even worse for employees since it’s costly and a PITA for a company to register and conduct business in another state—which they would need to do if employees are stationed there even if WFH. They would need to comply with employment laws, too. So, they would cut loose employees and rehire them as temps or contractors. That means say goodbye to your benefits! Trust me, corporations are already identifying ways to cut costs and the end result will benefit the employer, not the employee. [/quote]
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