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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes, I know about FB and twitter, but Apple, Google, Microsoft - none of them have plans for FT remote permanently, and they employ a lot of people.[/quote] "Microsoft Will Let Employees Work From Home Permanently" https://www.forbes.com/sites/carlypage/2020/10/09/microsoft-will-let-employees-work-from-home-permanently/ If you work in tech you will understand how this works - in order to remain competitive for talent, every tech employer will need to offer work from home positions. The demand for talent is too intense to lose any % of the talent pool to competitors.[/quote] “Microsoft said it will allow employees to work from home freely for less than 50% of their working week, but has said that managers will be able to approve permanent remote work if staff request it.” Yes we will all have days where we work at home doing admin work or answering some email or what not. But there will still be plenty of days in the office when meetings and real work happen. You are a crackerjack lone wolf developer, who never mentors less experience employees or interfaces with other systems sure you can burrow in at home. But most software is collaborative development, and GitHub and Slack are great once a design is in place but getting there requires innovation zoom can’t support. [/quote] I work with the HR/workforce management team at a FANG type tech company. We've completed multiple internal focus groups and employee surveys over the past 3 months. Employees are split into about equal 3rds: those who want permanent work from home, those who want to come in 4-5 days/month, and those who want to come into the office routinely. There are some correlations - software developers want permanent wfh at a higher rate (over 50%), for example. Younger people tend to want permanent work from home at higher rates also but many intend to travel more (nomads) so we've termed it "work from anywhere". We had to dig into the details for this because for certain international employees, longer stays in certain countries can create tax implications. We also don't want to keep a 3,000 desk office if we'll only have 1,000 people on site daily. We can downsize that and save a bundle. (Cafeteria and related services alone saves almost $1m/month when you drop from 3k to 1k employees served.) The whole Fortune 500 world is setting up infrastructure to handle this now. Keep an eye on office space renewals to watch the downsizing. Software developers call the shots in the tech world. They are the scarce resource that we have to cater to. Any one of our software developers can set a flag on LinkedIn that they are "open to new opportunities" and our competitors will automatically have interviews scheduled with them in less than a week. There was never any thought of telling people they had to come back to an office or be fired. It wouldn't work and I think any exec who suggested it would be at risk themselves. There are some exceptions of course, usually top secret projects where everybody is not only on site but in their own secure building. But these people are a small minority and are insanely well compensated. It will take years for all this to shake out but the foundation is absolutely being laid right now. It seems like a win win for everybody except commercial real estate owners and others who benefit from traffic/previously long commute times (can't say I am sorry for their loss).[/quote]
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