Anonymous wrote:Anonymous wrote:The wildcard is rents are falling like a brick and landlords are making concessions. Subways, metros, airlines, Amtrak, car rental companies, office complexes, drycleaners, cleaning crew, lunch shops, cafeteria workers are all on verge of bankruptcy is WFH continues all of 2021.
We have to go back even if only every other week to help. My company won’t help too much in Spring 2021 going back but only on A and B team approach. I can only go to office every other week. And on that every other week only required if in person meetings.
It is a small bone to the coffee shop in lobby and cafeteria workers but at least something
Meh, I think the concern about cities falling apart are wildly overblown. Post pandemic, most people will still come in the office, it just might not be as often and will look different. Maybe some people come in 4 days a week instead of 5. Some come in 1,2, or 3 and some less often. There are still going to be corporate dinners in the city, and eventually big meetings and conferences will return to cities. Young people will like moving to cities too for stuff to do.
But otherwise, businesses will adapt. There might be more home delivery of dry cleaning, etc. Food trucks are migrating to the suburbs which has actually been very cool. People are innovative, and will adapt.
Anonymous wrote:The wildcard is rents are falling like a brick and landlords are making concessions. Subways, metros, airlines, Amtrak, car rental companies, office complexes, drycleaners, cleaning crew, lunch shops, cafeteria workers are all on verge of bankruptcy is WFH continues all of 2021.
We have to go back even if only every other week to help. My company won’t help too much in Spring 2021 going back but only on A and B team approach. I can only go to office every other week. And on that every other week only required if in person meetings.
It is a small bone to the coffee shop in lobby and cafeteria workers but at least something
Anonymous wrote:Our company owns our building. They just signed a long term lease with the federal gov't so I'm assuming we're not going back.
Anonymous wrote:From what I've been told so far, when the pandemic is over, my federal agency will revert back to pre-pandemic telework policies in accordance with the collective bargaining agreement. That could change, however, with the incoming administration.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:As a leader in talent acquisition, I can tell you that companies who want to revert to little to no telework are going to face a challenge with hiring and retention. Whether the job seeker telework demands sustain or bend will depend on the ratio of employers who continue to offer flexibility vs. those who do not.
This may be true for select industries and/or positions, but the need for talent acquisition only provides short-term leverage for job seekers, as collectively few companies are going to opt for liberal WFH policies. There will be some outliers who do go full WFH, but openings supplied by said companies will have a negligible effect on the overall candidate pool.
All the best companies seem to be fully on board the wfh bandwagon...Google, Microsoft, Facebook, etc...I think the cat is out of the bag on this one.
Our V50 law firm just moved a bunch of associates to permanent wfh (to facilitate moves to lcol areas) and cut their rates which seems like a win-win.
It won’t take long for your V50 to start signaling that full time WFH people in LCOL locations won’t make partner and then it will all start to fall apart. Mark my words.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:As a leader in talent acquisition, I can tell you that companies who want to revert to little to no telework are going to face a challenge with hiring and retention. Whether the job seeker telework demands sustain or bend will depend on the ratio of employers who continue to offer flexibility vs. those who do not.
This may be true for select industries and/or positions, but the need for talent acquisition only provides short-term leverage for job seekers, as collectively few companies are going to opt for liberal WFH policies. There will be some outliers who do go full WFH, but openings supplied by said companies will have a negligible effect on the overall candidate pool.
All the best companies seem to be fully on board the wfh bandwagon...Google, Microsoft, Facebook, etc...I think the cat is out of the bag on this one.
Our V50 law firm just moved a bunch of associates to permanent wfh (to facilitate moves to lcol areas) and cut their rates which seems like a win-win.
It won’t take long for your V50 to start signaling that full time WFH people in LCOL locations won’t make partner and then it will all start to fall apart. Mark my words.
Anonymous wrote:Anonymous wrote:Anonymous wrote:As a leader in talent acquisition, I can tell you that companies who want to revert to little to no telework are going to face a challenge with hiring and retention. Whether the job seeker telework demands sustain or bend will depend on the ratio of employers who continue to offer flexibility vs. those who do not.
This may be true for select industries and/or positions, but the need for talent acquisition only provides short-term leverage for job seekers, as collectively few companies are going to opt for liberal WFH policies. There will be some outliers who do go full WFH, but openings supplied by said companies will have a negligible effect on the overall candidate pool.
All the best companies seem to be fully on board the wfh bandwagon...Google, Microsoft, Facebook, etc...I think the cat is out of the bag on this one.
Our V50 law firm just moved a bunch of associates to permanent wfh (to facilitate moves to lcol areas) and cut their rates which seems like a win-win.
Anonymous wrote:Anonymous wrote:As a leader in talent acquisition, I can tell you that companies who want to revert to little to no telework are going to face a challenge with hiring and retention. Whether the job seeker telework demands sustain or bend will depend on the ratio of employers who continue to offer flexibility vs. those who do not.
This may be true for select industries and/or positions, but the need for talent acquisition only provides short-term leverage for job seekers, as collectively few companies are going to opt for liberal WFH policies. There will be some outliers who do go full WFH, but openings supplied by said companies will have a negligible effect on the overall candidate pool.