Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm on the executive team for a fairly large Reston tech company. We are officially not renewing our lease (we have grown substantially) and are moving to a hotel type modified office a bit further our near the Loudoun border. That office will be mainly conference rooms. We have 259 people in this area and will have seats for 50. None permanent. We too have seen productivity skyrocket. People are very happy at home and it is working despite many having kids underfoot.
That’s b/c everyone is working extra hard b/c they have nothing else to do and fear for losing their job.
+1 once this crisis is over, wfh isn't going to be as popular as people think. It takes a lot of real discipline to wfh. I have done so now for the past six years.
I disagree. I have worked from home for years and have always been super productive. You also realize there are whole companies that are 100% remote, like GitLab? Yes, there are lazy people out there but they’re lazy at the office too. In commercial companies, those folks are let go or kept around for lay-off time.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm on the executive team for a fairly large Reston tech company. We are officially not renewing our lease (we have grown substantially) and are moving to a hotel type modified office a bit further our near the Loudoun border. That office will be mainly conference rooms. We have 259 people in this area and will have seats for 50. None permanent. We too have seen productivity skyrocket. People are very happy at home and it is working despite many having kids underfoot.
That’s b/c everyone is working extra hard b/c they have nothing else to do and fear for losing their job.
+1 once this crisis is over, wfh isn't going to be as popular as people think. It takes a lot of real discipline to wfh. I have done so now for the past six years.
Anonymous wrote:Who cares. They could cut salaries by 25-30% and you'd still get way more ahead if you didn't have to work in much more expensive area like SF or DC. Facebook is now offering permanent WFH with a paycut. Even with the paycut, you'd probably get far, far more for your money than trying to live in Menlo Park. Go look up the home prices in SV. It's stupid, even if you make $300k per year. You can live on $80k in many other parts of the country. The days of super concentration of jobs are over. People are fed up with the lack of housing supplies that cause astronomical costs for living. Decentralize, reduce traffic everywhere, reduce pollution, and make housing much more affordable.
Anonymous wrote:Who cares. They could cut salaries by 25-30% and you'd still get way more ahead if you didn't have to work in much more expensive area like SF or DC. Facebook is now offering permanent WFH with a paycut. Even with the paycut, you'd probably get far, far more for your money than trying to live in Menlo Park. Go look up the home prices in SV. It's stupid, even if you make $300k per year. You can live on $80k in many other parts of the country. The days of super concentration of jobs are over. People are fed up with the lack of housing supplies that cause astronomical costs for living. Decentralize, reduce traffic everywhere, reduce pollution, and make housing much more affordable.
Anonymous wrote:Anonymous wrote:SURPRISE!
https://www.cnbc.com/2020/05/21/zuckerberg-50percent-of-facebook-employees-could-be-working-remotely.html
Zuckerberg says employees moving out of Silicon Valley may face pay cuts
Would you rather make $350k in SF or $270k in Austin or Nashville? That's the type of cut he means, i.e. way in the employee's favor in terms of COLA and quality of life.
Anonymous wrote:SURPRISE!
https://www.cnbc.com/2020/05/21/zuckerberg-50percent-of-facebook-employees-could-be-working-remotely.html
Zuckerberg says employees moving out of Silicon Valley may face pay cuts
Anonymous wrote:Anonymous wrote:“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.
Yeah. People are assuming there would be no market rate adjustment in salary based on location. If work from home becomes widespread it’s very likely that salary would be prorated based on location. There would likely be a base salary + cost-of-living adjustment with priority given to LCOL areas. The same Amazon job that pays 200K in DC would likely pay 100K in Boise. It’s very unlikely you’d be retiring early and saving tons of money. Businesses are great at capturing any surplus.
Anonymous wrote:Anonymous wrote:I'm on the executive team for a fairly large Reston tech company. We are officially not renewing our lease (we have grown substantially) and are moving to a hotel type modified office a bit further our near the Loudoun border. That office will be mainly conference rooms. We have 259 people in this area and will have seats for 50. None permanent. We too have seen productivity skyrocket. People are very happy at home and it is working despite many having kids underfoot.
That’s b/c everyone is working extra hard b/c they have nothing else to do and fear for losing their job.
Anonymous wrote:Anonymous wrote:I'm on the executive team for a fairly large Reston tech company. We are officially not renewing our lease (we have grown substantially) and are moving to a hotel type modified office a bit further our near the Loudoun border. That office will be mainly conference rooms. We have 259 people in this area and will have seats for 50. None permanent. We too have seen productivity skyrocket. People are very happy at home and it is working despite many having kids underfoot.
That’s b/c everyone is working extra hard b/c they have nothing else to do and fear for losing their job.
Anonymous wrote:Anonymous wrote:Decentralization will be great for the country if it happens. No more struggling in a few high cost overcrowded metros and greater freedom of choice.
Plus it will make a lot of red states purple.
Anonymous wrote:Anonymous wrote:Of course productivity is still good.. Comparing notes with my colleagues, we easily work an extra 3 hours a day now. Breaks have become a rarity too.
This. My steps have dropped to sub-1,000. This is an unhealthy reality for me. And I need to find time to make a change.
Anonymous wrote:A lot of smaller southern cities will be the biggest benefactors of WFH. Places like Savannah, Columbia, Greenville where having a salary above $65k in those cities is a cheat code for an easy life.
CA person here. I guarantee you that CA workers in big tech are not considering relocating to Savannah, Columbia or Greenville. There is a HUGE aversion to southern culture out on the west coast. The furthest south CA are willing to relocate are areas like Austin or Dallas, TX which has a younger/urban feel to it. Texas is more western than southern too.
No one out here thinks of South Carolina as a charming place to live. West coast residents also can not handle humidity. People on the east coast may see SC has historical and charming but on the west coast it is no different than Alabama.
Most Californians actually do not leave the state like people do on the east coast. If they leave the Bay Area many move further up toward Sacramento or into one of the coastal areas like Santa Cruz, Monterey, Santa Barbara. The ones that do relocate out tend to go to Oregon, Nevada , Arizona or maybe Colorado.