Its all about the property income. They need people to fill the offices regardless of productivity. Even if you are not more productive, you are still lining someone else’s pockets.
I’m sure this is true for some businesses, but there are also tons of businesses that have no vested interest in commercial real estate. It doesn’t explain all of it.
Honestly I think a much better explanation is that on average, bosses like being in the office and they don’t understand why everyone isn’t like them. Top leadership tends to be extroverted and they got where they are by lots of networking. They don’t have enough appreciation that for a lot of other types of people and types of jobs, being in the office just makes things harder.
You also have items in the article noting that managers who saw drops in performance during the pandemic were the ones most likely to pull people into the office. So it seems like some managers saw issues with group performance and going back to the office was seen as a way to resolve the issue.
It’s not a singular issue. You both have valid points.
It’s also about local economies losing the market share they had pre 2020. Every business in between your house and your job loses revenue. And all of that encompasses local tax revenue.
In other words it’s completely changed the commuting economy in it’s entirety. From the top down and those who have vested interests want that back.
Absolutely, it’s a huge cultural shift. And it happened quick too, which humans aren’t really good at reacting to.
I think every reason you can imagine plays a role in it. But yeah the cultural norms are a huge part of it, we’ve been conditioned to view those things as success.
Yeah, she caught a ton of flak for it online, and then gave a total non-apology that basically boiled down to an officespeak version of “sorry you’re so sensitive”
i remember reading similar headlines about millenials… this bullshit is always targeted at young adults, and its always the same superficial “analysis”
A guy from my wife’s age group is a federal government advisor regarding future of work. He has never worked a day in a proper job at a company. Only academics and politics.
Definitely true. It's kind of like any physically intensive job that you can only keep up for so long before your body gets messed up to the point where you have to quit early. That "big money" isn't forever, it has to be saved up while it's earned for retirement later, which might be sooner rather than later due to physical disability.
Plus there's the lack of holidays, and in fact crazier work hours with fewer breaks and no days off during the holidays, because that's when there's the most shipping going on. Much harder than coding or other tech work in air conditioned rooms and breaks during holidays, etc.
I guess I'll interject with personal experience so take everything that follows as, my most humble opinion of things. I have zero expectation for anyone to agree.
Gen X myself, I am currently in a position that I am completely happy with now. That did not come without a massive fight. This is quite literally my 6th job in my field (system's programming) and now the second longest I've stayed with a company. Quoting from the story:
Without the promise of high returns for their loyalty, Gen Z has learned to follow the money
And this should be people's default until shown otherwise. I cannot count the number of times I've heard "it's just business" in the course of my various jobs. At the end of the day, your employer is looking at bottom line most times. One should not invest themselves into any relationship when the other is simply looking at the piratical ramifications of the relationship and not the broader nature of that relationship.
It's about the money and being able to pay for living expenses, which is reasonable. The dollar went a lot further when baby boomers were entering the workforce. It doesn't go as far now.
Yeah, while suffering when sufferable was okay when a taco was under a buck, dollar doesn't go anywhere today. The amount of time to have shits and giggles with an employer on actual compensation is about seven seconds today. When I first got into the field being underneath the region's average for X number of years wasn't unheard of. And for me, it was all cool because shit was cheap. Today, being under the region's average for a position needs to be measured in X minutes, not this year shit. Employer's that want to play games, Gen Z should not budge for a second on the matter.
When a raise and promotion don't hit swiftly, Gen Z is quick to jump ship
I'll say this. When I got to my current position, I knew right off that this was a good company. How? I can't really put a finger on the how, but having been in two jobs previous that were hyper toxic, I had a feeling. Now, I still didn't play games coming in though. I indicated exactly what I expected and that the job couldn't be "all hands on deck" 24/7, 365. That's just shitty management. I gave them six months to show me the money and if it didn't come through I had every intention to hit the door at the 121 day mark.
There was still friction, no meaningful relationship doesn't have those moments, but the things I was indicating was actually being taken serious, and compensation for kicking ass on my end was forthcoming. If your employer doesn't like talking money with employees, you're going to have a lot of friction and I'm not telling anyone what to do, but employer's feeling uncomfortable with the topic of money should be a red flag for you. If that's the straw that breaks the camel's back or just a stone in the wall for you, that's your call. But in my opinion, employers that get squishy about the word money shouldn't be employers. Not with how this world currently is. Maybe we can go back to the "ha ha ha" playing coy game when a significant percentage of a person's paycheck doesn't have to go for simply feeding themselves.
But Gen Zers "haven't lost the passion for what they want to do,"
And I have never thought they have. The Gen Z that I oversee are some of the best workers I've ever dealt with. But the world isn't allowing them to be slacking on ensuring that proper compensation is constant. Inflation is eating away any kind of raise I can give them as fast as I can give it to them. As far as I have seen, Gen Z is some of the best workers to date to come out of the woodwork and it's actually kind of shitty they cannot have the environment to flourish that I had at their age.
Again, from my personal experience, I think there's a lot of management that's still in the lax mood of how employment might have worked back in the day. When a few years under the line of compensation was just the name of the game. But the game has seriously changed and a lot of the folks my age and the boomers as well are still stuck in "the way things used to be™" and it's so bad right now, no one has time for that anymore.
As I've heard so often, it's just business. But I think employers have been so used to the giving that advice, they are completely at loss when receiving it. The Gen Z I've worked with, and it may be different for others, but the ones I've worked with and the ones I currently manage, they're some of the hardest workers who take everything they do as personal value and will be some of the best employees IF YOU ENCOURAGE THEM AND COMPENSATE THEM.
I too dislike that the world has become really centered around pay. But to quote some Tolken:
So do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us.
Treat your folks like people, and the rest mostly falls in place.
I feel like I get how you feel in your current job, because I’ve felt that way a few times before. But at all but one of those jobs, the environment slowly changed as the companies started to focus more on the bottom line than their employees. In my current job, I felt amazing, it honestly felt like the company cared about us and it showed, all the people I spoke to loved it there… Until we laid off 2k people last month… Now I just feel betrayed and angry.
Yeah that's with any position. Things change. More argument about loyalty being a transitory thing. My second job was like that. Was really good and then the company we third partied for was sued by a US State for fraud. When the contract wasn't renewed I thought we'd move on, but I was surprised by how many of our eggs had been placed in a single basket. The vast majority of the company I worked for relied on those contracts to supply jobs, so when that went away the company went from thirty software developers to one. 90% of the company I worked for's value evaporated within two months.
It was this that I also became aware of what the WARN Act was.
I think this generational divide is bullshit. Most people have always known that the system is rigged and keeping your head down and working hard doesn’t get most people anywhere.
There is a generational divide. Boomers and older GenXers often bought their homes years ago when they were far cheaper and have no mostly or entirely paid them off. If they need money, they can get a cheap HELOC. Their house is also a nest egg. That saves a lot.
They also likely actually got regular raises. Plenty of boomers make 6 figures and still struggle to open a PDF, while zoomers and millennials are doing most of their work for them for 1/3rd the pay.
Yeah, but there are a ton of boomers and gen x that never got a chance to buy a house. Stack on being a minority, or a woman, and your chances of owning a home back in the good old days were probably worse than now since banks and certain neighborhoods would tell you to get fucked. Things may have been easier for many in different generations, but not for everyone. I’m not discounting that gen z has things worse in a lot of ways, especially work and financial wise. I just don’t think fighting amongst generations is going to help. It’s class warfare.
Edit: By class warfare I mean basically everyone vs the ultra powerful/wealthy.
But that’s not their fault. It’s the fault of current bosses. Why blame it on a generation that was slightly less screwed than yours, just because they were slightly less screwed?
But not all people of that generation are those bosses. In fact very, very few ever were.
You have to realise that denouncing all the people of a group based on their race, appearance, gender, sexual preference or - yes - even age is morally problematic. Blaming all of them for something that very few of them had anything to do with just makes you look bad, not them.
I hate where the world is at but I think you’re wildly misguided about who’s to blame. Blame the super rich and the politicians who set economic policy - not your granny whose worst crime is loving you and baking you apple pies.
Uh, stuff was better but nowhere near as nice as you imagine for a poor kid growing up like i was. but they were better. Work sucked, but yeah life was easier. You’re missing the point though, lemme rant some.
How many rich old boomers do you personally know vs how many do you hear on tv?
The point of the tv (or in this case the article) using this angle is to point blame away from the culprits who caused this bad situation, the ultra-rich.
My boomboom parents, myself (xennial), and my extended family members have all watched their money get squeezed right out of their pockets their whole lives.
Maybe you assume we got to keep the money we made from way back when times were better?
Nope! All those wealth transfer graphs you’ve seen where the line goes up had to come from somewhere. That line means i watched it happen is all, watched it get taken from us. I’m poor like you.
Gramp’s life savings got eaten up by gram’s medical care. Dad lost his house. I will never get to own one. You probably know a lot of people in all different age groups that have a story like mine.
Meanwhile,
Warren Buffet is a boomer
Jeff bezos and Elon musk are Gen X.
Zuckerbergs a millennial.
Though they are in different generations They all have something in common.
Their wealth, and their absolute love of lobbying the government to get even wealthier at the expense of your and me.
Like Carlin said, "they want all of what you got, and they’re gonna get it too."
They are the ones to focus on. Maybe the past was great but we live in the present, and there’s no reason left to be jealous of boomers/xers. Our ages don’t separate us, our (lack of) wealth unites us.
Oh, I know way more better off boomers than well off millennials. Many with large suburban homes fully paid off. Homes I couldn’t afford if I made double.
I do not excuse the super rich. But I also know boomers are the ones that helped push Reagan into power for him to inflict trickle down on us.
I'm just surprised that there's a restaurant that offers it. I mean, some restaurants do, but they're not usually chains.
Actually, thinking about it, I'm sure he's been looking to cut the vacation days regardless and is just using the minimum wage hike as a convenient excuse.
It seems strange to us, but vacation time isn’t something required by law. In fact, there are no federal requirements for companies to cover paid sick leave, either (some states have them).
Those things mostly came about as a way for companies to attract and retain employees, and because of union negotiations.
I assume you’re talking about this being the case in the US, because in many other countries things like annual leave, sick leave etc. are absolutely mandated by legislation or national standards.
I mean I’m GenX, and I’ve been fired from three different jobs for reasons beyond my control.
The concept of working for one company for your whole career, getting promoted to a high paying position, retiring with a healthy pension simply no longer exists anymore. You can work hard and do everything right, even be in a division that’s making money and you still might lose your job simply because laying off employees looks good to the shareholders.
But it’s all the fault of the young people! You just need to work harder… on your LinkedIn profile because what you do for the company you’re at right now doesn’t matter, it’s what it looks like you do that matters more now.
The company I work for had record earnings recently and there were high spirits, long praising newsletter from the CEO. Praise for maintaining a very stable production and higher output with fewer people than competitors.
Until our closest competitors reported their earnings. Which were higher, not surprising as they are bigger than us. Then it was doom and gloom
All of a sudden we had to have substantial budget cuts, and couldn’t rehire to fill a position for someone who had left.
Crazy huh, earned a boatload of money, but someone else earned a bit more. So then we have to cut expenses and optimize.
They still had the audacity recently to try to push the company “spirit and mindset” to employees. Something something buzzwords…
They will still discard you as fast as yesteryears iPhone.
Yup it’s all the fault of Jack Welch. He worked at GE and company culture at the time was to be proud of the number of employees they had. Some companies were proud that they never laid anyone off even during the great depression. They proudly took a loss rather than lay off anyone.
So Jack works his way up the ranks of GE which is how things worked back then. He got all the way to the top of this great company that was proud of his employees. And as soon as he was CEO he started laying everyone off. And the stock price of GE soared.
Ever since then that’s what every CEO tries to emulated. The stock market sees the CEO emulating Jack Welch and buy buy buy.
But it’s all short term thinking. Products get worse and worse, nobody give a shit about their job, work doesn’t get done. But just blame the employees and do another layoff.
Jack Welch fucked us all, but very few people even know his name.
“We care about you until you start underperforming during a global pandemic because of mental health. Then fuck you”
It’s easy to tell when a company actually is serious about caring about employees. Our executives took $0 bonuses last year so employees could have normal bonuses, and they bought everyone a free turkey for Thanksgiving. Our financials aren’t the best right now, but we still have a 401k match and all our benefits, and they’ve frozen hiring so they don’t have to do layoffs. Our CEO chats with us weekly and takes questions, and he tells us to not worry about the stock price. We do good work, and success will follow, he says.
Anecdotally, I had a serious health issue at the beginning of this year, and my boss told me to take off all the time I needed. I’m still on leave through the rest of the month, no questions asked. My previous company had people like that, but they weren’t supported by HR policies.
I’m still very wary however, because it doesn’t take long at all to get screwed over.
Universal healthcare would be great in the US. It’s always terrifying to quit or get fired/laid off, despite COBRA, because you’re one accident or diagnosis away from having your nest egg destroyed.
Previously being a good worker at a profitable company meant you were safe, but now that isn’t the case, and it is making me anxious every day.
People always said COBRA is too expensive but I had no clue how bad it could possibly be. Turns out, $1200 a month for the cheapest option for a married couple in my case. And I didn’t get that information in spite of repeated asking for months before I left, until I was nearly out the door.
This compared to the marketplace plans starting around $600, similarly decent plans to my work one in the realm of $800 and the APTC covering almost all of that cost if I’m not making too much money self-employed. COBRA is a joke.
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