Meanwhile, back in reality, my company isn't upside down on commercial real estate & likes making more money so we are getting a smaller office to house our servers & equipment.
My company did the same. We had a six week assessment period where everyone was required to come in two days per week. Once that data showed no major difference in output, we got a smaller office (for receiving and such) and everyone was told the office is optional. Smart business that kept people happy.
Mine was a bit hesitant but they are now talking seriously about getting rid of more offices and they had done one pass on that before. I would sorta like them to have an office subscription
Find me a company deeply invested in office real estate (in particular, expecting a return on that real estate), and I’ll show you a company against remote work.
The real detriments don’t exist. True, I have met workers that don’t like remote work: companies have latched on to those people as an excuse to continue what is otherwise an entirely transparent narrative.
If anything I gain productivity by working from home. I see companies that don’t support that kind of work as entirely being behind the curve.
“We’re not going to make that decision because we’re pandering to employees”
Is there such a thing as “pandering to employees”? The employees are doing the real work to keep the company going, while Dimon’s work apparently includes appearing on news stations ridiculing said employees.
Hopefully the next headline we hear about J.P. Morgan will be a mass voluntary attrition.
This is the ONLY thing they listen to. If you want to work from home and your employer doesn’t let you, it’s time to quit.
I have nothing bad to say about people who prefer going in to the office. I respect your preference and I understand it is necessary for some positions. You are valuable, too, and there’s plenty of places that would love to have you.
There’s room in this work world for both types of jobs. It’s not an either-or choice.
Anyone who can WFH and wants to WFH should be allowed to do so, full stop.
I just want to interject that more people could probably be successful small business owners if they wanted to, instead of just getting another job. Small business also usually benefit humans more than corporations.
We need universal healthcare. That is the stopping point for many. People done see how they can guarantee healthcare if they start a business. I really think a huge part of the lobbying against universal healthcare is large businesses knowing it prevents competition.
It is expensive, and in a lean month for a new business, you might not afford it. Many, especially people with kids or chronic illness can’t take that risk.
Also, that doesn’t speak to hiring employees. Larger companies offering health insurance puts small businesses at a huge competitive disadvantage.
Go ahead and queue up the shocked Pikachu face when they do. Average is something like 30% of people being told to return to office will instead resign, across all industries.
Chase has been mailing me literally the same letter for the past 12 years. I think they send it once or twice a month. It is a cardboard paper with a huge “500” on it, begging me to open an account with. Mind you, it goes directly in the trash. They waste so much paper.
That's OK, I didn't have any desire to work for that asshole anyway...
Most folks are exponentially more productive when they don't have to waste hours of their day (stressfully) driving/public transit from A to B just to do their job.
I am way more productive when I'm not also being constantly interrupted by the people around me all day long. When I sit down to work at home I will go hours without even looking up from my screen. When my attention is interrupted in the office, which happens regularly, it takes me a good 5-7min to focus again. Repeat that same process a couple times an hour and not a lot gets done.
I can’t believe how much time I waste in the office. It’s unbelievable. I will say that certain meetings in the office are better. However, maybe a day or so for those but for the most part. It’s such a waste.
Ill give you a hint: JPMC owns one of the largest buildings in the United States, second only to the Pentagon. Their Columbus location is a multi-mile long, 6 story, repurposed Mall. And thats just one of 8 Non-Branch locations they use in Columbus.
Know what’s a good idea? Taking the two most important freeways in the city and having their on and off ramps overlap, and it’s for only 200 feet total. Won’t cause any traffic
It’s mostly due to the sheer amount of people who work in the building. The building holds over 10k employees. Problem is, everyone wants to park near their office space so they dont have to walk a mile or two to get to the other side of the building. So it gets cluttered very quickly around key lots.
Also, there’s no parking garages. It was a flat lot until a few yesra ago. Now its a flat lot with a second story.
Shopping malls tend to have choke points where the rapidly flowing road traffic transitions to more random car park traffic. Not a problem if a few thousand people are coming and going as they please throughout the day but thousands of people arriving together at 9:00 and leaving together at 17:00… they’re just not designed for that sort of thing.
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”
The reality is that Jaime Dimon is out of touch. On last year’s employee conference call, he was asked about return to office and how WFH has opened up significant flexibility for employees personal lives, specifically, children’s doctors appointments. He responded that your nanny should be taking the kids to your kids doctor’s appointments so you can work at the office.
I don’t mind visiting the office once in awhile, say 2 or 3 times a month. But to mandate it to every day is asinine. I’m never going back to wasting 3 hours a day sitting in a train/stuck in traffic.
Does it? You are still working the same hours, it’s just that you are spending some of those hours driving. I suppose if you like driving more than your actual job? On the other hand, it makes your labor more expensive, and thus you are less competitive if other people happen to work closer. Why pay someone 8 hours of pay for 4 hours of work when you can pay someone 8 hours of pay for 8 hours of work, either because they live next door or they work remotely?
