Posted September 7, 20213 yr I can't link the article but it's a survey of 151 employers, private, government & non profit. 75% of private employers said they plan to continue to let employees work remotely into the future. Most felt a proper ratio allowing employees to work from home 1-2 days per week. That's around a 40% reduction in employees in the office. The survey results were lower for government and non profit employers but still significant. What's the long term impact here on the downtown office markets? Parking? Amenities? Restaurants? Hotels?
September 7, 20213 yr 14 minutes ago, gottaplan said: I can't link the article but it's a survey of 151 employers, private, government & non profit. 75% of private employers said they plan to continue to let employees work remotely into the future. Most felt a proper ratio allowing employees to work from home 1-2 days per week. That's around a 40% reduction in employees in the office. The survey results were lower for government and non profit employers but still significant. What's the long term impact here on the downtown office markets? Parking? Amenities? Restaurants? Hotels? Probably more housing downtown and in the neighborhoods so people can live work and play all within a block of their job. Still think people will move into the burbs when they have kids. Though wealthy people sending their kids to private school probably won't make that jump as often.
September 7, 20213 yr 4 minutes ago, KFM44107 said: Probably more housing downtown and in the neighborhoods so people can live work and play all within a block of their job. Still think people will move into the burbs when they have kids. Though wealthy people sending their kids to private school probably won't make that jump as often. We live in Lakewood but our son goes to a highly rated school in Cleveland tuition-free, though we have to pay for supplies. Low-income kids can get the supply fee waived and receive free breakfast and lunch. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
September 7, 20213 yr 3 hours ago, gottaplan said: What's the long term impact here on the downtown office markets? Parking? Amenities? Restaurants? Hotels? I think the hybrid model is great and allows most office workers to make the most efficient use of their time. It is going to be popular and companies that don't offer it in some form are going to miss out on the most talented, desirable workers. 60% office/40% remote is the ratio I most often hear about, as well. On the flip side, I think companies that go 100% remote will slowly suffer and wither into a cultureless enigma. From an urban environment setting, I think the hybrid model is going to be pretty tough to plan for. Some amenities like transit, parking, etc. will have to remain for peak demand, but it will be underutilized most of the time. Restaurants that catered to business lunch crowds will stay reduced in number. There may be some reduction in office space footprint, but that will be over the long term as leases expire. As someone who lives in a township but works in the city, the thing I'm looking forward to most is no local income tax. If I work from home 40% of the time, I can file for a municipal income tax refund for that time. My wife is remote full time and will recoup all of it. It's a decent amount of money to save.
September 8, 20213 yr Author Feels like we've heard this somewhere before. "Behind the posturing, a consensus is slowly emerging that white-collar desk-warriors should be allowed to stay at home more often post covid-19—and that many probably will. Office landlords, however, and those who bankroll them, continue to pretend that no storm is coming. With billions of dollars sunk in undesirable buildings, they face a reckoning." https://www.economist.com/leaders/2021/06/05/someone-has-to-foot-the-bill-for-empty-offices?utm_campaign=editorial-social&utm_medium=social-organic&utm_source=facebook&fbclid=IwAR0fu9JImO10sEcQiaz58HAzlXNF-pjluLwnlJdswksqPrvP1EZhwc0rEz4
September 8, 20213 yr 22 hours ago, Ram23 said: As someone who lives in a township but works in the city, the thing I'm looking forward to most is no local income tax. If I work from home 40% of the time, I can file for a municipal income tax refund for that time. My wife is remote full time and will recoup all of it. It's a decent amount of money to save. The fiscal impacts on municipalities could be significant. I fear their remedy is going to be to a reduction in services/quality and/or tax hikes which will only further incentivize and push people to live in unincorporated areas, especially when you factor in that proximity to employment will be less of a factor in real estate decisions for those working in some white collar sectors moving forward. Larger, diversified, and already highly-desirable municipalities will probably be able to whether storm but those that are on the brink and those that are already struggling financially are probably only going to see things get worse.
September 8, 20213 yr 1 hour ago, gottaplan said: Feels like we've heard this somewhere before. "Behind the posturing, a consensus is slowly emerging that white-collar desk-warriors should be allowed to stay at home more often post covid-19—and that many probably will. Office landlords, however, and those who bankroll them, continue to pretend that no storm is coming. With billions of dollars sunk in undesirable buildings, they face a reckoning." https://www.economist.com/leaders/2021/06/05/someone-has-to-foot-the-bill-for-empty-offices?utm_campaign=editorial-social&utm_medium=social-organic&utm_source=facebook&fbclid=IwAR0fu9JImO10sEcQiaz58HAzlXNF-pjluLwnlJdswksqPrvP1EZhwc0rEz4 I certainly would not want to be a bank, investor, or landlord with significant money tied up in non-medical suburban office parks right now. Dead malls and empty big box stores were already weighing down the commercial real estate sector. Downtown office buildings at least have their location to fall back on. Like any catastrophe it's going to be important for leaders and planners to accept reality and start recognizing that, as is the case with many catastrophes, there is an opportunity to rebuild and do better so long as one is willing to get think differently and get creative.
September 8, 20213 yr 7 minutes ago, scorpio said: The fiscal impacts on municipalities could be significant. I fear their remedy is going to be to a reduction in services/quality and/or tax hikes which will only further incentivize and push people to live in unincorporated areas, especially when you factor in that proximity to employment will be less of a factor in real estate decisions for those working in some white collar sectors moving forward. Larger, diversified, and already highly-desirable municipalities will probably be able to whether storm but those that are on the brink and those that are already struggling financially are probably only going to see things get worse. I'm not sure there will be that many remote workers to make a dent. Most of the remote worker incentives cities/states are trying out (like the Ascend program in West Virginia) have not been all that popular or successful. An example of a failure has been Berrien County, Michigan. I think part of the issue is that some of these programs require workers to purchase properties - but with the costs of land/residences being astronomical, that's not going to happen within a program's timeframe. Personally, I have worked remote since March 2020 and it's now a full-time gig. It fits well with my love of overlanding. But filing taxes has been challenging. I still pay income tax to New York as I still work there, but have to pay other taxes in Kentucky. I had to file a challenge on my taxes last year and won the appeal but it's partly because of a lack of a reciprocity agreement with other states.
September 8, 20213 yr Author 4 minutes ago, scorpio said: I certainly would not want to be a bank, investor, or landlord with significant money tied up in non-medical suburban office parks right now. Dead malls and empty big box stores were already weighing down the commercial real estate sector. Downtown office buildings at least have their location to fall back on. Like any catastrophe it's going to be important for leaders and planners to accept reality and start recognizing that, as is the case with many catastrophes, there is an opportunity to rebuild and do better so long as one is willing to get think differently and get creative. I actually think the suburban office markets are fairing better. Their makeup of surface lots, low/mid rise buildings makes it easier for workers to still come in, do some work, and get out. The downtown buildings are the ones that are empty. It's also the larger Fortune 500 corporations that have issued mandates not to come it or testing/vaccines required. Many of the local/regional firms that office in suburban locations are basically saying "we're open, come back in." On the flip side, the article notes that the larger corporate users have still paid rent through this all... where that may not be the case with the smaller regional employers
September 8, 20213 yr 2 minutes ago, seicer said: I'm not sure there will be that many remote workers to make a dent. Most of the remote worker incentives cities/states are trying out (like the Ascend program in West Virginia) have not been all that popular or successful. An example of a failure has been Berrien County, Michigan. I think part of the issue is that some of these programs require workers to purchase properties - but with the costs of land/residences being astronomical, that's not going to happen within a program's timeframe. Personally, I have worked remote since March 2020 and it's now a full-time gig. It fits well with my love of overlanding. But filing taxes has been challenging. I still pay income tax to New York as I still work there, but have to pay other taxes in Kentucky. I had to file a challenge on my taxes last year and won the appeal but it's partly because of a lack of a reciprocity agreement with other states. I think within Ohio, the municipal impacts may not be that huge because most people live in a municipality, not unincorporated areas (I am guessing, I actually couldn't find data on that stat easily). If you live in one municpality and work in another, you may not bother tracking remote days nor filing a return with both cities as you'd owe some or all of the return to another city. If you live in a township or a city with a low income tax rate, you'd be wise to track remote days and file accordingly. As for inter-state taxes, those are always tricky but will especially be so now. What I'm most curious about are some of the high paying, coastal tech jobs that are trending towards permanent remote work. If those folks choose to relocate to flyover country, and move into cities, it could be a net gain in state and local income tax dollars. But I imagine the high-tax coastal states won't let their tax base run off without a fight.
September 8, 20213 yr 31 minutes ago, gottaplan said: I actually think the suburban office markets are fairing better. Their makeup of surface lots, low/mid rise buildings makes it easier for workers to still come in, do some work, and get out. I've heard the exact opposite. The suburban office building I used to work in located in Middleburg Hts is only 15% leased out now. My company didn't renew our lease there last summer due to remote work and they haven't been able to fill the space since then. Suburban office parks/buildings are doomed.
September 8, 20213 yr 41 minutes ago, gottaplan said: I actually think the suburban office markets are fairing better. Their makeup of surface lots, low/mid rise buildings makes it easier for workers to still come in, do some work, and get out. The downtown buildings are the ones that are empty. It's also the larger Fortune 500 corporations that have issued mandates not to come it or testing/vaccines required. Many of the local/regional firms that office in suburban locations are basically saying "we're open, come back in." On the flip side, the article notes that the larger corporate users have still paid rent through this all... where that may not be the case with the smaller regional employers It will be interesting to see what the long-term shake-out of office space leasing will be. When current leases are nearing expiration and if the tenants have decided to make expanded or full-time telework permanent, there may very well be considerations given towards reducing the amount of space leased. This will hold true in both downtown and suburban office buildings. Edited September 8, 20213 yr by LifeLongClevelander
September 8, 20213 yr I think it will vary depending upon corporate / company culture. I know from my personal experience with Sherwin-Williams that their corporate culture is conservative. Everything from their dress requirements to time off screamed 1980s, and it wasn't surprising to hear about their (generally) lack of remote work opportunities. And they are building a new skyscraper to boot to house all of these employees - a building that may not have been needed if they had been more liberal with their remote policies. But in the institution I work at, our department's planned relocation to another building was cancelled because about half of our employees decided to permanently work from home. For the institution as the whole, about 35% of staff members are working from home permanently; another 40% opted for a hybrid setup - which means less permanent offices and more transient spaces. That's far less overhead for the institution to worry about - physical buildings are the costliest things that we have to maintain, especially as they age. Edited September 8, 20213 yr by seicer
September 9, 20213 yr Author 20 hours ago, Clefan98 said: I've heard the exact opposite. The suburban office building I used to work in located in Middleburg Hts is only 15% leased out now. My company didn't renew our lease there last summer due to remote work and they haven't been able to fill the space since then. Suburban office parks/buildings are doomed. I wouldn't base any big trends on what's happening in Middleburg Hts. Rockside Road is steady. Owners there are moving ahead with capital upgrades, rents and occupancy is steady. Same with 271 corridor
September 9, 20213 yr 1 minute ago, gottaplan said: I wouldn't base any big trends on what's happening in Middleburg Hts. Rockside Road is steady. Owners there are moving ahead with capital upgrades, rents and occupancy is steady. Same with 271 corridor Traffic on 271S at rush hour(s) is nowhere near what it was. I'm not sure if that's because of the reconstruction or the virus.
September 9, 20213 yr 10 minutes ago, gottaplan said: I wouldn't base any big trends on what's happening in Middleburg Hts. Rockside Road is steady. Owners there are moving ahead with capital upgrades, rents and occupancy is steady. Same with 271 corridor So your logic is remote work is only affecting downtown offices and the suburbs will be completely fine? We're supposed to believe that?
September 9, 20213 yr Here's some office and leasing stats as of 7/1/2021: Market Vacancy YTD Net Absorption YTD Leasing Activity Avg Rent CBD 7.2% -292k 156k $23.12 Chagrin/East & Lander 7.9% -308k 133k $23.92 Rockside & South 10.3% -114k 182k $22.41
September 9, 20213 yr I wouldn't bet that those declines (which are fairly small still) are because of remote workers. The economy also tanked during that timeframe and continues to underperform. Leases are typically signed for the long-term, so a one or two year blip won't lead to mass exoduses.
September 10, 20213 yr NomadList (https://nomadlist.com/) is a website that ranks cities for digital nomads, based on metrics like cost, safety, startup scene, climate, internet speed, etc. For example, Cincinnati's data is here: https://nomadlist.com/cincinnati Some Ohio cities do relatively well: City US Global Cincinnati 22 167 Cleveland 26 191 Toledo 39 256 Columbus 41 266 Youngstown 46 289 Dayton 80 374 Canton 150 576 ------------------- For comparison, a few other notable American cities: Atlanta 1 26 Chicago 2 54 Pittsburgh 7 83 San Francisco 8 84 Louisville 20 198
September 10, 20213 yr Author 23 hours ago, Clefan98 said: So your logic is remote work is only affecting downtown offices and the suburbs will be completely fine? We're supposed to believe that? my logic is that Middleburg Heights really isn't part of any sub market. It's an island. And thus not part of any trend.
September 10, 20213 yr On 9/8/2021 at 11:40 AM, scorpio said: The fiscal impacts on municipalities could be significant. I fear their remedy is going to be to a reduction in services/quality and/or tax hikes which will only further incentivize and push people to live in unincorporated areas, especially when you factor in that proximity to employment will be less of a factor in real estate decisions for those working in some white collar sectors moving forward. Larger, diversified, and already highly-desirable municipalities will probably be able to whether storm but those that are on the brink and those that are already struggling financially are probably only going to see things get worse. I would offer regionalism as a solution, but we know how well that has generally fared in Ohio even before this inevitable shift tilts the balance of power even more into the hands of townships and villages. Cities are likely to become more heavily dependent on aid from the federal government (and the state government, but of course local government funding from the state is likely to be both more meager and spread more to the townships and villages that will also be getting the benefits of a larger work-from-home population). Honestly, however, the ones that I see being the most successful adapters to the work-from-home digital age are not unincorporated, bare-minimum-tax jurisdictions, but also not cities: they are the medium-sized bedroom communities with slightly smaller lot sizes that allow for the deployment of fiber-to-the-home via municipal broadband. The attempt to broaden the network county-wide here in Summit County (population ~550,000) is actually building off the architecture of the network installed in Fairlawn (population ~7,500). I have had multiple white collar professional colleagues both tell me personally and even say things in front of larger public audiences that municipal broadband, which for the moment appears to be nearly monopolized by relatively compact suburbs in Ohio, has been an absolute lifesaver for their digital work. This sample size from my circle of friends and acquaintances is mostly attorneys and IT professionals. One of them told me, only barely paraphrasing, "I can't move anywhere that doesn't have this ever again." Those medium-sized bedroom communities have the advantage under the tax system because they will keep their income taxes from people working from home--that's where the homes are. And in fact, they won't even need to give rebates or credits for people working elsewhere anymore. If the work-from-home trend becomes durable, as seems to be the case, then the intra-municipal competition will become more and more focused on being the best places to live. And cities do have advantages on that front, if they choose to use them and develop them. Walkable neighborhoods are even more important for residents than for commuters, after all.
September 10, 20213 yr 1 hour ago, gottaplan said: my logic is that Middleburg Heights really isn't part of any sub market. It's an island. And thus not part of any trend. You can take Middleburg Heights out of the equation and your logic still fails.
September 10, 20213 yr 2 hours ago, Gramarye said: Honestly, however, the ones that I see being the most successful adapters to the work-from-home digital age are not unincorporated, bare-minimum-tax jurisdictions, but also not cities: they are the medium-sized bedroom communities with slightly smaller lot sizes that allow for the deployment of fiber-to-the-home via municipal broadband. The attempt to broaden the network county-wide here in Summit County (population ~550,000) is actually building off the architecture of the network installed in Fairlawn (population ~7,500). The county executive's plans envision a 125-mile fiber backbone throughout the county connecting all 31 municipalities, with each municipality able to expand on their own terms from there. There's a real discrepancy between Townships, Villages, and Cities in the wherewithal to extend residential fiber that goes beyond resident demand and socioeconomic indicators. I think it speaks to the sweet spot you mention. For example, while it is low density on Summit County standards, Bath obviously is an example of a Township with affluent residents, and there is widespread demand for fiber from their residents to their Trustees. In spite of this, there are plenty of excuses (even compared to other unincorporated areas in the area). From this recent article: https://www.scriptype.com/2021/08/31/township-administrators-corner-19/ Quote Bath residents have inquired about township government expanding options for broadband service in the community. However, this would not be possible for several reasons. Unlike municipalities, townships possess only those limited powers and functions specifically enumerated by statute. Of those powers available to townships, the development and maintenance of a public utility is not included in that list. Additionally, financing a public utility and expanding a network would be an expensive proposition, particularly in a community like Bath Township. With roughly 23 square miles of heavy canopy and steep slope landscape areas, Bath Township would be a challenging area in which to extend any utility service. Should the project move forward, Summit County officials hope the broadband loop network would serve as a catalyst for private investment with companies willing to use the base infrastructure to expand service in the township. To your point, incorporated bedroom communities that are relatively compact and have middle-class residents have enough resources to make things happen without a self-destructive, defeatist attitude that it's all-or-nothing in terms of serving its residents that larger municipalities with higher population, land area, and more income disparity would face. In my opinion, Fairlawn's network reaching every door was a key to its success. Hudson was content to serve its businesses and the few residents who happened to live along their lines. Accordingly, they have resentment from their residents who would rather see the city focus on neighborhoods who don't have municipal water since they view the city's resources as being "wasted" on broadband since they are not personally benefiting and don't acknowledge the economic development perspective of broadband infrastructure. So overall, I think you make a salient point, @Gramarye - mid-sized communities may eat the lunch of smaller and larger places alike when it comes to deploying fiber to the home, and to appealing to a work-from-home lifestyle that hedges the impact of shifts in working trends on city coffers. And broadband access is certainly a deciding factor on where working professionals live who have become reliant upon it.
September 10, 20213 yr Author 4 hours ago, Clefan98 said: You can take Middleburg Heights out of the equation and your logic still fails. I'm not making any hard conclusions or predictions. It's all just guessing. Have a good day
September 13, 20213 yr Author WSJ: Remote work may last for two years or more now. And the longer it lasts, the harder it will be to get people back to the office. https://www.wsj.com/articles/remote-work-may-now-last-for-two-years-worrying-some-bosses-11629624605
September 13, 20213 yr Author Here's a great summary from early this year from PwC on where they see trends headed for corporate real estate: Real estate strategy in transition as companies anticipate multiple changes Consolidate office space in at least one premier business district location: 61% Open more locations, such us satellite offices in suburbs: 58% Consolidate office space, but outside of major cities: 51% We are not making changes to our real estate strategy over the next 12 months: 13% https://www.pwc.com/us/en/library/covid-19/us-remote-work-survey.html#content-free-1-4e16
September 16, 20213 yr Author "As companies embrace hybrid models, many are considering cutting back on space. If companies follow through with those plans, it could have significant implications for the commercial real estate sector, as well as retailers, restaurants, city centers and local governments, among others." https://www.cleveland.com/business/2021/09/as-companies-embrace-hybrid-models-many-are-considering-cutting-back-on-space.html
September 16, 20213 yr I started hybrid this week (home Wednesdays and Thursdays). It's frustrating but what can you do besides look for work elsewhere.
November 11, 20213 yr More Tenants Plan To Increase Space Next Year Than Shrink It Also, close to two out of five tenants said they will be preferring longer occupancy terms to get ahead of possible rent increases. https://www.globest.com/2021/11/10/more-tenants-plan-to-increase-space-next-year-than-shrink-it/ "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
November 11, 20213 yr Work remote after COVID? Nearly 50% of US workers would take a pay cut for it, survey says. https://www.usatoday.com/story/money/2021/11/11/workplace-survey-remote-pay-cut-covid/6367601001/ Count me in one one of those nearly 50%. I'm not sure exactly how much a paycut would be doable. I can't imagine anything over 15 percent would be acceptable, but I would consider it. Going back in person three days a week has been USELESS. There are no in-person meetings, no perks/free food/happy hours, our rolling hybrid means it's pretty dead in general, everyone's in a mask, and, frankly, no one is happy about being there. Hurray for commutes and validating our expensive commercial real estate, Mr. CEO. I've expanded my job hunt to hybrid in addition to full remote, but the goal is still the latter. Edited November 11, 20213 yr by TBideon
November 12, 20213 yr Gov. Hochul urges NYC employers to bring workers back to the office https://abc7ny.com/kathy-hochul-manhattan-officer-workers-survey-partnership-of-new-york/11221574/ If people miss the good ol' days of traveling long commutes, delaying chores/errands for evenings and weekends, dealing with annoying coworkers and management in person, attending meetings in which you can't double-task, spending small fortunes on clothes and accessories, increasing potential exposures to COVID variants, etc, then let them go back on their own volition. But for the governor to overtly urge employers to compel their employees to be re-burdened with all that nonsense is very tone deaf. "They're missing the vitality, the energy and the innovation that is spurred by the connections of human beings" What a bunch of horsesh*t. We can't go backwards. Might as well invest in horse buggies and coal mines.
November 12, 20213 yr yeah, but i heard that nyc can expect a permanent estimated 9% decrease in office workers overall. however, the demand for brand new modern office space is booming, with tech gobbling up a lot. i would look for some of the older office stock will be converted. everyone will adjust -- its not the end of the world, or even the total unknown we all thought it was for awhile.
December 15, 20213 yr https://www.dailymail.co.uk/news/article-10310701/Morgan-Stanley-boss-says-WRONG-order-staff-office.html "Morgan Stanley boss says he was WRONG to order staff back to the office or face pay cuts over the summer and warns Omicron means work from home rules could continue until 2023" Personally I think he and his ilk are just ticked off there's less opportunity to bully and sexually harass the interns and younger staff. Edited December 15, 20213 yr by TBideon
December 15, 20213 yr I'm seeing more and more stories about companies pushing return-to-office out to 2023. It's hard to believe that central business districts are going to struggle for at least another full year.
January 20, 20223 yr https://www.bostonmagazine.com/news/2021/11/23/office-friendship/ The Death of the Office Friendship I'm a fanatic when it comes to working remotely, and really believe it brings about a far better lifestyle. But the article makes some fair points. People often make friends (real friends, drinking buddies, work friends, etc) at work, especially when new to a city. For these transplants in particular, it takes real effort to join an intermural sport, go to a paint/alcohol event, or figure out a hobby to meet people. However, making friends with work colleagues, especially in your 20s and 30s, is a much more natural process. And you make friends through friends, thereby expanding your community and sense of belonging. It's a lot easier going to a happy hour together at 5 rather than leaving your apartment and heading to a pub by yourself. Beyond that, work is a natural way of meeting romantic partners, perhaps at the office, perhaps at an event with your colleagues in which you mingle with peers from other companies. Meeting someone to date, if not marry, gets harder as you get older, and for a lot of people, I can see working remotely really having a damaging effect. I'm not saying you should sh*t where you eat, but it is a resource of which you might meet someone. Certainly healthier than swiping left. Food for thought. I'm still a fan of fulltime remote, especially for those with families, but can appreciate these consequences.
January 20, 20223 yr One thing I've heard a lot of seniors say 10-20 years after retirement is the most important thing about work is the people you work with.
January 20, 20223 yr ^I believe full on, widespread remote work is ultimately a net negative for society. But, then again, my career isn’t possible to do remote, so maybe that’s just the jealousy talking lol
January 21, 20223 yr 2 hours ago, amped91 said: ^I believe full on, widespread remote work is ultimately a net negative for society. Agree 100%. We were fully remote for months, but our office downtown has been back to full occupancy since June. Masks in common areas, as required by the building, but masks off at workspace, everyone vaccinated. Thankfully, (knock on wood) we haven't had any serious illnesses. The elevators are still empty -- seems like we're the only floor in operation in the building. Still some grumbling about being in the office, but it's far easier to just stop by and "bounce ideas" around in person than via a remote call (where everyone turns their camera off and you know at least half of them have tuned out).
January 21, 20223 yr As someone whose office is out in the suburbs surrounded by industrial uses, who largely does work independently and doesn't have to frequently collaborate with coworkers, I've really enjoyed full remote. I've probably been in the office like 8-10 times since the pandemic started, and there isn't much I miss about going into the office. I can be just as productive at home. I like a lot of my coworkers, but it isn't a scenario where I feel like I'm missing out on anything. For a job that relies on frequent communication with other office coworkers and collaboration is key all the time, I would probably not like working remote. My office would probably be in a better location, though. If I was starting a brand new job, I would certainly want to be in the office frequently to start out to easily ask my coworkers questions by just popping into their office or walking to their desk.
January 21, 20223 yr I would add that we had a harder time retaining new hires when everyone was remote. Onboarding is hard enough, and with the lack of in-person contact I think you lose any sense of loyalty to a particular company that you might gain from being there and building relationships with coworkers. It will be interesting to see if studies show more turnover in remote workplaces.
February 2, 20223 yr Interesting article about how offices are being re-thought.... Why Companies Aren’t Cutting Back on Office Space https://hbr.org/2022/01/why-companies-arent-cutting-back-on-office-space "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 7, 20223 yr "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
June 8, 20223 yr "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
June 8, 20223 yr On 11/12/2021 at 10:17 AM, TBideon said: Gov. Hochul urges NYC employers to bring workers back to the office https://abc7ny.com/kathy-hochul-manhattan-officer-workers-survey-partnership-of-new-york/11221574/ If people miss the good ol' days of traveling long commutes, delaying chores/errands for evenings and weekends, dealing with annoying coworkers and management in person, attending meetings in which you can't double-task, spending small fortunes on clothes and accessories, increasing potential exposures to COVID variants, etc, then let them go back on their own volition. But for the governor to overtly urge employers to compel their employees to be re-burdened with all that nonsense is very tone deaf. "They're missing the vitality, the energy and the innovation that is spurred by the connections of human beings" What a bunch of horsesh*t. We can't go backwards. Might as well invest in horse buggies and coal mines. Politicians are pretty much by definition "soft skills" people. Technology was making hard skills more important, the office politicians were pushing back over the last decade with some success, but remote work has stymied that. Of course she's going to say something like that. And like most things politicians say, it's as you described.
June 9, 20223 yr On 6/8/2022 at 5:59 AM, E Rocc said: Politicians are pretty much by definition "soft skills" people. Technology was making hard skills more important, the office politicians were pushing back over the last decade with some success, but remote work has stymied that. Of course she's going to say something like that. And like most things politicians say, it's as you described. Along these lines the WSJ had a piece today saying: if you want a promotion, you had better not be too remote. In person facetime with the boss counts. https://www.wsj.com/articles/think-working-from-home-wont-hurt-your-career-dont-be-so-sure-11654725511?mod=Searchresults_pos4&page=1 Remember: It's the Year of the Snake
June 9, 20223 yr I disagree with the WSJ's premise. For most white collar jobs, unfortunately, the only real way to get an elevated role and/or see a substantial increase in salary is to change jobs. Companies often base your raises as a percentage of your current salary, whereas a new hire in the same position could see a substantial jump. Hence why they don't want people discussing salary.
June 9, 20223 yr 3 hours ago, Dougal said: Along these lines the WSJ had a piece today saying: if you want a promotion, you had better not be too remote. In person facetime with the boss counts. https://www.wsj.com/articles/think-working-from-home-wont-hurt-your-career-dont-be-so-sure-11654725511?mod=Searchresults_pos4&page=1 I value face time with leadership, however, there are just as many studies that show remote work increases productivity. This increase in productivity won't be the case for all people, which is why there will likely remain a mix of options for associates to choose from, and encouraged in the future. From my experience as a Recruiter, I have yet to see companies choosing to be remote impact anyone's ability to grow a career in a company, in fact, I've only seen the opposite be true with jobs that were previously location-specific become available for associate and candidates to choose to do remotely.
July 5, 20222 yr "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
July 5, 20222 yr 34 minutes ago, DO_Summers said: Cough...cough. sliding article across table in front of SHW. Non-employees are invisible and irrelevant to SHW execs. They don’t dislike us, we simply don’t even make it on the radar. It’s an old-school industrial manufacturing mindset that is prevalent across pretty much all of the major Cleveland-area employers. The campus rules, whether it’s downtown, or out in the ‘burbs. My hovercraft is full of eels
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