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by bottled_poe 1943 days ago
I doubt that WFH options are a significant factor for the best employees. There are so many other incentives/rewards/perks that imo should rank above this. Eg. Remuneration, opportunities, connection to colleagues (particularly those involved in promotional decisions).

> if your competitor is offering it you might want to do it as well.

That factor only seems relevant in isolation. Financial remuneration is surely the primary factor.

3 comments

Well, if I can 'pay' the employee a lot more just by letting live somewhere cheaper where he'll happy ( say, somewhere with a house, garden, and peace and quiet, an unaffordable luxury to most in large European cities such as London/Paris ), then wfh and compensation suddenly become linked.

Furthermore, by allowing full WFH, you also expand your recruitment pool to people outside your immediate geographical area.

That being said, I miss the office quite badly : real, physical interactions, can't be replaced with video conferences.

Sure, it’s all linked. I think a big factor overlooked here is the interest in hiring locally... I suspect the people paying wages are somewhat invested in the local economy - especially the property market. I wouldn’t expect a major shift before those investors have adjusted their portfolio accordingly ... I.e. no time soon. Just a suspicion, what would I know.
Anyone wondering what GS is doing now with property ETFs? Obviously this is pure speculation, but... GS have form so...

https://www.youtube.com/watch?v=F3goSYkVPNE&t=338

>Financial remuneration is surely the primary factor

Personally, I wouldn't quit WFH even if someone offered to triple my salary to come work in an office.

Same. The conditions I cultivated at my home office are unbeatable in many ways, very expensive standing desks and chairs included. Not to mention a world-class quality display that makes most other displays seem like toys.

I invested in my home office and it's perfect for me. I wouldn't trade it for anything.

WFH is remuneration - being able to move to a cheaper area can offer an effective 2x or 3x pay increase.
Valid, but see my reply to the other comment about local hiring