The back-to-office backfire: Companies ending WFH perks lose out on top talent, who view flexible work as equivalent to an 8% raise

https://lemmy.zip/post/1125687

The back-to-office backfire: Companies ending WFH perks lose out on top talent, who view flexible work as equivalent to an 8% raise - Lemmy.zip

cross-posted from: https://lemmy.zip/post/1125686 [https://lemmy.zip/post/1125686] > Archived version: https://archive.ph/vL1mC [https://archive.ph/vL1mC] > Archived version: https://web.archive.org/web/20230806071111/https://www.businessinsider.com/employees-work-from-home-benefits-as-good-as-raise-2023-8 [https://web.archive.org/web/20230806071111/https://www.businessinsider.com/employees-work-from-home-benefits-as-good-as-raise-2023-8]

Honestly. It’s about more than money.

If your boss says you must return to the office, after 3 years of WFH. At best, it shows that they do not value or respect you, and are just making an arbitrary decision in a bid to sell more stocks.

At worst, there might be some insidious reason to make employees physically available. Maybe they are getting a kickback somehow, or selling data that they can only get when you are there, or maybe they are just horny and want to seduce you sexually.

A remote worker is often happier, more productive, and cost less to employ even if they are paid the same as an on-site worker. Offices do not have to provide parking, seating, HVAC, power, wifi, and will even have less physical security vectors.

If some people prefer to go into an office, then it should be optional. Not a hybrid model where they force you to come a certain number of days a week.

At the end of the day unless you are on some kind of probation or evaluation period WFH should be the default when ever possible.

Control is another thing. I can’t tell you the amount of execs I’ve heard say “they’re losing control of their company” or “I don’t feel I have the same control over my people”. It’s crazy that they think that. What do they think the past 3 years have been when they’ve gotten record profits “oh, but our profits would be even better if we had people back in the office”. Sadly no amount of data will override the entrepreneurial “it could always be more” what if that they throw out.

Any executive who has “lost control” of their business by allowing their employees to work from home is no more than the ring master of a runaway circus that they never actually controlled to begin with.

I’ve had the unfortunate displeasure of working for at least one company that made a full time job of keeping their employees under their thumb and I can say this much: the more you micromanage your workforce, the better your workforce becomes at professional time wasting. By that I mean finding creative ways to look very busy while achieving nothing of benefit to the organization.

But then again, much of the corporate world runs on incompetence so poor business decisions based on some executives feelings, rather than statistics, aren’t exactly rare.