1/🧵People quitting instead of coming back to offices is very real
Amazing for startups who will recruit the most talented folks who are well paid (some might say overpaid) at big companies—but who will take significantly less in order to work from home #remotework #WorkFromHome
Amazing for startups who will recruit the most talented folks who are well paid (some might say overpaid) at big companies—but who will take significantly less in order to work from home #remotework #WorkFromHome
2/Executives have figured out how to manage remote workers so well, that they will need 20% less of them. basically, low performers “have nowhere to hide” in a remote world where folks do an SOD and EOD (start of day and end of day) on SLACK
3/plus 20% less overall cost of maintaining an office, which even if you do offsite meetings will still be 10-15% savings
4/Salaries are going to go way DOWN for work from home as folks leave in person work & join the WFH movement (supply!)
Salaries will hit a “global salary,” which means 30-50% LESS than what folks made in San Francisco, where 50-70% of salaries went to housing!
Salaries will hit a “global salary,” which means 30-50% LESS than what folks made in San Francisco, where 50-70% of salaries went to housing!
5/US Knowledge workers will not only compete against counterparts in US cities, but US citizens in cities around the world AND foreign knowledge workers
Savvy US knowledge workers already realize how far the USD goes in Thailand, Spain, Greece, Mexico, Canada, & Japan!
Savvy US knowledge workers already realize how far the USD goes in Thailand, Spain, Greece, Mexico, Canada, & Japan!
6/Salaries for in person work will get 30%+ higher as folks working at the Apple store or Bank of America say “I’m spending 10 hours a week commuting while my friends are having lunch with their spouses and picking up their kids from school... pay me MORE or I’m out!”
7/What are you seeing out there with #remotework #WorkFromHome
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