Back to office announcements are happening and some are not pretty.
As a CEO announced a record, $1B profit, on the same all-hands said "if sw engineers all think they can work from home, we can hire someone from Asia and pay them €300."
They will have dev attrition problems.
We are talking about a traditional company - one that became far more profitable during COVID, with remote work.
Their stance is clear though, and the post-COVID strategy is this: "The new way is the old way, and we will all go back to the office."
Good luck. They'll need it.
The same company normally makes all-hands videos available to all. They did not do with this all-hands.
Later the CEO apologized for the comments and backtracked, kind-of - see the apology below.
But all engineers know where the company really stands & what they can expect.
NFTs about one thing: buy an NFT today, have it’s value go up and sell some point later for $$$.
Prices only go up if new buyers join in droves (aka it goes mainstream).
But if scams are everywhere: it both scares new buyers from joining. Also chills existing ones from selling.
A reminder that the web, in its infancy in the 90s was *never* this insecure: because payments were built on an existing credit card/banking infrastructure with plenty of consumer protection (eg chargebacks, multi-step confirmations etc, legal recourse).
I was giving advice to a friend who recently started a freelancing business after a decade of being an employee.
Here are 12 habits that work fine when an employee employee, but ones worth unlearning to be a more successful entrepreneur/freelancer:
1. Old habit: your time is equally valuable throughout the day.
New habit: parts of your time are far more valuable. E.g. working with a higher-paying client, or on projects with more opportunity cost. Generating valuable leads. Etc.
2. Old habit: follow the beaten path outlined in a company and career path. Get promoted to senior, then to above or a manager path etc.
New habit: carve out the path where *you* want to get to. There's less of a beaten path to follow - and why would you?
“Odd, how ‘work from anywhere’ really means ‘work from anywhere in the country.’”
It’s how countries, taxes, visas work. If you’re self-employed, trying to work from *any* country in the world: it’s LOTS of admin.
If you’re employed, it’s just as challenging for your employer.
It’s pretty much only the tech industry where we’re privileged enough to be able to work from almost anywhere.
This does not mean we can ignore national regulations. And countries impose heavy admin and tax burdens on employment, rarely ever optimizing for remote work cases.
There are more startups acting as ‘middlemen’ to employ people in different countries. @deel and @remote are examples.
But by nature these setups are limited (you’re employed though a middleman) and they do not shift liabilities for the company to follow all local regulations.
"I work in the UK at a company that announced 'Work from Anywhere'. I want to move to Spain/Italy/Portugal. They told me my compensation would drop 35-40%. What are my options?"
Honestly: nothing, beyond either staying put or leaving your company. This is deliberate from them.
Situations like this will become far more common as companies decide on country-adjusted compensation or paying the same across regions.
And I'm adding that it is not unreasonable for large companies to do this.
If they did not adjust your UK salary: they would need to pay everyone in Spain/Italy/Portugal at UK levels. From their end, that would make zero sense.