> Also, it's nice seeing everybody at work, getting lunch, having a coffee break with people, whiteboarding, etc. There is a huge social aspect that is lost with WFH that zoom can't replace. Imo that reduction in socializing has reduced my work performance because I've noticed I just sprint ahead for 4+ hours straight and burn out really hard at the end of the day.
I like showing up at work to work together with my co-workers. If you don't then maybe you should get a new job where you like the people you work with.
Am I really not looking forward to the new remote work future. Maybe someone will come up with a way to restore the socializing I got from work. I don't just want to hang out with friends. I want to work together with people on a common goal, and by "work together" I mean I want to do this in the same space. Just like eating lunch on zoom or going to a virtual bar via facetime is not as good as actually siting at the same table with friends neither is remote work as fulfilling "for me" as actually being in the same space as my co-workers. But then again I like my co-workers and I like the things we are building together.
I don't think this is guaranteed to happen. Another possible outcome is that tech salaries will pin to the lowest common denominator, such that employers will "outsource" much of their engineering work to engineers that live in low cost-of-living markets.
So just as always, you have a choice, what's worth more to you? Money, or free time? And pick your job accordingly.
They paid poorly precisely because of the relative lack of opportunity for software in the region at the time. That meant anyone who’s livelihood was in software had little recourse other than to move. That was the option I took, but others can’t for a number of reasons.
Just because you're working together in a circumstance that benefits the two parties doesn't mean each party is not also working against each other to some degree to better optimize their self-interests.
An employer may need an employee to create something and by creating and selling that thing, an employer and employee may both get a cut and benefit. None of that prevents the employer or employee from attempting to get a larger cut or do less work (invest less time) to receive their cut. Extremes to either side cause the relationship to collapse but there's definitely wiggle room in the margins beyond a 50/50 split.
I've yet to meet a single employer that doesn't try to optimize on labor costs in that relationship through some component or another, directly or indirectly.
Which is also true. At the same time, risk is highly relative which is why this situation is feasible at all. What's risky for you to do as an individual is not of the same order of magnitude of relative risk when you consider scaling of available resources.
Example, Alphabet, Amazon, or Company Y decide to invest $1 million in a new SaaS 'X' effort with some monthly fee in an attempt to build a successful product/service. These companies have arrays of pre-existing successful products/services they've built (typically diversified) that generate stable profits. Relative to that sort of expected profit, SaaS 'X' is a drop in the bucket. If 'X' fails, it's the same absolute monetary loss ($1 million) but the relative risk of losing $1 million isn't significant to any of these businesses, it's small relative to their total resource pool of disposable assets. Loss recovery will also take significantly less time.
On the other hand, if I as an individual go through the effort to form an LLC, develop SaaS 'X' myself and fail, $1 million is nothing to scoff at. Even if you're in the higher income scales of our industry and making $300-500k+/yr for labor, you're looking at ~3-4 years or so of potential losses and values that are probably near or a bit more than your total personal assets, at the very least I'd say 10%. If you start an LLC and get a loan or have some investor drop money on you, $1 million is still likely going to be a lot relative to your loan. It's highly likely that if 'X' fails your business will fail. There's high relative risk here (there are some mitigations strategies from your personal assets but it's still significant). You're probably going to face noticeable financial hardship or have to revert back to the labor market due to business small failure rates.
Risk is mitigated through scale, snowballed growth, and diversification (amongst other strategies) in our economic system through initial successes that often occur either through true innovation/market creation/penetration and/or sheer luck.
My personal take on things is that if you don’t recognize the adversarial part of the employer/employee relationship, then you will suffer for it. It’s more healthy to recognize where parties have competing interests, and it’s unhealthy to ignore them.
I’d also say that the people who can ignore the adversarial aspects of employment can only do so because of a fair bit of privilege. For example, people will throw around the saying here that “HR is an advocate for the company, not the employee,” but many of us will never really have to deal with HR in a way where it really matters.
I'm not sure I'd agree. When a company loses an employee it's an inconvenience but when an employee loses their job it's often devastating.
The market rewards them for this. Is the market wrong, or your thesis?
Your employer needs employees, not specific employees.
And this change isn't going to improve employee leverage, it's going to decrease it substantially when all companies develop processes to have a significantly higher pool of candidates to hire from. Long-term employees will look at having a company-provided office with a good work environment as a luxury.
This is the path to mediocrity and leaving tons of money on the table in much of the tech industry.
I've been able to be well above mediocre in west coast tech for years now with this strategy /shrug For FAANG, startups, and other BigCos.
FYI, the bar can be the bar needed to get a promotion & bump your pay grade. It can also be to keep your current job & stay the course. And it can change over time strategically.
Unless your side hustle brings in $300k+ a year, you’re better off becoming critical at the main job because it becomes very lucrative.
Productivity as an employee is about meeting a bar (that you partially define along with your employer). Caring about maximizing productivity is the goal of your employer. But you have some leverage in this job market so it's not like they can squeeze you dry. Remote only helps the employee side of that adversarial relationship.