Re:Who still needs the office? U.S. companies start cutting ...
by heliodor on Friday July 24, 2020 @07:08AM
(#23938051)
Your employer passing their savings onto you is not how the labor market works.
Re:Who still needs the office? U.S. companies start cutting ...
by blaser-waffle on Friday July 24, 2020 @09:37AM
(#23939299)
Absolutely true, but it's worth mentioning that it does free up capital. That could go straight to a CxO's bonus, but also to larger budgets for Project X/Y/Z.
Not having to commute is also a big time saver, and that one is just on you, the worker. The Mr Money Mustache blog calculated that every mile you cut off your commute saves you like ~700-800 bucks a year.
https://www.mrmoneymustache.com/2011/10/06/the-true-cost-of-...
Re:Who still needs the office? U.S. companies start cutting ...
by sundaeofshock on Friday July 24, 2020 @11:36AM
(#23940748)
Or that capital could be returned to the people whose labor earned in the first place.
Re:Who still needs the office? U.S. companies start cutting ...
by hanfsi on Friday July 24, 2020 @07:24AM
(#23938141)
And now you actually CAN move due to a new future work from home freedom.
Re:Who still needs the office? U.S. companies start cutting ...
by cmarschner on Friday July 24, 2020 @04:52PM
(#23944293)
Data point: we once rented 800 sqm and fitted in the order of 60 people. This was not as crammed as typical SF startup space (it was in Europe and a large corporation), we had groups of 6 and in between meeting rooms, bathrooms, pantry etc. So that‘s more in the order of 130 sq ft per employee. According to your numbers that would translate to $10k/employee
I did a quick google which said that in SF, office space is $80 / sq. foot, I presume per month? Assuming you need idk, 15 - 30 sq. foot per employee (not even counting shared spaces), that's $1200 - $2400 / month to be added to your wage, plus a bit for expenses like desks, coffee or lunch that are normally offered by the employer.
I read another post or article that made the statement that if you work from home, you should be earning enough to have a bigger house with dedicated office space. Of course, working remotely would also mean you can move around the state or country where housing prices are lower.
For me, I bought a two bedroom house a few years ago; it works for me, I have my desk set up in my bedroom, quite comfortable but I would still like a dedicated work / hobby space, so if this work from home keeps up, long-term I'm looking at moving back to where I grew up in the north part of the country (NL), where houses are bigger and cheaper than they are over here.