1) Work/Delivery can’t suffer. No decrease in velocity because of some work/life balance. This is easily measured and padded with a +\- 5%.
2) Accountable. If you have things you are accountable for and they aren’t done yet, better get that homework done.
3) If your an engineer, we pay you to think, not to sit in a chair. The “office” benefits are communication, collaboration, and contemplation. If you can achieve that with cohesion with the team then +1 I’m all for it!
The ‘70s white collar management style doesn’t really work well for productivity in 2020. It makes unhappy employees which makes people leave. If you enjoy interviewing people by all means, continue that oppression. If you value your employees and their innovation they bring to your company (or your department, or team) then you should practice servant leadership and remove any blockers from them being able to bring their best work to the table.
How did you communicate this to upper management or was it don't ask/don't tell?
But you do have to be available for calls or meetings.
Also opens up visits to regional parks and activities outside the weekend, which means no crowds and sometimes cheaper tickets.
The megacorp I have spent large amounts of time at actually seems to have a significant population of people with this informal arrangement with mixed opinion on the part of their management mostly based on how close they are to a realist position.