Re:I hope work from home continues
by JumpCrisscross on Tuesday April 06, 2021 @11:33AM
(#26713089)
> it is those people who demand to work from an office who should be worried about commanding a premium
Before the pandemic, certain employers had to pay a premium for real estate and a premium for talent in prime locations. The former no longer looks justified. That doesn't really give employee or employer any leverage. The latter, which was built on scarcity of accessible talent and the concentration of high-paying jobs in prime locations, however, solely reduces employees' leverage.
One of the barriers to this shift was the massive cost of installing remote-working infrastructure. Financially, technically and culturally. That's now done. How this shakes out, whether it results in lower prices for customers or better returns to shareholders or higher take-home pay for employees, remains to be seen.
Before the pandemic, certain employers had to pay a premium for real estate and a premium for talent in prime locations. The former no longer looks justified. That doesn't really give employee or employer any leverage. The latter, which was built on scarcity of accessible talent and the concentration of high-paying jobs in prime locations, however, solely reduces employees' leverage.
One of the barriers to this shift was the massive cost of installing remote-working infrastructure. Financially, technically and culturally. That's now done. How this shakes out, whether it results in lower prices for customers or better returns to shareholders or higher take-home pay for employees, remains to be seen.