Re:Wall Street grudgingly allows remote work as bankers dig in
by staticautomatic on Wednesday November 24, 2021 @06:11PM
(#29336304)
And yet that cost goes down when employers don’t pay for your office space…
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Re:Wall Street grudgingly allows remote work as bankers dig in
by actually_a_dog on Wednesday November 24, 2021 @06:14PM
(#29336323)
And my cost goes up when I pay for my own office space.
Re:Wall Street grudgingly allows remote work as bankers dig in
by isbvhodnvemrwvn on Wednesday November 24, 2021 @06:31PM
(#29336466)
But you don't have a commute and can do stuff at home during work.
Re:Wall Street grudgingly allows remote work as bankers dig in
by actually_a_dog on Wednesday November 24, 2021 @06:37PM
(#29336527)
So? That doesn't net me money during salary negotiation.
Re:Wall Street grudgingly allows remote work as bankers dig in
by sokoloff on Wednesday November 24, 2021 @08:17PM
(#29337221)
If it means that some actually-a-dog2 realizes that they prefer it enough to work for 5% less, then you need to compete with that.
Re:Wall Street grudgingly allows remote work as bankers dig in
by jjk166 on Wednesday November 24, 2021 @10:31PM
(#29337975)
Let's say you get paid $100/hr for 8 hours per day of work, or $800/day. Now let's say you have to commute an hour round trip to and from work. Since you need to commute to get paid, it takes you 9 hours to earn that $800. Thus your real hourly wage is $88.89/hr. The person who doesn't need to commute works no harder, but it only takes them 8 hours to earn the same wage. They effectively have an 11% higher wage than the commuter, all else being equal. They could work for $95/hr, making them the more attractive option for the employer, while still being better off than the commuter.