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re: Morgan Stanley CEO to bankers: If you want NYC salary, you need to be in NYC

Posted on 6/16/21 at 8:12 am to
Posted by Oilfieldbiology
Member since Nov 2016
37728 posts
Posted on 6/16/21 at 8:12 am to
quote:

my "problem" with the "reasoning" behind some of the move back to a work from the office model is that it's not really motivated by a "need" for the employees to be back in the office.


There isn’t a need for most employees to be in the office 100% of the time. But being 100% wfh absolutely hinders development of new hires that have yet to network and don’t even know what they don’t know yet.

Being 100% either way isn’t the answer. The answer is customizing your schedules to do what works best for each team and company. However this thread has diverged from what the CEO said. He didn’t say you had to work in the office. He said you won’t be paid NYC paychecks while not living in NYC
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