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Paul Allen
Notre Dame Fan
Montauk, NY
Member since Nov 2007
63520 posts

The Dark Downside Of The Work-From-Home Trend
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quote:

There is little discussion around the dark side to this trend. For instance, VMware—a California-based publicly traded software company that provides cloud computing and virtualization software and services— announced that employees who work remotely will get a pay cut if they move out of Silicon Valley to live in less-costly cities. 

However, he then added a subtle catch that may have been missed by many. Employees will have to tell their bosses if they move to a different location. According to Zuckerberg, those who flee to lower-cost cities “may have their compensation adjusted based on their new locations.” He added, “We’ll adjust salary to your location at that point. There’ll be severe ramifications for people who are not honest about this.”


Curious to see how this work from home model is going to fare long-term. I know it’s all the rage now but it’ll be interesting to see how sustainable it is 5 plus years from now.

Several predictions call for business travel and in-person meetings to lag behind for several years some even going as far a decade, thanks to virtual platforms like Zoom and MS Teams. Maybe it’ll be popular for a few years and then offices become cool again.


yatesdog38
Mississippi St. Fan
in your head rent free
Member since Sep 2013
11979 posts

re: The Dark Downside Of The Work-From-Home Trend
Please include a warning when it is a forbes article.


Paul Allen
Notre Dame Fan
Montauk, NY
Member since Nov 2007
63520 posts

re: The Dark Downside Of The Work-From-Home Trend
Absolutely. Will do. Thanks for the heads up.


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1211
I Bleed Garnet
South Carolina Fan
TriBeCa by way of CLT
Member since Jul 2011
43675 posts

re: The Dark Downside Of The Work-From-Home Trend
quote:

may have their compensation adjusted based on their new locations

No shit


Paul Allen
Notre Dame Fan
Montauk, NY
Member since Nov 2007
63520 posts

re: The Dark Downside Of The Work-From-Home Trend
Pretty obvious. Huh?


East Coast Band
Alabama Fan
Member since Nov 2010
45173 posts

re: The Dark Downside Of The Work-From-Home Trend
I guess you'll just have to do the math.


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50
fallguy_1978
LSU Fan
Half mile from St George
Member since Feb 2018
28489 posts
 Online 

re: The Dark Downside Of The Work-From-Home Trend
I suppose that's only fair

Those salaries are based on the local market and COL.

A software developer needs a much higher salary to live comfortably in Seattle than Hattiesburg.


I Bleed Garnet
South Carolina Fan
TriBeCa by way of CLT
Member since Jul 2011
43675 posts

re: The Dark Downside Of The Work-From-Home Trend
quote:

Pretty obvious. Huh?

Yes


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42
I Bleed Garnet
South Carolina Fan
TriBeCa by way of CLT
Member since Jul 2011
43675 posts

re: The Dark Downside Of The Work-From-Home Trend
quote:

I suppose that's only fair

Those salaries are based on the local market and COL.

A software developer needs a much higher salary to live comfortably in Seattle than Hattiesburg.

This


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121
Yellerhammer5
Alabama Fan
Member since Oct 2012
8333 posts

re: The Dark Downside Of The Work-From-Home Trend
Well then hire only developers from Hattiesburg and pay yourself the difference.


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CharlesLSU
LSU Fan
Member since Jan 2007
27188 posts

re: The Dark Downside Of The Work-From-Home Trend
Thought this was gonna be about killing kids


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100
LSU316
Houston Astros Fan
Rice and Easy Baby!!!
Member since Nov 2007
22624 posts

re: The Dark Downside Of The Work-From-Home Trend
The salary thing makes sense and offices may be out of style for a year or so....BUT travel will come back in a big way especially if oil stays down.

All the big conferences are going to be doing big things to drive attendance when they can talk back up.


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90
Capt ST
Army Fan
Middle of the Mall
Member since Aug 2011
9605 posts

re: The Dark Downside Of The Work-From-Home Trend
I find the Teams meetings highly ineffective.


thegreatboudini
McNeese State Fan
Member since Oct 2008
4447 posts

re: The Dark Downside Of The Work-From-Home Trend
And the opposite happens, too. During all of this I moved to a higher CoL region and my company bumped me accordingly.


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81
fallguy_1978
LSU Fan
Half mile from St George
Member since Feb 2018
28489 posts
 Online 

re: The Dark Downside Of The Work-From-Home Trend
quote:

I find the Teams meetings highly ineffective.

A lot of them are, particularly if it's a with too large of a group or people that aren't used to them. I've been doing internet meetings like that almost daily for 15 years.


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40
fallguy_1978
LSU Fan
Half mile from St George
Member since Feb 2018
28489 posts
 Online 

re: The Dark Downside Of The Work-From-Home Trend
quote:

Well then hire only developers from Hattiesburg and pay yourself the difference.

A company like VMware would never be able to do that. It's a huge company.

I guarantee you when you call and talk to "Billy" in India from Microsoft that he's not making a Redmond, WA salary. This is not really any different from that. They just happen to be in the same country.
This post was edited on 9/16 at 7:12 pm


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21
Epic Cajun
New Orleans Pelicans Fan
Lafayette, LA
Member since Feb 2013
21728 posts

re: The Dark Downside Of The Work-From-Home Trend
I’ve worked from home for 8 of the 10 years since I’ve been out of college.

It works for some fields, it doesn’t work for others.

In my field, some people work from home but still need to reside near their organization, other organizations allow people to work from anywhere. If you have to stay near your organization, you get paid in line with that location. If you can work anywhere everyone is paid on the same scale. For instance, your job as an analyst may pay 100k, it’s up to you if you want to take that 100k and live in California where that may be an average salary, or in bumfrick Kansas where you might be an upper tier earner.


ETA: the salary that my company offers for remote positions is average to high. People who hold these positions (for other orgs) in cities such as New York, LA, San Francisco, etc... may make 10-20% more than people who work for my company, but at the same time positions (at other orgs) based out of rural areas of the country may make ~30% less. I was given a raise going from a position in New Orleans to a remote position, and I was a high earner for my position at the time.
This post was edited on 9/16 at 7:25 pm


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30
WG_Dawg
Georgia Fan
Atlanta
Member since Jun 2004
76799 posts

re: The Dark Downside Of The Work-From-Home Trend
quote:

The Dark Downside Of The Work-From-Home Trend


You mean the "moving far as hell away from your workplace" trend.

Most office people I know that are still working from home (that didn't before March) are loving the shite out of it


Tiger Vision
LSU Fan
Mandeville
Member since Jan 2005
3220 posts
 Online 

re: The Dark Downside Of The Work-From-Home Trend
I wonder if this will apply to c level execs who live in different areas?


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60
Turbeauxdog
LSU Fan
Member since Aug 2004
19049 posts

re: The Dark Downside Of The Work-From-Home Trend
After companies realize they can pay people lower to work remotely.

They’ll quickly figure out they can pay people even less to work remotely..... from Mumbai.


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