Yep, bring the snowflakes back to the office :cheers::tup:

Funny, I just put together an investor pitch and used a quote from their COO from a couple months ago.

“Going back to the office with 100% of the people 100% of the time, I think there is zero chance of that,” said Daniel Pinto, co-president and chief operating officer of JP Morgan & Chase Co., in a February interview with CNBC.

https://theticker.org/3585/business/...that.%E2%80%9D


I think we're going to see a lot of back office folks working from home more, or on flexible schedules of 3 days in the office 2 days out kind of thing. No doubt that people looking to accelerate their careers as fast as possible are going to be in the office. Decisions are still going to be made in the boardroom and face time is crucial for building relationships. Still, I've seen multiple institutional tenants who had renewals in the past year give back 10-15% of their office space. We're not going to be flicking a switch and going back to 2019 as soon as everyone is vaccinated.

^ I see that happening as well.

Why do I have a funny feeling that we will see a gender divide over this? I see more women, particularly moms with kids, working from home (and hence putting off their career advancement) while we will see more men plowing into the office.

I agree with some of this, but there definitely large permanent changes that have been made. Maybe for *some* people, they need that face time, but for many many of us, we simply don't need it. Especially for those of us who work with teams across different regions already. This is an ongoing tug-of-war where some larger companies think they are just going to drag everyone back to the office ASAP. What they don't understand is you opened the flood gates, and it's impossible to herd cats back in now. And for those who push hard enough, there will be another company somewhere that will hire them and let them continue to work remotely.

I think anyone who thinks we are magically going back to 2019 office commuting patterns anytime soon is vastly underestimating the permanent lasting changes this pandemic has had.....

It seems pretty clear to me: The folks looking to climb the corporate ladder are going to be in the office and the fewer competitors they see there, the happier they will be. The seat warmers will spend as much time as they can at home. And yeah, the folks answering your customer service call for minimum wage may be on their own couch but niether they nor the company really see that as a career.

My guess is people will gradually drift back into the office more and more as they figure out who’s getting promoted and who’s getting more responsibility and pats on the back from the boss. They may never be required to spend much time there but will figure out it’s career enhancing. And the era of the Zoom meeting may pass as well. Jamie Dimon also said he’s looking forward to cancelling all his.

https://www.wsj.com/articles/even-th...ue-11620151459

:haha:

Good luck. I think some of you are really overvaluing your “talent” and are in for a serious reality check. You can dispense with your employer to find a job that fits your needs to plant your butt at home but that doesn’t mean they can’t do the same.

And the global Zoom-based workforce is........HUGE

You don't even know what I do for a living, or what my specific talents are.

With that said, companies allowing remote work doesn't just cut on office expenses, but it also opens the potential talent pool to people who they might not otherwise be able to tap into. My company is SAAS-based, but has a huge R&D component to in with the sciences, which is where talent there can be niche and harder to find.

Our company is definitely more on the "liberal" side of this issue. We are <200 employees and Boston-based, but have a large office in Tel Avi, and a smaller on in Boulder. Since the beginning of the pandemic, we have hired people all over the US, and all over the World (Tokyo, Ukraine, India, Tel Aviv). One of our scientists is working remotely on a beach in Costa Rica with his family. We have people now from CA to FL and in-between, with no indication that anyone is going to be forced into a central office anytime soon.

That's my experience, but I suspect many other companies are showing some similar patterns over the past year.

And I think you are so personally invested in real estate that suffers when workers are not forced to physically commute into CBD offices that your advocacy for forcing others to in-person work is just you pushing what will be most profitable for yourself.

Ditto for many of the CEOs who either oversaw the construction or long-term leasing of pricey CBD real estate.

Meanwhile, the kind of worker who will insist on refraining from daily, grinding commutes will be precisely those with the talent to make such a demand.

AMEN!

This last weekend has been the most normal I've experienced here since this all started.

Also meant to comment on this - This is great to hear!

I think Lorrie is doing it right here. Put a date out for people to look forward to, give them that push to go get the vaccine. This makes me so f'ing excited I chose to come to Chicago for the Summer now. Ugh.... I can't wait.

Agreed. We need an end to this. Putting forth a date has a positive psychological impact

Because you're about to become a temporary local, just an FYI...

Her first name is spelled "Lori".

;)

My guess is it's going to be a drift. We will start off with people being required to show up in the office maybe 2 days a week, largely for meetings and group planning sessions. But you will start to see certain people there more and more and others will get the "feeling" it pays to be where things are being decided and the boss is available and will start checking in more often. No one may ever tell them they have to. And yeah, people with really special talents may be allowed to be totally "cloud" employees. But the recent engineering and computer science grads who pre-COVID flocked to tech centers for their first overpaid jobs? I think they better actually meet the boss in person and let him/her see a lot of them or they may become just cannon fodder for the less important tasks.

It has been nice not wearing a mask outside. Today though I was going from store to store and I got lazy taking off my mask only to put it back on a few seconds later. But I did take it off for virtue signaling, to have people look at me and think how cool I am and also to send an anti Biden message. Haha!

she does keep trucking though, so maybe she should be Lorry?

The question that occurs to me is whether the Chicago black and other “communities of color” pay any attention to her and will decide to get vaccinated.

a monster of a situation, no matter how small a part, you helped create. A quick change of heart is not redemption.

This post makes no sense.

No, it’s about being able to meet and talk to strangers in public, rather than sitting in your own socially distanced bubble with the person(s) you came with and already knew. That’s the purpose of a bar, pub, etc.

This is an Internet forum I suppose. Maybe you’re all just introverts who don’t actually enjoy social interaction or meeting new people and so none of this is that bad for you?

It's not just that but the longer this drags on, the more it's making otherwise socially adept people introverts.