• Some IT companies considering new pay policies for remote workers

    From Peter Flass@21:1/5 to All on Thu Sep 17 16:20:34 2020
    As mentioned previously.

    https://www.livemint.com/companies/news/some-it-companies-considering-new-pay-policies-for-remote-workers-11599982455062.html


    --
    Pete

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  • From nobody in particular@21:1/5 to Peter Flass on Fri Sep 18 07:21:24 2020
    On 17/09/2020 23:20, Peter Flass wrote:
    As mentioned previously.

    https://www.livemint.com/companies/news/some-it-companies-considering-new-pay-policies-for-remote-workers-11599982455062.html

    This is corporate bullying as high art.

    Fact is, floor-planning workers in expensive areas is a large part of
    the expense. Anybody who works effectively, from a remote location,
    saves the company significant amounts of money. And there is a wider
    effect than just the desk and chair that is gone, but also incremental
    benefits of less air conditioning, electricity, consumables in kitchens
    and bathrooms etc. that really work at scale.

    I worked for an enlightened company in the 1990s where all the employees
    were remote. All the tech staff was spread out across the country. They
    ran the numbers and it made sense, and they saved millions of dollars a
    year. Headquarters was in Washington D.C. in a very fancy and expensive
    area, but the office was basically just a few admins and some execs.

    IBM pulled a similar stunt years ago when they opened a data center in
    Iowa. That way they were able to fire a large number of people or give
    them the choice to work in India at Indian wages or to go to Iowa and
    make 40 dollars an hour for work they were getting paid 100-150 and hour
    before that.

    Those selfish CEOs ought to be reducing their own salaries and giving
    bonuses and raises to people who work remotely. It's a win-win. If your
    staff doesn't perform then fire them; otherwise trust them and enable
    them to pick the work arrangement where they will be the most productive.

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