Posted on 06/15/2021 9:02:33 AM PDT by caww
...'If you can go out to eat, you can come back to work'...
Gorman said on Monday he'll be 'very disappointed' if staff don't come back voluntarily by Labor Day..So far, Morgan Stanley hasn't mandated that anyone has to come back full-time ...That will change if people refuse, he said, and those who have left NYC for cheaper salaries can expect pay cuts if they want to work remotely.
In NYC & San Francisco, only 21% of people have gone back to the office Cities in Texas and Florida - Republican states - have been more willing to return
(Excerpt) Read more at dailymail.co.uk ...
Can I get a salary cut and not show up to the office?
Our company is basically cutting back on the number of cubes, and employees will have to sign up to reserve cubes for certain days.
Firm Proposal to CEO From Employee:
I want to wear my bunny slippers, boxers, t shirt and carry my teddy bear at all times like at home. I got used to it.
Otherwise, fuhhhggedddabouddit. Forgot, can I get a raise to keep up with inflation?
Nearly every business I work with has said work from home has been a failure. People are sick of zoom.
More id theft of customers as employees more brazen to do it when no one looking or camera not trained on them, more mistakes, less productive, harder to train, newer employees cannot learn from older employees on and on.
Labor day? How about tomorrow?
It saves them what can often be a hellish commute plus higher cost of living nearer where they work. Smart companies will realize this and find a balance.
Starting July 1st, I've told my company I will be there once a week rather than twice a month. While there are certain efficiencies gained by being on location, I've also sold the boss on one that is not. Namely, that time spent commuting cannot be spent working.
I’ve been saying for a year now the following statement
People are using the COVID-19 pandemic as an excuse to get out of personal family and work obligations. And they would like to do so on a permanent basis
So beautiful, given the left’s fear of viruses and contact with potentially infected surfaces, doesn’t that create a high risk environment? Seems like a liability lawsuit coming on for the first person who gets sick.
We know these lawsuits are coming, it’s just a matter of time.
I think it depends on the business. We’ve been insanely busy but our business also increased some 15%.
It fails when employees actually leave the time zone per what i see.
You are correct. Hence there will be liability lawsuits the moment someone gets sick.
Worked remote the last 3 years before retirement. At home all the time is not that great. I think 3 at office 2 at home would be good or 2 office 3 home. Time to have the office meetings and interaction, time work really can get done at home. For the company have flex days, you can basically use 60% as much space.
I could believe this is as much about saving the value of these downtown office buildings nationwide, that they probably have a lot of commercial mortgages on.
My wife’s sister was a vp at Morgan in the 90s.
Funny story—
She said she and everyone else on the top two floors were upset they all voted for Bill Clinton and now that he got in he was raises taxes “ordinary people” “with average incomes like ours.” Not just “on the rich.”
She was making roughly 4-5 times my salary plus generous high end benefits and bonuses. Still disgruntled as little guys in their minds as to income.
Felt Bill betrayed them. But voted Dem again soon after.
Didn’t I read several months ago that production among
people working from home had gone up during the pandemic,
and that there was concern about what would happen to
the empty office buildings?
Did I miss something?
Marko
Several associates in my STEM profession just changed jobs because their employers were forcing them back to the office and their new employers gave them a lot of flexibility to work from home at least 4 days every week.
Many of these employers are run by morons. These workers were outstanding performers and highly sought-after in their fields.
I'd say any company that has had staff working from home for the last 12-15 months has already demonstrated that they can function effectively that way. It makes no sense to go back to an operating model that involves an enormous cost to the employer (rent for office space) as well as a huge waste of time and money for the staff (commuting time and costs).
I wonder where the FLsatellite office will be located.
I’m old enough to remember when not showing up for work would get your salary cut to $0.
Factor in expenses that are going up too like fuel, transportation, eating out, clothes, etc... inflation courtesy of higher the Sleepy’s Administration cabal of clusterflux TDS policies.
In my line of work as a trainer the initial sessions are best conducted live onsite but follow up sessions can mostly be done by remote login access which saves the company travel costs and me wear and tear on the old body and the hassles of traveling.
Human resources doesn't have to worry about any of workplace landmines and we've also let leases lapse without renewing. The company doesn't have to worry about the problems other companies will face with COVID-21, COVID-22, etc.
We've implemented procedures that needed to be put in place two decades ago and would never have been if not forced to. Instead of improvements one retirement at a time, we've had a whole slew of long overdue improvements in a matter of months.
We have people with serious skills who are telecommuting from two states away. No one is going to force them to relocate to commute in person. They can (and do) offer their services to several companies at a time and no company in a high-cost Democrat areas is going to entice them to sit in a toilet.
These Democrat dumps had a captive workforce from demographics and infrastructure from decades ago. COVID and the ensuing telecommuting set free.
We've hired staff via teleconference interviews and have never met in person. We've been able to pick better candidates instead of settling for those among the locals who had some skills but not all we were looking for.
Knowing this is Morgan Stanley, they want people back in the office because they're worried about them leaving to other companies. They also intend to force the skilled staff to train the unskilled ones. It's very hard to do that when it's not in person. They're also likely to bring them back in until the leases expire then push them all back out again once the leases expire.
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