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Out of curiosity, does this mean we’ll start competing for jobs from countries with lower COL? Can companies just hire overseas workers at cheaper rates if it’s remote?

likehelpful

It will depend on the job I think. But it is certainly not out of the question

Yea, same reason why our “top 10” firm wont mandate the vaccine and will pay for tests if they become mandatory.

likefunny

Nice how they used zillow as an example and like a week later they had to lay off 25% of their workforce.

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@EY1, I think some roles will be eventually outsourced, but I don’t think the majority will be. If the roles are outsourced they were eventually going to be anyways. Companies would have outsourced roles long before COVID if they could. Roles in testing are easy to outsource, business strategy roles with American clients not so much.

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Lol and here I am desperate for a job that has travel involved. Srsly getting more depressed by the day with the constant isolation

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Personally I don’t see why COL adjustments aren’t both fair and an expected part of the deal.

The employee gets flexibility and (in most examples I’ve heard of) a reduced cost of living, which translates to reduced cost for the employer, leaving the employee either no worse off or better off, depending on how much they value flexibility.

Of course none of this changes the fact that my firm is eschewing this beneficial change, giving us some copout about “fine print”. Which goes back to OP’s point. IMHO orgs that offer flexibility stand to benefit greatly, while those that insist on going back to 2018 while their workforce has moved on will be left behind. (And all the while these orgs b***h and moan about how much turnover costs them, while doing nothing to actually retain people)

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You’re right, D1. I guess I’m just saying I’d give anything to be allowed to live where I want, rather than stuck in some city where I know no one, see no one, hours away from everyone I care about, for no good reason. It seemed a fair trade in exchange for the flexibility, but you’re right too—it’s the same job wherever.

likesmart

@C1, outside of Zillow the trend can still clearly be seen though. Employees have the leverage for the foreseeable future.

I think you’ll see an increased amount of self-selection next year if/when offices open up.

I’m primarily remote now but I’d take a minor paycut to be more of a hybrid approach where I go In to a local office 2-3 days a week.

Wishful thinking at its best

Tons of companies pay currently pay less for remote work (or more accurately, pay workers living in LCOL areas less.) Why is this an empty threat?

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