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What kind of game is this, please?
Rising Star
Video meeting or phone?
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What firms CAN expense lunch? #fomo
EY folks - we're on holiday tomorrow, right?
That would be the dream. But I’m sure there will be the hardo leaders who live in the city and will make everyone else come in because they can walk there.
Rising Star
You don’t want to be able to see/work/hangout with colleagues easily?
Idk about you, but after a long week, office Fridays are very pleasant but we also have a culture where that’s incentivized.
100% agree. Remote working where it suits people / projects - great. But man I’m ready for the social side - and all that does for relationships/ new ideas/ natural breaks that pull you out of the detail for a little while!
Rising Star
Has tax consequences and comp would likely be adjusted according to cost of living
I doubt firms go exclusively remote, but I bet there will be more openness to remote working. Especially if you bring something particularly useful to the table.
My own firm’s flexibility has grown significantly over my time there and I think that trend continues.
Chief
If you are in the first decade of your career you can’t be entirely remote. You have zero network and barely any firm culture. Read Zuck’s quotes in the WSJ - “It’s unclear at this point whether we’re just all drafting off of existing bonds that have developed before it started,” he said. This is a real thing if you aren’t established.
Rising Star
A3- can I ask what you’ve faced? Have been interested in hearing more about other people’s experiences esp with the current context
Best part about my firm is you can live wherever you want as long as you can get to an airport. I haven’t been to my home office in over 6 months.
??? Can you provide that documentation or source link please?
Lmao I love that so many people in this thread have reached such definitive stances on remote working post-COVID when literally there is no way to tell. True consultants confidently acting like you know shit when you don’t.
LOL, well played, D2
Rising Star
Management is too controlling to ever trust employees to completely WFH in most industries. But they will see the huge savings in reducing office footprint. Time will tell!
Quite unlikely that you'll be able to live anywhere if you live here in the U.S. Remember, you have to provide state and sometimes city for where work has been done so that taxes can be calculated properly.
If you work so many hours at different areas you have to file state taxes where applicable.
People on this thread seem to be confusing two questions:
1) Can I live far away from a firm office?
2) Can I do all my work remotely?
On #1, I bet this changes for many people at many firms. My firm used to have an expectation that you are either on client premises or in our offices. That’s done and it isn’t coming back.
On #2, consulting firm partners can say whatever we want, but it’s not about what we say. It’s about what clients expect. If they want us working on site with them, that’s where our teams will be. If many of them work in a more permanently remote fashion, it’ll be pointless for us to parachute teams into their buildings.
Yeah I think things will go back to normal. It will take a while of course, but this won’t be the “remote work revolution” that people were hyping it up to be.
i don’t think there will be total remote across the board. i do think we will see an increased shift to wfh across the board, especially for tenured employees. something like being allowed to live farther away and come into the office 1-2 times/week.
some firms that already were generous with wfh may switch to an optional full time wfh model, or they may switch to mandatory wfh for non-leadership and admin positions. will be interesting.
I prefer living in cities - many of which my company has an office. Honestly have no desire to go live in a small town, so home office isn’t a huge decision factor for me in all honesty.
Not going to happen in consulting. All leaders have to say is “sure remote work is fine, we will adjust pay accordingly” and majority of consultants will be back on a plane with hand sanitizer, masks, and gloves. Not many are willing to take a pay cut.
Hasn’t Twitter just done this? Can someone explain what they have done exactly? I think their employees will work from anywhere indefinitely.
I believe Facebook is requiring people to tell them where they are living during these times and their comp is being adjusted according to cost of living.
BCG 4 Perhaps the consulting firms have typically not adjusted for geography but rest assured that there is high variance for software engineers within tech. This post about Facebook likely applies to many other tech companies.
FB already has geography adjusted salaries AFAIK, which is why it’s unsurprising that moving away the salaries would be adjusted. It’s not necessarily penalizing them - given how much more expensive rent is, if they live somewhere where they can afford a house and take a pay cut, they might still be coming out ahead.
I think it is highly possible as we prove increased effectiveness with decreased stress and strain on our bodies, expense budgets and the planet.