“We're not going to make that decision because we're pandering to employees”
Is there such a thing as “pandering to employees”? The employees are doing the real work to keep the company going, while Dimon’s work apparently includes appearing on news stations ridiculing said employees.
Hopefully the next headline we hear about J.P. Morgan will be a mass voluntary attrition.
All the valuable employees: go to work somewhere else
Jamie Dimon: shocked Pikachu
I worked for JPMorgan Chase before and this doesn't surprise me one bit. Such a backasswards company that cares little for its customers or its employees. I will forever avoid doing any sort of business with Chase for as long as I live. Complete trash.
Another dinosaur from the past century resisting ~~21th~~21st century.
Meanwhile, back in reality, my company isn't upside down on commercial real estate & likes making more money so we are getting a smaller office to house our servers & equipment.
This right here.
Find me a company deeply invested in office real estate (in particular, expecting a return on that real estate), and I'll show you a company against remote work.
The real detriments don't exist. True, I have met workers that don't like remote work: companies have latched on to those people as an excuse to continue what is otherwise an entirely transparent narrative.
If anything I gain productivity by working from home. I see companies that don't support that kind of work as entirely being behind the curve.
My company did the same. We had a six week assessment period where everyone was required to come in two days per week. Once that data showed no major difference in output, we got a smaller office (for receiving and such) and everyone was told the office is optional. Smart business that kept people happy.
never had a good experience dealing with Chase, I guess leadership feels the same for the employees?
Pay people during their commutes, they “clock in” as soon as they get into their cars and “clock out” only when they get home.
That rewards employees for living as far away from the office as possible. Is that a fair thing to do? I seriously don't know.
Does it? You are still working the same hours, it's just that you are spending some of those hours driving. I suppose if you like driving more than your actual job? On the other hand, it makes your labor more expensive, and thus you are less competitive if other people happen to work closer. Why pay someone 8 hours of pay for 4 hours of work when you can pay someone 8 hours of pay for 8 hours of work, either because they live next door or they work remotely?
you're right, let's scrap offices altogether and wfh 100%
Something tells me there might be a middle ground here.
Not rewards, incentivises, means the employer has a larger labor pool to pick from, which in capitalism is good.
But isn't making commutes longer a bad thing? Especially for the planet? And this is encouraging it.
Capitalism in general is bad for the planet
Pay people for the commute.
And for the commute time, regular pay
I would honestly rather have the time
His employees should take him up on that.
This is the ONLY thing they listen to. If you want to work from home and your employer doesn't let you, it's time to quit.
I have nothing bad to say about people who prefer going in to the office. I respect your preference and I understand it is necessary for some positions. You are valuable, too, and there's plenty of places that would love to have you.
There's room in this work world for both types of jobs. It's not an either-or choice.
Anyone who can WFH and wants to WFH should be allowed to do so, full stop.
Every billionaire is a policy failure.
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