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Here's how firms use "bossware" to keep tabs on employees, from tracking keystrokes to breaks. AdvertisementAdvertisementJPMorgan's dashboard "provides the percentage of days employees were in the office out of the possible eligible days," a description on the company intranet says. AdvertisementAdvertisement"We help companies get peace of mind with productivity analytics," he previously told Insider. Sensors tracking employees' whereabouts in the officeSome employers may even keep tabs on where employees spend the most time in the office. CEO Alex Birch previously told Insider the devices don't identify individuals but render them as dots on a screen.
Persons: , Insider's Eugene Kim, Rob Munoz, Goldman Sachs, it's, Carlo Borja, Insider's Reed Alexander, Alex Birch, Big, It's, Sean Grundy Organizations: Service, JPMorgan, Bevi
I toured 160 Water Street, a major office-to-residential conversion in New York City. That's the whole point at 160 Water Street. In a past life, 160 Water Street was an office building in New York City's financial district. Standing next to 180 Water Street — an office building that was converted into units back in 2017 — 160 Water Street is preparing to welcome tenants by the end of the year. I got the opportunity to tour the building and saw just how much the rise of remote work is shaping how we use our spaces.
Persons: , that's, That's, Dan Garodnick, It's Organizations: Service, Colliers, New York City's Department of City Planning, Vanbarton Group Locations: New York City, New York
Meta's mandatory return to office is 'a mess'
  + stars: | 2023-09-29 | by ( Kali Hays | ) www.businessinsider.com   time to read: +5 min
Meta's return to office mandate has gone about as well as the metaverse so far. One person noted that, after days of trying to get a room for a meeting at Meta's campus in Menlo Park, a small room became available. They assume the backlog of remote work applications to be "in the thousands." Coming in to be on ZoomOne employee noted their team is mostly in other offices. Others are in the same boat, at least for several more weeks, as they wait for remote work applications to be approved.
Persons: They've, Meta's, let's, they're, We've, Adam Mosseri Matt Winkelmeyer, Adam Mosseri, Instagram, they'd, Lori Goler Organizations: Meta, Menlo Park Locations: Menlo Park
Amazon is now tracking and sharing individual office attendance records, a reversal of an old policy, as the company doubles down on forcing employees back into the office. Amazon employees in the US are now able to see a "Badge Report" on their own internal HR dashboard, according to a screenshot obtained by Insider. The report shows "days badged per week" data and the exact "days of week" each employee badged-in for each of the past 8 weeks. The report excludes data for non-corporate Amazon buildings, like warehouses, data centers, and 3rd party offices such as WeWork. The memo added badge data is not available to employees in Germany, France, Italy, the Netherlands, Luxembourg, Korea, or Taiwan.
Persons: Peter DeSantis, Rob Munoz, Munoz, Andy Jassy, it's Locations: Germany, France, Italy, Netherlands, Luxembourg, Korea, Taiwan
Insider Today: Finance's next generation
  + stars: | 2023-09-27 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +8 min
This post originally appeared in the Insider Today newsletter. Tech: An Amazon exec told employees the tech giant's RTO plans could take up to three years. An Amazon exec told employees the tech giant's RTO plans could take up to three years. Insider is again highlighting some of the brightest young minds in finance with our annual list of Wall Street's rising stars. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.
Persons: , Harrison, Alyssa Powell, Michelle Abrego, Luna McKeon, Michael Dunn Goekjian, Anne, Victoire Auriault, Goldman Sachs, Jack Dillon didn't, Thom Browne, Dillon, Patrick McGoldrick, Pat, Liu Jie, That'll, Jeffrey Epstein, Jes Staley, Epstein, Bill Tompkins, Donald Trump, it's, Austin Harris, Chris Pizzello, Ron DeSantis, Mike Pence, Vivek Ramaswamy, Mark Zuckerberg, Lil Wayne, Avril Lavigne, Jenna Ortega, Gwyneth Paltrow, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Tech, Amazon, Jack Dillon didn't nab, Vista Equity Partners, New England Patriots, Morgan Asset Management, Getty, Verizon, JPMorgan, US Virgin Islands, SVP, Microsoft, FTC, Federal Trade Commission, AP, Fox Business, Florida Gov, Meta, Publishing Locations: Xinhua, Delta, Northern California, San Francisco, Florida, New York City, San Diego, London, New York
He also told employees to share anecdotes of being pressured to immediately relocate with his HR team, so he could "dig into" those situations. "I think we created some noise, which I think is important because we really do want people back in the office," DeSantis said, according to the transcript. 'Take another whack at clarifying this message'At the town hall meeting, DeSantis said the employees who were asked to relocate were those "in purely virtual locations." 'Kind of a nudge'In August, many Amazon employees received an email accusing them of not adhering to the company's RTO policy. The warning email, he said, was "well-intentioned" and only meant to be a "nudge" for people who weren't complying.
Persons: hasn't, Peter DeSantis, DeSantis, Rob Munoz, Munoz, Andy Jassy Michael M, Andy Jassy's, what's Organizations: Amazon, Utility Computing
That's more than twice as frenzied as the rush for remote jobs at the beginning of last year. And third, there's been a dramatic slowdown in tech, the industry that supercharged the boom in remote work. The few remaining employers that continue to offer remote jobs have been overwhelmed by the surge of interest. AdvertisementAdvertisementWith so few openings, candidates for remote jobs are being forced to hustle like never before. The dream of remote work, it appears, will soon be more remote than ever.
Persons: That's, Ashlee Anderson, there's, Angel Medina hasn't, it's, he's, He's, It's, Medina, Atlassian, , Barbara Matthews, Lisa Nielsen, Slack, they're, Matthews, Anderson, we're, Aki Ito Organizations: Cribl, Harvard, Verizon, Google, subreddits, Meta, Comcast Locations: Ohio, Cribl
She relocated to Raleigh, NC, five days before Amazon announced its return-to-office order. Carter couldn't afford to move again, so she quit her job at Amazon. When I was hired, Amazon office employees were working remotely. In March, less than a week after I moved, Amazon issued its RTO order. Employees had to be working in the office for a minimum of three days a week from May 1.
Persons: Sophia Carter, Carter couldn't, Sophie Carter, Sophia Carter I've, I've, RTO, Raleigh Organizations: Amazon, Service, Raleigh, Employees Locations: Chicago, Raleigh , NC, Wall, Silicon, Raleigh , North Carolina, Amazon
Since the beginning of the pandemic, corporate bosses have used Labor Day as a benchmark to call workers back to offices. New data shows that office attendance rates have, indeed, picked up since 2020, though even the latest annual autumn push shows the limits to how many more people may return. It begs the question as another Labor Day return has come and gone: Is anyone taking new RTO announcements seriously? 1 reason people don't want to use their office, according to an October 2022 Gartner survey, followed closely by the cost of going into the office. Half of workers say RTO prioritizes leader desires over employee needs
Persons: it's, Caitlin Duffy, There's, Duffy, Natalie Norfus, I'm, Norfus, RTO Organizations: Google, Kastle Systems, Gartner, Labor Locations: U.S, Montana, Covid
Layoffs, busywork, and fights over remote work have stressed out many managers. More managers than non-managers are looking for new job opportunities, a Gallup survey found. Managers like Kyle are burning out and looking for jobs more aggressively, a recent Gallup survey found. Kyle said the staffing industry began seeing high-level layoffs last year and his company cracked down on remote work. However, now that he's had to crack down on company policies, like return-to-office, Kyle fears more employees will leave.
Persons: Kyle, He's, We've, we've, I'm, you've, Heather Barrett, I've, Gallup, Barrett, he's Organizations: Gallup, Service, ADP Research Locations: Wall, Silicon
Billionaire investor Bill Ackman seems to have found a formula against the return-to-office pushback. His employees at Pershing Square can work from anywhere in July and August. Ackman said the arrangement has been working well for Pershing Square staff, who like the balance. While many companies are still trying to figure out the best work arrangements amid pushback against RTO orders, billionaire investor Bill Ackman appears to have found a solution he thinks is working. Pershing Square did not immediately respond to a request for comment from Insider sent outside regular business hours.
Persons: Bill Ackman, Ackman, that's, Ackman's, Elon Musk, Jamie Dimon, Marc Andreessen, Dimon, Musk Organizations: Pershing, Pershing Square, Service, Capital Management, New York, Forbes, SpaceX, JPMorgan, CNBC Locations: Wall, Silicon
Salesforce's CEO opened up about remote work, saying that he doesn't "work well in an office." His comments come after Salesforce mandated some of its workers to return to the office. I've always been a remote worker my whole life," Benioff told MSNBC last week during Salesforce's annual Dreamforce conference. AdvertisementAdvertisementLike many companies, Salesforce embraced remote work during the pandemic. In June, Salesforce incentivized workers to return to the office by offering a $10 charity donation for each day an employee worked in person.
Persons: Marc Benioff, I've, Benioff, Brent Hyder, Salesforce's, Salesforce, Kara Swisher, Andy Jassy, Meta, Goldman Sachs Organizations: Companies, Service, MSNBC Locations: Wall, Silicon
TikTok is cracking down on its return-to-office policy with new employee surveillance tools. The social app has implemented a new tool called MyRTO that monitors in-person office attendance. MyRTO tracks badge swipes and asks staff to explain "deviations" from expected in-person attendance. The New York Times reports the social media company has implemented a new internal software called MyRTO to track and enforce its strict return-to-office policy. MyRTO monitors badge swipes that employees make when entering the office and asks workers to explain "deviations" from anticipated in-person attendance, the outlet reported.
Persons: TikTok, ByteDance, — Elon Musk Organizations: Service, New York Times, Forbes Locations: Wall, Silicon
The boss is back in charge
  + stars: | 2023-09-17 | by ( Beatrice Nolan | Sarah Jackson | ) www.businessinsider.com   time to read: +7 min
After a brief transition of power to workers, it feels like bosses are back in charge. Between the rise of AI, return-to-office mandates, and layoffs — employee anxiety is high. Between the rise of job-threatening AI, strict return-to-office mandates, and sweeping layoffs, it feels like bosses are clawing back what little remains of employees' power . The economic trend began in early 2021 in the wake of the pandemic and saw millions of workers quit their jobs . AdvertisementAdvertisementThe charge is largely being led by Big Tech and banks, with varying degrees of severity and pushback.
Persons: didn't, Peter Cappelli, Cappelli, Erin Kelly, Stanford, Nick Bloom, they're, Raj Choudhury, OpenAI's ChatGPT Organizations: Service, Companies, Wharton Business School, MIT Sloan, Big Tech, Amazon, Web Services, Harvard Business School, Octopus Energy Locations: Wall, Silicon
Frontier Airlines CEO Barry Biffle criticized remote work, saying the pandemic made people lazy. Biffle joins a growing list of execs critical of remote work, including Elon Musk and David Solomon. Frontier Airlines CEO Barry Biffle criticized working from home while speaking at Morgan Stanley's Laguna Conference this week, saying the pandemic made people lazy and that workers have gotten less productive as a result. AdvertisementAdvertisement"This is not ideal for us, and it's not a new normal," Solomon said at a conference in February 2021 regarding remote work, Bloomberg reported. AdvertisementAdvertisementAs the debate over working from home continues, there have been conflicting conclusions from studies on whether remote work is conducive to productivity.
Persons: Barry Biffle, Biffle, Elon Musk, David Solomon, they're, We're, Biffle isn't, Elon, Tim Gurner, Alexandria Ocasio, COVID, Gurner, Goldman Sachs, it's, Solomon, Mark Zuckerberg, Meta, Zuckerberg, Brian Chesky, Airbnb, Prithwiraj Choudhury Organizations: Frontier, Elon, Service, America . Frontier Airlines, Morgan, Laguna Conference, Frontier Airlines, Meta, Apple, Google, CNBC, Millionaire, Bloomberg, Engineers, Harvard Business School, Companies, Street Journal, Research Locations: Wall, Silicon, America, Cortez, Australia, Airbnbs, India
However, that is exactly what some companies want, according to workplace experts that CNBC Make It spoke to. RTO is a cheap and dirty way for companies to avoid legal complications and financial obligations associated with layoffs. "Rolling back those gains, such as remote work and flexible hours, is audacious, but companies are daring employees to quit," Ruettimann added. "RTO is a cheap and dirty way for companies to avoid legal complications and financial obligations associated with layoffs," said Ruettimann. "Announcing direct layoffs can lead to a drop in morale among remaining employees, which could affect productivity and overall workplace atmosphere," he added.
Persons: Dan Schawbel, Laurie Ruettimann, Meghan Biro, Schawbel, Ruettimann, It's Organizations: Companies, Workplace Intelligence, New York Times, CNBC, Bloomberg, Employees
Elon Musk has been a workaholic since at least 1995. Musk's obsession with work has set a precedent for CEOs who are aggressively enforcing RTO policies. AdvertisementAdvertisementJim Ambras, an early employee at Zip2, recalled that Elon Musk had no pillow or sleeping bag. This kind of approach to work has stayed with Elon Musk throughout his career. AdvertisementAdvertisementMany of Elon Musk's and other CEOs' employees excel in their roles but have little interest in pursuing a workaholic, "hardcore" lifestyle.
Persons: Elon Musk, Kimbal, Walter Isaacson, Zip2, Elon Musk's, Isaacson, Jim Ambras, Mohr, Goldman Sachs, David Solomon Organizations: Service, YMCA, Elon, Mohr Davidow Ventures, Twitter, Wall Street Locations: Wall, Silicon, Palo Alto, Zip2
Some employers are turning to sensors that can tell when a person is sitting at a desk or using a conference room. So if you have sensors, you're able to release the no-shows and put those back into the pool," he said. What the office water cooler actually revealsThere are other ways that measuring office occupancy can help understand employee habits. In 2019, 21% of flavored-water hounds in East Coast offices were using Bevi machines early or late in the day. This year as more companies have been instituting RTO mandates, getting workers back to the office — and knowing they're there — has been a heated fight .
Persons: Alex Birch, Kathleen Hall, Birch, Big, It's, Sean Grundy, Bevi, they're, Grundy, , Goldman Sachs, I'd Organizations: Service, Google, Citadel, Deloitte Locations: Wall, Silicon, Australian, East Coast, Boston
Employers have unique ways of telling how full their offices are. There's more interest now that more bosses are calling their workers back to the office. What the office water cooler actually revealsThere are other ways that measuring office occupancy can help understand employee habits. In 2019, 21% of flavored-water hounds in East Coast offices were using Bevi machines early or late in the day. The difference between RTO mandates and knowing how office space is being usedThese metrics aren't the same as tracking badge swipes .
Persons: Alex Birch, Kathleen Hall, Birch, Big, It's, Sean Grundy, Bevi, they're, Grundy, , Goldman Sachs, I'd Organizations: Service, Google, Citadel, Deloitte Locations: Wall, Silicon, Australian, East Coast, Boston
The dating app told employees to start working from an office 2 days a week or lose their jobs. The Communication Workers of America union said about 80 of its 178 workers rejected the RTO order. Last month the LGBTQ+ dating app told employees to starting work in the office two days a week from October or face dismissal after August 31. A representative for Grindr told Bloomberg the union claims were without merit and that it was "returning to the office in a hybrid model in October." Google has been telling employees to show up at the office three days a week since April 2022, and Meta followed suit in June.
Persons: Grindr, Grindr didn't, Meta Organizations: Communication Workers of America, Service, Communications Workers, America, Bloomberg, United, CWA, National Labor Relations Board, Wired, Tiga Acquisition Corp, Beijing Kunlun Tech, Vicente, Meta, Google Locations: Wall, Silicon, Chicago , Los Angeles, San Francisco Bay, Beijing Kunlun, Delaware
Remote work exploded during the pandemic, and now it's a genie out of the bottle. Remote workers are more likely to be college-educated and in higher-income brackets. Several workers Insider spoke to said they've left jobs — and even took pay cuts — to stay at home. AdvertisementAdvertisementSo who are the remote workers of America? They're likely to be more educated, run errands during the day, and are willing to do whatever it takes to stay at home.
Persons: It's, Timothy Done, they've Organizations: Service, Bureau of Labor Statistics, American, Survey Locations: Wall, Silicon, America
The first time I worked at Amazon I was on the same team the entire time, so I was already looking for a change. That was sort of the final thing that pushed me to look outside of Amazon and take a new job. I'm angry, I'm frustrated. I've never seen Amazon make any sort of large-scale, top-down mandate like this without some sort of reason behind it. The jobs I'm looking at are significant pay cuts.
Persons: Andy Jassy, It's, I've, I'm, Slack, Brad Glasser, we've Organizations: Amazon Locations: Amazon, Seattle
New York CNN —Some big-name employers are signaling they will get tough on enforcing their return-to-office mandates after Labor Day. It’s hard to say whether such moves by well-known companies signal a broader trend of employers getting serious about enforcing RTO policies. Meanwhile, one study suggests the hours employees spend at work on the days they do go in may be changing. The state of enforcementFor all the various data and research that seeks to capture the reality and impact of hybrid work policies, it’s hard to find nationally representative, statistically significant samplings of HR executives detailing their organization’s return-to-office policies or enforcement strategies. For example, the HR team at Gartner, which helps clients design and implement workplace policies, did a live poll survey of 225 of its HR clients during a webinar on May 31.
Persons: Andy Jassy, unaddressed, haven’t, webinar, Organizations: New, New York CNN, Labor, Amazon, Meta, Business, Merck, Kastle, Kastle Systems, Survey, Instituto Tecnologico Autonomo, Stanford University, The University of Chicago, Gartner, Locations: New York, Kastle, Instituto Tecnologico Autonomo de Mexico
So I can say from experience that today's corporate return-to-office mandates are ridiculous, unnecessary and, in some instances, even cruel. For one, CEOs and CFOs are looking at big expenditures on corporate offices that remain either empty or are vastly oversized. The best run companies are focusing more on the thing they can best measure from afar: the work employees actually do. Not only do you do the work, you also eat there, work out there, and do your hobbies on campus. An office work environment will naturally evolve back to being a social hub over time, without draconian mandates that lack data and research to support them.
Persons: Andy Jassy, Mike Blake, Zoom, Robert Johnson, doesn't, Aki Ito, Mark Zuckerberg, there's Organizations: Morning, Amazon, REUTERS, Business, Stanford, Yahoo, AP Locations: San Jose , California, New York, India, China, Santa Monica, Calif
According to Goldman's chief economist, Jan Hatzius, some 25% of all US workers work from home at least part of the week. So, which Wall Street firms are still letting employees work from home at least part of the time? On days employees are in, the firm focuses on taking "advantage of our shared location," it reads. At that time, the firm called for its employees to come into the office a minimum of three days a week. Since then, most employees have been in the office throughout the week, according to a person familiar with the firm.
Persons: Goldman Sachs, David Solomon, Citadel's Ken Griffin, Joe Biden, Jan Hatzius, Hatzius, Jamie Dimon, Goldman, Goldman Sachs Goldman Sachs, , Dimon, JPMorgan Gretchen Ertl, Jane Fraser, she's, Fraser, they're, Citigroup Patrick, Fallon, Brian T, Moynihan, Bank of America Shannon Stapleton, Reuters Morgan Stanley Morgan Stanley's, James Gorman, Gorman, Gorman doesn't, Morgan Stanley, we're, James Gorman SAUL LOEB, Larry Fink, Larry Fink Spencer Platt, Citadel's Griffin, Griffin, Raj Mahajan, Ken Griffin, Milken, Mike Blake, Blackstone, Stephen Schwarzman Roy Rochlin, Nir Bar Dea, Izzy Englander's Organizations: JPMorgan, Blackstone, Morning, Citadel, Bloomberg, Business, Deloitte, JPMorgan JPMorgan, Goldman, Citigroup, Street, Bank, Economic, Getty Images Bank of America Bank of, Bank of America, Reuters, Getty, BlackRock BlackRock, Yards, Labor, Fox, BlackRock, Citadel Securities, Blackstone Blackstone, Bridgewater Bridgewater Associates, Bridgewater Associates, Bridgewater Locations: Citadel, Davos, Switzerland, New York City
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