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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/careers/the-growing-disconnect-between-remote-workers-and-their-companies-f7519676
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/careers/the-growing-disconnect-between-remote-workers-and-their-companies-f7519676
Persons: Dow Jones
Remote workers say their connection to their company and its mission feels increasingly "gig-like," Gallup finds. According to a new Gallup survey, a record low 28% of remote workers felt their company's mission made them feel their job is important, down from 32% last year and 37% in 2020. Remote workers are also on the whole feeling less loyal, which could impact employee retention and productivity. For some companies, remote work fits since employers trust their workers to get the job done. Hybrid and fully remote workers did not have improvements in engagement, though 38% of both groups still report feeling engaged.
Persons: Goldman Sachs, what's, Organizations: Gallup, Service, Meta, Federal Reserve Bank of New, Manufacturing Survey, Business Locations: Wall, Silicon, India
The great remote work debateAs part of the war over remote work, employers and employees alike have debated whether or not a mandatory return-to-office policy actually works. With two kids at home, the flexibility of remote work — coupled with no commute — was a boon. The firms that are succeeding at remote work have saved money from giving up office leases and are making their employees feel happier along the way. "You're still in meetings, you're still engaged, but you're not under the thumb of somebody — not treated like a child." Have you quit over remote work, or are contemplating it?
Persons: Timothy Done, I've, you've, Sam Eitzen, Nicholas Bloom, Bloom, It's, Done, it's Organizations: Service, Workers, Stanford University, Federal Reserve Bank of New, Manufacturing Survey, Business, Survey, Microsoft, jkaplan Locations: Wall, Silicon, Egypt, Denver, Utah, It's, micromanagement
85,000 Kaiser Permanente workers are voting on whether to authorize a strike. If the Kaiser strike is authorized, it would be the nation's largest healthcare strike in history. As this summer — already jam-packed with labor activity — turns to fall, tens of thousands of Kaiser Permanente healthcare workers could find themselves on the picket line. The vote will last through mid-September, said Dave Regan, president of the SEIU United Healthcare Workers West, at a press conference on Thursday. With 85,000 members in its ranks, it would be the largest healthcare strike in the country's history, organizers say.
Persons: Kaiser, Dave Regan, Kaiser Permanente, Regan, Wayne Davis, Davis, Caroline Lucas, Liz Grigsby, COVID, Grigsby, Catherine Engler, Engler Organizations: Kaiser Permanente, Morning, Coalition, Kaiser Permanente Unions, SEIU United Healthcare Workers, Union, Organizers Locations: Kaiser, California , Colorado , Oregon, Washington, DC, Hawaii , Maryland, Virginia, Colorado
Goldman Sachs is asking employees to return to the office five days a week. The company is asking workers to come back to the office five days a week, according to a Bloomberg report. So they are increasingly asking employees to come back to the office full time, even if it means they lose some workers. Amazon is asking remote employees to return to the company's nearest "hub," which is a location assigned to them, or find work elsewhere. Even Zoom, the company that powered the remote work revolution during the COVID Era, is asking employees who work within 50 miles of its offices to return at least two days a week.
Persons: Goldman Sachs, We're, we're, Jason Greer, Greer Organizations: Service, Bloomberg, Greer Consulting, CNBC, Meta Locations: Wall, Silicon, COVID
Goldman Sachs is asking employees to return to the office five days a week. The company is asking workers to come back to the office five days a week, according to a Bloomberg report. So they are increasingly asking employees to come back to the office full time, even if it means they lose some workers. Meta is asking most employees to return at least three days a week after September 5 or they could potentially lose their jobs. Amazon is asking remote employees to return to the company's nearest "hub," which is a location assigned to them, or find work elsewhere.
Persons: Goldman Sachs, We're, we're, Jason Greer, Greer Organizations: Service, Bloomberg, Greer Consulting, CNBC, Meta Locations: Wall, Silicon, COVID
The full-time remote work the pandemic brought means she's been more available to her spouse, to her kids, and to just slow down a little bit. The messaging was shifting away from what a boon remote work was, and firms were saying instead that they needed people back in seats. Many, especially parents like Danielle, found themselves reconfiguring their lives around remote work and said it's been productive both professionally and personally. But for those thriving under remote work, firms' attempts — or orders —to get everyone back in has come as an unpleasant shock. Do you have strong feelings about remote work versus in-office work?
Persons: Danielle, they'd, it's, , you've, someone's Organizations: Service, Workers Locations: Wall, Silicon, Midwest
Amazon spokesperson Rob Munoz confirmed the relocation policy, and said it affects a small percentage of the company's workforce. The e-commerce giant said hub locations vary by team, and each team determines which locations are their hub. Amazon said it will end a perk next year that allows staffers to get one free drink at in-office coffee shops. The company also reduced the amount it reimburses for parking, and stopped providing free Uber rides to and from work, employees said. Amazon said it still reimburses employees' public transportation costs in all major metro areas, and provides free commuter shuttles and campus shuttles.
Persons: Rob Munoz, Munoz, Andy Jassy Organizations: CNBC, Amazon Locations: Texas, Seattle , New York, Austin , Texas, Arlington , Virginia, Seattle
But, unlike the Great Recession, there's been no rebound in chatting with each other even as more workers return to the office. All of a sudden, life and work could happen on their own terms, and where they wanted it. And some people may not want to socialize, or can't lead a social life the way they had before COVID, whether due to illness or other factors, such as increased susceptibility to disease. While quiet time and working from home might be a boon for work life, there's still the challenge of fitting socializing around it. "Now, on a Thursday I'm more likely to see people like a couple coming in and they're splitting their entrée."
Persons: hasn't, We're, Griffin Leeds, There's, I've, there's, haven't, Yvette Sheline, Emily Hessney Lynch, Lynch, It's, , Sheline, it's, I'm Organizations: Service, Bureau of Labor Statistics, Center, Neuromodulation, University of Pennsylvania, Survey, Leeds Locations: Wall, Silicon, Brooklyn
The company is putting in place detailed and mandatory rules for in-office and remote work. See new rules on badge tracking, monthly evaluations, and remote workers only allowed in-office a few days per quarter. Meta founder and CEO Mark Zuckerberg used to say remote work was the way of the future . Meta's guidelines appear to be tailored specifically to avoid remote workers having their cake, and eating it, too. Both will be evaluated monthly, for in-office and remote workers, and employees found to be non-compliant will be notified.
Persons: Mark Zuckerberg, Lori Goler, Meta, Andy Jassy, Zuckerberg, Kali Hays, Hugh Langley Organizations: Meta, Facebook, Google, Employees, Twitter Locations: khays
Instacart is going public. For real, this time.
  + stars: | 2023-08-18 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +3 min
Instacart is reportedly planning to go public in an IPO as soon as September, per Bloomberg. The reported IPO plans come weeks after Instacart cut base pay for its shoppers to $4 per order from $7. Demand for grocery delivery rose in the early months of 2020 as consumers avoided going to stores and socially distanced to avoid catching and spreading COVID-19. Instacart reportedly filed for a direct listing in early 2022. Instacart CEO Fidji Simo cited the slow IPO market as one reason Instacart delayed its offering again, the Journal reported last October.
Persons: Instacart, You'll, we've, Fidji Simo Organizations: Bloomberg, Service, US Securities and Exchange Commission, CNBC, Morning, Wall Street Locations: Wall, Silicon
Meta in June said it wanted workers to come into the office three days a week. Employees already approved for fully remote work do not have to comply with the three-day per week mandate. Managers at Meta will be responsible for following up with workers on a monthly basis, making sure they are complying with RTO. STATUS TOOL• Everyone - both office and remote workers - must keep the Status Tool updated with your work location, ideally 2 weeks in advance. Leaders can include global office locations and remote work (internal only) as part of their strategy.
Persons: Meta, Lori Goler, Goler, Mark Zuckerberg, Tim Ferris, Zuckerberg, we're, , isn't, you'll, Kali Hays, Hugh Langley Organizations: Facebook, Meta, RTO, Workers, Labor, Office, Org, Twitter Locations: that's, khays
It shows how remote workers, or hybrid workers, crave a third space that isn't work or home. As the Wall Street Journal reports, gyms are the latest venture to break into offering coworking space. Its website touts that the gym's members lounge "offers communal work tables and social lounge spaces available from open until close for all club members," where members can "catch up on some work" or "just relax after your workout." As research on remote workers' time use shows, more are using their breaks to work out or participate in other leisure activities. That could explain why a gym-based coworking space is so appealing: You get the ability to socialize, work out, and still get your work done.
Persons: crave, Chelsea, Chelsea Piers, Nick Bloom, Bloom Organizations: Service, Wall Street Journal, Chelsea, Stanford Locations: Wall, Silicon, Brooklyn
Recent research found that fully remote workers were less productive than office workers. A recent analysis of multiple studies by the Stanford economist Nick Bloom, a leading remote-work expert, found that fully remote workers were 10% to 20% less productive than their in-office counterparts. But the research has found, on average, those working in the office at least some of the time are more productive . Even Zoom, which is synonymous with remote work, recently called some employees back to the office for at least two days a week. Bloom recently estimated 60% of Americans worked fully in person, 30% worked in person between one and four days per week, and 10% worked fully remotely.
Persons: Nick Bloom, Mark Zuckerberg, Marc Benioff, Jeff Moriarty, Moriarty, he's, Kate Ecke, Ecke, telehealth, it's, Raj Choudhury, Stanford's Bloom, Bloom Organizations: Service, National Bureau of Economic Research, Stanford, Bureau of Labor Statistics —, Meta, Harvard Business School Locations: Wall, Silicon, India, Chicago, New Jersey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWork-from-home to the rescue? How remote workers are fueling the labor forceCNBC's Steve Liesman and Roger Ferguson, former Federal Reserve vice chairman, join 'Squawk Box' to discuss whether work-from-home workers are fueling the rebound in labor supply and benefitting the broader economy, the impact on inflation and the Fed's rate hike campaign, and more.
Persons: Steve Liesman, Roger Ferguson Organizations: Federal Reserve
The latest must-have amenity in luxury New York City apartment buildings: a designated coworking space for remote workers. Apartment developers are building out private offices, conference rooms and even podcasting booths to capitalize on a lingering work-from-home trend. "A coworking space was actually the top of my list when I was touring," said Lauren Wells, a fashion designer and a resident at 420 Kent in Williamsburg. "When I need to meet with a customer for work, I can just bring up some of my work create a little space up there." Rent at each of the luxury rental buildings can run up to $7,950 per month for a one-bedroom apartment, while a studio for sale can cost nearly $1 million.
Persons: Matthew Villetto, Douglas, Lauren Wells Organizations: Pew Research Center, Development, Financial District Locations: New York City, Kent, Williamsburg, East Harlem, Washington, Tribeca
But in order to fully benefit from in-office work, young-tenured employees also need experienced employees to work in the office as well. Now before the pitchforks come for me, I'm 100% supportive of remote work and I'm fully supportive of employee flexibility and all the great things that come with working remotely. But while many people talk about the benefits of remote work, few talk about its consequences. I've witnessed frequent situations where team members are reinventing the wheel due to reduced communication related to remote work. As a leader, my job is to create opportunities for team members to succeed, but also to be challenged.
Persons: Brandon Southern, I've, It's, Organizations: eBay, GameStop
Tayfun Coskun | Anadolu Agency | Getty ImagesHow student loan aid works as an employee benefitStudent loan assistance programs come in a number of forms, and the benefit's value can vary widely. So it's worth digging into the terms before you make it a deciding factor in your job hunt, experts say. Total outstanding student loan debt is estimated to be over $1.7 trillion. "With very low unemployment rates, employers will be more willing to offer student loan assistance to attract and retain qualified employees," said higher education expert Mark Kantrowitz. Although, he noted, a higher salary does allow workers to pay off their debt at a faster pace on their own.
Persons: ABT, Tayfun, Mark Kantrowitz Organizations: Anadolu Agency, Getty, Fidelity Locations: View , California, United States
A study from economists at MIT and UCLA found productivity dropped when people worked from home. The study observed groups of data-entry workers in India working from home and from the office. Some workers argue they're more productive working remotely. Those in the work-from-home group were 18% less productive than those working from the office. Why data-entry workers?
Persons: It's, David Atkin, Andy Jassy, Zuckerberg's Meta Organizations: MIT, UCLA, Service, National Bureau of Economic Research, Massachusetts Institute of Technology, University of California, Fortune, Microsoft, Amazon Locations: India, Wall, Silicon, Los Angeles, Chennai
Jerry Jaskowiak works remotely from Haig Point on Daufuskie Island in South Carolina. The Haig Point community on Daufuskie Island is "car-free" and has only 533 residents. My wife visited Daufuskie Island with some friends and loved the vibe, so she kept returning. Correction: August 9, 2023 – An earlier version of this story stated that there were no cars on Daufuskie Island. The private community Haig Point on Daufuskie Island where Jerry Jaskowiak lives does not permit residents to drive gas-powered vehicles.
Persons: Jerry Jaskowiak, Haig, I've, We'd, Instacart Organizations: Service, Haig, Starbucks, Welcome, Haig Point, Welcome Center, Food Locations: Daufuskie, South Carolina, Wall, Silicon, Oldfield , South Carolina, Haig
Jerry Jaskowiak works remotely from Haig Point on Daufuskie Island in South Carolina. The fees are higher at Haig Point to cover the cost of the ferry, but it didn't take much adjusting to. We wanted to make some small changes to our new Haig Point house. Haig Point has a big golf community, and as a result, golf carts are the main form of transport on the island. Working remotely from such a beautiful place has improved my work-life balanceI work remotely as the president of an investment-accounting company.
Persons: Jerry Jaskowiak, Haig, I've, We'd Organizations: Service, Haig, Starbucks, Welcome, Welcome Center, Food Locations: Daufuskie, South Carolina, Wall, Silicon, Oldfield , South Carolina, Haig
A new study looks at the productivity of remote workers versus those in-office. It showed that productivity dropped by 18% among a group of workers randomly assigned to WFH. More employers are pushing for workers to return to the office in a hybrid role or full-time. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Meanwhile, JPMorgan kickstarted a trend across Wall Street to instill a back-to-office mandate for its managing directors.
Persons: Michael Bloomberg Organizations: Service, National Bureau of Economic Research, Workers, McKinsey, Pew Research, NYC, Bloomberg, JPMorgan Locations: Wall, Silicon, Chennai
Google is offering staff a promotion to stay at its on-campus hotel for $99 a night, CNBC reported. The promotion said it would "make it easier for Googlers to transition to the hybrid workplace," CNBC reported. The Google promotion said it would "make it easier for Googlers to transition to the hybrid workplace," CNBC reported. Though, workers will be expected to pay for the hotel stay out-of-pocket as it will not be considered refundable business travel, the publication said. The promotion appears to be one of several steps Google has taken to bring more remote workers back into the office.
Persons: Ryan Lamont, Googlers, it's, pushback, Insider's Hugh Langley Organizations: Google, CNBC, Staff, Morning Locations: Francisco, Mountain View , California, San Francisco
Some people have taken to renting out SpaceX Starlink kits on Facebook Marketplace. One startup CEO said he'd found a renter that was making $5,000 a month renting out seven devices. People are taking to Facebook Marketplace to rent out SpaceX's Starlink satellite internet for vacationers and remote workers. Facebook MartketplaceInsider identified over a dozen Starlink rental listings on Facebook Marketplace with prices ranging from $25 to $35 per day. Facebook Marketplace isn't the only place people are attempting to turn Starlink into a side hustle.
Persons: he'd, Austen Allred, Allred, Thomas Sands, McKenzie Coffman, Coffman, PCMag, Elon Organizations: SpaceX, Facebook, Morning Locations: North Carolina
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