C@LAg said:
BadMoonRisin said:
C@LAg said:
BadMoonRisin said:
If the main takeaway from this disease might be that employers need to make more of an effort for their employees to be enabled to work from home as a result, that's a pretty interesting net-gain -- from several perspectives.
Less petroleum consumed commuting, less overall pollution, less "green house gasses", less traffic, less congestion on over-stressed by-ways. More freedom for workers.
That's a net benefit. And something that might help mitigate the impact from the economic shocks that will be clear in the next 13-26 weeks. GDP will certainly be negative in the next two quarters....
less need to hire people locally, when you can pay less if they are overseas or places where cost of living (and salaries) are cheaper.
True, but what you are describing already exists...fact of the matter is that there are certain business functions that, while some are outsourced, are not trusted to be as accurate and trusted as those that are domestically sourced, in my own opinion.
i am talking outsourcing to other regions. Why pay Seattle level salaries for remote work when I can pay a damn good Kentucky salary and not have to pay seattle wages, Seattle B&O and headcount taxes, or spend money on Seattle office space.
Gotcha. You are correct. This is happening currently where I work and I presume will continue to happen throughout all non-required locale "industry" over the next 10 years. Proximity-to-location will continue to lose premium wages as infrastructure extends out and people can essentially do the same job from anywhere in the world.
Who knows the unintended consequences of this migration -- on the surface and at a glance, it would seem this would ease housing demand in urban areas. Seattle/Austin/Silicon Valley/San Fran being a few of many of such locales.
For years employers have been reluctant to adopt Work-From-Home policies because they believe their workforce would be significantly less-productive as a by-product -- if this unexpected quarantine still proves that the "trains will run on time" it will be interesting to pay attention to what happens to their hiring efforts.
I predict that the trend will be to hire still-qualified individuals, similarly educated, from other areas as a source of talent that will reduce payrolls, but do so domestically...
Basically, we will be "outsourcing" our labor to other areas of America with lower cost of living....you dont need to look to India, Singapore, Panama, Indonesia, as sources for lower-cost talent.
This has the potential to be a good thing.
