Return to office is ‘dead,’ Stanford economist says. Here’s why::The share of workers being called back to the office has flatlined, suggesting remote work is an entrenched feature of the U.S. labor market.
Among the primary benefits: no commute, flexible work schedules and less time getting ready for work, according to WFH Research.
They forgot: being able to secretly simultaneously work 3 full-time overlapping jobs to triple your income.
I had a coworker who did exactly this back in the '90s. He was an expert in a really obscure programming/database platform/language from the 1970s (called “Cyborg”) that only had a few people left that knew anything about it. It took literally hours to compile even the tiniest code changes so his job mostly involved sitting around doing nothing waiting for the compiler to finish. He managed to eventually get a WFH situation (with dialup lol) that paid him $300 an hour, then went out and got two other similar WFH jobs that paid the same since his actual work load was just a few minutes per day for each. $900 an hour in the 1990s.
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This is the thing. Remote work as an option helps everyone. Lower costs for the employer, happier employees, the people who do want to work in an office have a better time because it’s less crowded, the people who need to care for kids or parents have an easier time…it’s entirely a win for everyone.
Except real estate companies, and therein lies the problem.
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It’s even good for the environment! The amount of time, money, and energy (and that energy needs to be generated somehow) used to support everyone’s daily commute is IMMENSE. More than a few cities noted significantly improved air quality when the quarantines were in effect in 2020, and there’s still a noticeable difference in a lot of places.
