Companies With Flexible Remote Work Policies Outperform On Revenue Growth::According to a new report, companies with flexible remote work policies outperform firms with more restrictive policies when it comes to revenue growth rates.
Companies With Flexible Remote Work Policies Outperform On Revenue Growth::According to a new report, companies with flexible remote work policies outperform firms with more restrictive policies when it comes to revenue growth rates.
Work from home is the future for businesses that 100% operate out of an office, and are basically only an office.
Why pay for a centralized building? Pay for upkeep? Pay taxes for the building?
Especially when the WFH model makes more money? Well, to the wealthy few they realize the soul-crushing work in-person model maintains their class status. This could upset their class structure, and they’re terrified of it.
But in a beautiful twist of fate for once, the legal decision to make growth the #1 goal of publicly traded companies is working against the class that instated them.
I’m popping a bottle of discounter champange when the ‘office-building-crisis’ starts
Hopefully they will become the desperately needed affordable housing.
Stop dreaming.
They won’t.
It’s prohibitively expensive to convert office buildings into residential. So prohibitively expensive, in fact, that it’s often more cost effective to demolish the entire building and rebuild residential in its place.
(At which point, of course, the owner will have sunk so much into their investment that the cost of the brand new housing will be as high as they can possibly make it and still fill the place.)
It’s definitely in the starting/fear of happening phase. In the US, I often see articles talking about the potential financial meltdown that empty office buildings are going to create.
There’s probably always going to be a central administrative place for handling mail, holding sensitive documents, etc. But it can all be a lot smaller than it is now.