Permanently work from home? Tropical island edition
With almost 2 months of working from home, does anybody feel like we as bankers (IB,AM,PE,HF etc) could start to work from home on a permanent basis? I feel like the "you don't actuallu work from home" stigma has evaporated....
I can imagine making the same money and doing the same work not paying outrageous rent for a shared shoebox NYC apartment, and having the "office" on a nice, tropical, and cheap island in the same timezone. Or at least that's the dream
Any thoughts?
Same thoughts. Why is there a need to go in to a physical office 5 days a week? I think WFH will eventually will become a “perk” in some jobs
In tech you’ll find quite a few remote jobs. They typically have some sort of discount in terms of salary, but lots of people use that to their advantage. I know of someone who works for a big tech firm in SF, making roughly $200k, and he lives in a very low COL place like a king. His story isn’t very unique.
Wondering what kind of gig that is that he's in? Programming or something that an finance analyst could pivot into?
Not a banker, but I'm genuinely starting to love work from home.
Not in finance, but I do not need to be in the office at all. Yes it is nice to shoot the shit with coworkers and grab ideas from each other, but I also have friends and a social life (used to at least), and slack/teams/zoom for work communication.
Really dreading going back, but I plan on WFH full time in the near future. Can't wait to work from my porch on my sweet lakehouse/ski house up north (one day hopefully).
bro AMEN
I'm on the fence about it, maybe 3-4 days in the office and 1-2 wfh when things resume. I definitely like the office setting for hustling, but when it's a light day, I'd rather be able to just do it from my house. No point in spending 8-9 hours in the office and 40-50 minutes commuting for 5 hours of work.
Agree 100% with this. I was shocked to find out how much we're paying for rent a month. Id rather they gave us that money for better equipment to use at home. Would save the company a ton of money, plus no commuting for people either.
I have a coworker that when this all started was strongly against WFH and now they like it so much they plan on negotiating to WFH most days when things resume. Personally I would like to do at least 3 days/week WFH when things resume. I'm a first year analyst so that may not be acceptable unfortunately, even though my work has been the same as when in office.
We found an internal agreement that we can move countries, locations or similar for the foreseeable future. No need to return to our offices. 1 colleague has left to Canada, one went back to Europe (but has to dial in with time shifting) and 1 guy quit entirely (starting his own business).
I don't see why WFH can't work permanently.
I can't go back at this point. No way.
Our business has been working primarily from home for years. Some push back from potential clients at first but a happy stable team and good performance means we've not heard that in years.
what industry are you in
Gaining traction: https://www.wsj.com/articles/no-flights-no-problem-investment-bankers-e…
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