Ight monkeys I'm curious to see everyone's thoughts on this now that we're roughly 1 year into Covid. If you had all the power and made all of the rules, what would you do?
What would your companywide work from home policy be?
What would you do personally?
Also for classification purposes please include
size of firm
industry
experience/level
rough geography
pre-Covid WFH %
company's current WFH policy
for me it's like this
What would your companywide work from home policy be?
I'd make it completely optional with the understanding that if you're not at least in the office 50% of the time, you don't have a dedicated desk. In my firm and among my team, our productivity is still great with 100% WFH, but some people still like the office
What would you do personally?
Personally, I'd only go into the office for team and client meetings, would end up being 80% WFH/travel and 20% office. I'd also finally (FINALLY) get that place in south florida and give a middle finger to winter
size of firm - BB
industry - PWM
experience/level - >10y, partner/PM
rough geography - southeast tier 2 city
pre-Covid WFH % - 0%
company's current WFH policy - nearly everyone WFH, some offices allowing a % of EEs who want it, not mandatory, but haven't updated permanent policies
Going into IB this summer, but my preference would be in the office Tuesday-Thursday with Monday and Friday being optional.
I vote for completely optional...
Firm: buyside
Role: research
My company already had a pretty flexible WFH policy pre COVID, but I’d like to see that become even more prevalent and for them to, over time, provide provisions to build ones own home office (we weren’t given any money for an office setup).
I’ve loved working from home, so I would plan to stay there for the time being.
Size of firm: Large
Industry: consulting
Experience: 2 years
Geography: US
Pre COVID wfh %: a couple days when visiting family around holidays
Current policy: flexible, but needs to be applied for and approved. I’d prefer it just become the norm
Going full time remote and am happy to be able to leave the northeast. I am planning to move to Santa Cruz/Monterey Bay area
size of firm - Medium
industry - Asset Management
experience/level - ~10y, VP
rough geography - northeast
pre-Covid WFH % - 40%
interesting, clearly not for CoL reasons. are you from the area originally, like to surf, or some other reason?
Yes, definitely not for CoL reasons, but I currently living in an area with similar taxes and housing prices.
I absolutely love Mediterranean climates, mountains, redwoods and beaches. I know if I didn't move to California I would definitely regret it especially because I could afford to. It looks like almost every Mediterranean climate has pricey real estate so it just is what it is.
All of my siblings live in CA/WA now and my parents will be retiring in Jackson WY. My cousins are originally from the Bay area as well.
I also wanted to consider what I would do if my employer had layoffs. If I want to be able to maintain my income I need to live near the Bay Area/LA/Seattle/NYC/Chicago or Boston. I want to buy a forever home and have an easy backup plan if things change.
Size of Firm - Buyside (~$500M)
Industry - RE
Experience Level - 5Y, Associate
Rough Geography - Southeast, not a major city
Pre-Covid WFH% - 0%
I was working in the EU for a REPE firm 100% in office, returned to the US last fall during Covid and now am fully remote indefinitely. I prefer WFH, but I also recognize how working in close proximity helps with training, moving up, and overall comradery. I've had great experience working from home and avoiding the daily commute alleviates a lot of stress imo.
My preference for firms shifting policies would be to have it be fully optional. This way the office rats can come in if they feel the need to facetime / give seniors BJs, and the hermits can stay at home or work from somewhere warm / fun. If I had the choice I'd probably never go into the office again just because investment bankers aren't exactly a fun group of people to be around and there is 0 value added to my work output having to personally interact with them.
Size of firm - Medium
Industry - Banking
Experience/level - 5years, 2nd year ASO
Geography - NYC
Pre-Covid WFH % - ~10% if count logging in at home after leaving office. 0% if you don't count that
Do you think you would have a different answer if you were a first year analyst? Seems like many of the issues in banking have been exacerbated by juniors not being able to meet and connect with each other.
Yes I would absolutely hate being fully WFH as an analyst
If you prefer to have to wake up early every morning so you can be on time to sit in a fluorescently-lit office and smell other men's farts all day, you're a fucking psychopath.
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