Should You Keep Working From Home Post-Covid?
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Here's your Money Briefing for Friday, March 19th. I'm J.R. Whalen for The Wall Street Journal. A year ago, many companies had no choice but to send workers home amid government-ordered lockdowns. Now, as pandemic restrictions ease, employers are mapping out plans to start bringing people back. But what if you're given the option to telecommute permanently? Should you take it? It's not an easy question.
You were part of that team. They're in the office, you're not. They just start making decisions without you. I mean, it's not that they are cutting you out of official meetings, but a lot of decisions happen in the halls. A lot of conversation happens informally. And, you know, they don't schedule a Zoom call with you every time they've just popped into somebody else's office and something comes up.
Coming up, Peter Capelli, professor of management at the University of Pennsylvania's Wharton School of Business, will discuss key questions you should be asking before you start telecommuting long term. That's after the break.
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What decision should you make when offered permanent remote work?
They want your innovation. ReliaQuest fortifies your business with agentic defense, AI that detects, contains, and eliminates cyber threats in minutes. It helps your security team move faster at the work that matters most to protect the business now and delivers insights to help them predict what's next. ReliaQuest, agentic defense for the enterprise. Learn more at ReliaQuest.com. That's R-E-L-I-A-Q-U-E-S-T.com.
What if you were given the opportunity to work remotely on a permanent basis? It might cut down on some expenses like commuting, but what effects could it have on, say, your interaction with your boss, or maybe even your chances of being promoted? Let's ask Peter Capelli. He's a management professor at the University of Pennsylvania's Wharton School of Business. He's been studying this issue, and he joins me now. Peter, thanks for being here. Thank you. So, Peter, for an employee who might choose to work from home, what questions should that person have in mind?
Yeah, I think those are really important questions. I'd say the first one is how long do I trust that this relationship will go on? So my employers and some of them now are saying you can work remotely on a long-term basis. Well, what does long-term mean? Ford Motor Company, for example, made this announcement that they are going to allow more employees or a big group to work remotely. Well, do I want to move my family from Detroit, my corporate job there, to Colorado, where we've always wanted to live, on the assumption that I can keep my job at Ford? Now, the problem is, you know, corporate jobs don't last all that long. What happens if I move my family out to Colorado and then my employer... back home decides, you know, this wasn't such a great idea.
We want everybody to come back. And we're already moved and settled into a new place. What do I do then? And even the Silicon Valley, the tech companies where people are used to hopping around a lot and You know, they're telling people, you know, go work remotely, go move where you want to move, and then we'll work it out later. You know, well, the problem is you move and then the company doesn't want you anymore. Can you find another employer who's willing to let you work remotely or are you going to have to pick up and move back to Silicon Valley?
And after the pandemic, when a team comes back to the office and there are a couple of individuals who are now working remotely, how would that change up the dynamic and the ecology of that group?
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