💪 RTO: power move

COMPANY SPOTLIGHT

• Aircall is a unified and reliable communications powerhouse. Aircall seamlessly integrates voice, SMS, WhatsApp, and social media channels into a single platform, with bi-directional syncing across 100+ essential business apps.

• 16 open roles, primarily in Engineering and Customer Support.

• Offices in many countries across the world, though most open remote roles are for either North America - Remote, or Europe - Remote.

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NEED TO KNOW

Remote work headlines:

• 77% of Americans support federal workers’ right to flexible work arrangements.

• Why “work from anywhere” is here to stay.

• Dell just ended all hybrid arrangements for employees who live wtihin an hour of an office.

• North Korean IT workers allegedly used fake IDs to get remote jobs and earn tens of millions of dollars.

• A TikTok video went viral for claiming, falsely, that “office air” makes people unattractive.

• This former teacher became a virtual assistant, improving her work-life balance tremendously.

ECON 101

The Economics of Return-To-Office

Labor economist Kathryn Anne Edwards shared an incredible 12-minute video on Instagram last week breaking down the reasons so many executives are pushing for a return-to-office.

First, she said what we all know by now: there isn’t any good data to justify return to office. The obvious results happen as a result of these mandates, as verified by plenty of studies in the last few years: talented employees leave those office-bound companies, productivity doesn’t increase, it’s more difficult to hire more talent, and profits don’t increase either.

And second, her big reason for RTO? Company bargaining power. Executives realized during the years of the pandemic that employees really liked remote work. But the companies had simply given it away for free, even though employees would be willing to sacrifice some of their salary if it meant they could work remotely.

Employment contracts almost always involve negotiation. And in any negotiation, it’s not advisable to give anything away for free.

By forcing office policy compliance, companies can offer employees remote work as a benefit, instead of providing raises or other financial benefits. For that reason, it can save these companies money in the short term.

For the long-term, though, I’ll add my two cents: employees are more productive, work longer, are happier, less likely to leave their company, and more, when given the ability to work from anywhere. So I believe the companies counting dollars and cents at the expense of their employees today are the ones more likely to lose in the future.

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