Principal Financial-Remote work

[MJ29]

A college graduate who just started her first job shared the shock and upset of working a 9-to-5

A college graduate shared the shock of working her first 9-to-5 job. Social-media viewers rallied to support her feelings after her experience.

news.yahoo.com

This story is kind of cringey and I kind of laughed at her for her dramatics, but in the article is a comment about a four-day work week. I don't know if that'll ever become mainstream, but I often think I would like it.

 

[dmclone]

A college graduate who just started her first job shared the shock and upset of working a 9-to-5

A college graduate shared the shock of working her first 9-to-5 job. Social-media viewers rallied to support her feelings after her experience.

news.yahoo.com

This story is kind of cringey and I kind of laughed at her for her dramatics, but in the article is a comment about a four-day work week. I don't know if that'll ever become mainstream, but I often think I would like it.

 

[tman24]

A college graduate who just started her first job shared the shock and upset of working a 9-to-5

A college graduate shared the shock of working her first 9-to-5 job. Social-media viewers rallied to support her feelings after her experience.

news.yahoo.com

This story is kind of cringey and I kind of laughed at her for her dramatics, but in the article is a comment about a four-day work week. I don't know if that'll ever become mainstream, but I often think I would like it.

Everything on the Internet is fake anyway so.....

 

[BCClone]

Everything on the Internet is fake anyway so.....

Well, you should expect stories like that from that source. They are a poor source.

 

[BCClone]

One negative about work from home, when the in-laws show up, you don’t have an office to go to.

 

[pfgemployee]

They just took a poll at Principal, where 5,000+ voted on 9 questions. Some of those 5000 have to come into the office, some don't. Most of the same questions were asked in April and the results are stunningly bad this time around. I can't get into the details but embarrassingly bad.
On a side note, next week is the first week back. I'm almost excited to witness this **** show live Monday morning.

 

[cycloneG]

Companies With Flexible Remote Work Policies Outperform On Revenue Growth: Report

According to a new report, companies with flexible remote work policies outperform firms with more restrictive policies when it comes to revenue growth rates.

www.forbes.com

 

[wxman1]

They just took a poll at Principal, where 5,000+ voted on 9 questions. Some of those 5000 have to come into the office, some don't. Most of the same questions were asked in April and the results are stunningly bad this time around. I can't get into the details but embarrassingly bad.
On a side note, next week is the first week back. I'm almost excited to witness this **** show live Monday morning.

Same thing happened at Collins.

 

[CascadeClone]

Companies With Flexible Remote Work Policies Outperform On Revenue Growth: Report

According to a new report, companies with flexible remote work policies outperform firms with more restrictive policies when it comes to revenue growth rates.

www.forbes.com

"flexible" is the key concept

Some jobs, some people, and some situations are ideal for wfh. Others are absolutely not. Corporations have trouble because they want/have to design policies that apply fairly equally to everyone and that it kind of the opposite of flexible.

You can shift the decision responsibility to individual managers, but getting them to do it optimally without inflexible polices to enforce is really hard on the managers - they won't be consistent and that causes a bunch of other problems.

 

[Drew0311]

Our company bailed on its lease. They are saving so much money on wfh. Not having to pay for all of these huge buildings. My guess is principal is sitting on all this real estate and are trying to justify it by bringing back employees. It’s been proven that employees are much happier working from home .

 

[cowgirl836]

Our company bailed on its lease. They are saving so much money on wfh. Not having to pay for all of these huge buildings. My guess is principal is sitting on all this real estate and are trying to justify it by bringing back employees. It’s been proven that employees are much happier working from home .

remind the definition of a sunk cost fallacy.

 

[SCNCY]

Our company bailed on its lease. They are saving so much money on wfh. Not having to pay for all of these huge buildings. My guess is principal is sitting on all this real estate and are trying to justify it by bringing back employees. It’s been proven that employees are much happier working from home .

The sunk cost fallacy. Whether they own or have the buildings is irrelevant to the decision at hand. Is it better for the business for employees to be in the office or at home. We've seen that employees at home leads to happier and productive employees. Thus, that should be the decision.

"flexible" is the key concept

Some jobs, some people, and some situations are ideal for wfh. Others are absolutely not. Corporations have trouble because they want/have to design policies that apply fairly equally to everyone and that it kind of the opposite of flexible.

You can shift the decision responsibility to individual managers, but getting them to do it optimally without inflexible polices to enforce is really hard on the managers - they won't be consistent and that causes a bunch of other problems.

Agreed on the flexible statement. Job descriptions need to be rewritten whether they are in the office, remote, or hybrid. So when you apply for the job, the expectation is set. Your never going to make everyone happy, but so long the expectation is set from the beginning, then you can't be upset about it. So for current employees, an evaluation needs to be made whether a job can be performed remotely, in office, or hybrid and present that to current employees. No one ever complained in the past of the sales people who worked remotely while everyone else had to go to an office.

 

[SCNCY]

remind the definition of a sunk cost fallacy.

Beat me to it!

 

[NWICY]

I've been working within a country that gives 12 days total for both parents COMBINED. So the father took 2 days and the mother took her 10 days and the grandmother helped out.

India?

 

[Mr Janny]

I just took a new job with a company down in St. Louis. The vast majority of the staff is required to be in the office 3 days a week. I was hired in a special circumstance (due to my skillset) where I'm remote, with the condition that I spend the first 3 weeks on-site, and then a week in the office every 6 weeks or so.

I wasn't sure how I'd like it, since I've been full remote for the last 3 years, but so far it's been good. They made it worth my while, and pay for all of my travel, room and board while I'm here.

 

[BCClone]

The sunk cost fallacy. Whether they own or have the buildings is irrelevant to the decision at hand. Is it better for the business for employees to be in the office or at home. We've seen that employees at home leads to happier and productive employees. Thus, that should be the decision.



Agreed on the flexible statement. Job descriptions need to be rewritten whether they are in the office, remote, or hybrid. So when you apply for the job, the expectation is set. Your never going to make everyone happy, but so long the expectation is set from the beginning, then you can't be upset about it. So for current employees, an evaluation needs to be made whether a job can be performed remotely, in office, or hybrid and present that to current employees. No one ever complained in the past of the sales people who worked remotely while everyone else had to go to an office.

Question is then for the PFG employees hired preCovid. Since they were hired in office, you are saying they can’t complain if they are called in by what you posted.

 

[pfgemployee]

Oddly enough, Principal doesn't seem to be worried about collaboration of the 1000+ people they've recently hired in Manila to staff their call centers. Weird how that works.

 

[Cyclone06]

Our company bailed on its lease. They are saving so much money on wfh. Not having to pay for all of these huge buildings. My guess is principal is sitting on all this real estate and are trying to justify it by bringing back employees. It’s been proven that employees are much happier working from home .

I think this is temporary. In 5-10 years, some corner offices will have a genious idea to bring everyone under one roof to "reinvigorate company cultures." And the open offices/cheap rent will also help.

While WFH has its place, I do not think all or nothing works. Hybrid for sure, but all WFH will not last imo. Being a shut in and only communicating by instant message is the reason our country is so divided. We literally read between the lines way too much because we only communicate in text and so much is left unclear and thus, uncommunicated.

How in the hell do you onboard new college grads from their dining room table? You don't, errr you dont do it well. Probably a contributor to Gen Z bouncing from job to job with ease.

 

[pfgemployee]

Question is then for the PFG employees hired preCovid. Since they were hired in office, you are saying they can’t complain if they are called in by what you posted.

I worked with some people who worked 2 days in the office pre-covid and are now 3 days. There are some areas of the company requiring 5 days a week. If you are 31 miles away though, you are golden.

 

[BCClone]

I worked with some people who worked 2 days in the office pre-covid and are now 3 days. There are some areas of the company requiring 5 days a week. If you are 31 miles away though, you are golden.

I don’t understand the mile thing, should be consistent imo. I was just asking about his post, he mentioned if you were hired one way (most talk about hired wfh now) then you can’t complain if its enforced. I was asking about the, what I assume is the lions share, of employees hired to work in the office pre Covid.

I worked for a company where the son ran most everything. He hired the staff and trained them. He would tell us that hours were semi flexible and be there around 8:30. Usually a week after his dad would come into your office and chew you out about a few things and tell you you needed to be there at 7:30 to 5:30 and 4.5 hours on Saturday. It happened to nearly everyone. I lasted a little over a year and a half.