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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsConnecticut Governor Says Days of Commuting to NYC May End
(Bloomberg) Those Monday through Friday commutes from Greenwich, Connecticut, to Wall Street may become a thing of the past.
Connecticut Governor Ned Lamont said the chief executives of some large companies have told him that telecommuting could help them save money by cutting office space by as much as 30%, signaling what may be a national shift by businesses. And with employees already stuck at home for weeks, they realize they can run just as well when they work at home. ......(more)
https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-05-13/connecticut-governor-says-days-of-commuting-to-nyc-may-be-over
drray23
(7,637 posts)it would help for climate change as well. Less traffic, people staying in their neighborhood. It would also improve on quality of life. I am currently saving 3 hours a day not having to commute and working from home. Only losers would be real estate tycoons like the kushners who own and rent towers with office space. It may also have an adverse effect on some small businesses like lunch places in the city.
Blue_true
(31,261 posts)Blue_true
(31,261 posts)I know that when I was in corporate America, I could access everything that I needed from home. With today's video capability, a person can have FaceTime with fellow employees and bosses very easily.
napi21
(45,806 posts)able to be home and not disturb mom or/& dad too much. Once the virus is out of the picture, somebody would actually be home when the kids come home from school.
Blue_true
(31,261 posts)Since the state that the company is in is under heavy quarantine, it is unlikely that any of the people that I needed to talk to were at the office. The call went smoothly and everything got resolved, it didn't occur to me until several minutes later that the people that I talked were likely working in their home office.
This change would be a massive boon for parents. With no commuting, they will have more time for their children's needs.
GusBob
(7,286 posts)Less traffic of all sorts, less congestion, less pollution, less stress
Less money for Trump and Kushner
Maven
(10,533 posts)Earlier today, I read an article on their site that lamented the closing of small businesses like Eleven Madison Park, a Michelin three-star fine dining restaurant in Manhattan.
msongs
(67,441 posts)pay for it themselves instead of getting their money back via tax rebates
A HERETIC I AM
(24,376 posts)As if it really needed this sort of thing to make people realize that they didnt need to travel to a high rise in southern Manhattan in order to have access to a phone and a Bloomberg terminal.
MichMan
(11,971 posts)Blue_true
(31,261 posts)and cost of more expensive lunches than can be made at home. I don't know the commuting costs in that area, but shifting from bought lunch to home lunch saves at least $25-30 per week alone, more for expensive lunches. Then add in the commuting savings. Over a year that adds to to significant money back into the pockets of people, tax free.
VMA131Marine
(4,149 posts)If you are telecommuting its also true that you may not even have a virtual presence in the city where your employer is based because the servers you log into and the data you work on and share could be anywhere in the world.
Im pretty sure the NYC city tax is based on having a physical presence in the city for your job.
GusBob
(7,286 posts)They figured its cheaper for their employees to work at home
Sorry NY real estate moguls!
Haha Kushner
Blue_true
(31,261 posts)There likely will be a burst of equipment buying as people get updated in their home offices, and equipment may be upgraded every two to four years, but the long term savings for companies will be massive. In addition, companies get a better feel for which of their employees are dedicated and won't goof off.
CTyankee
(63,912 posts)in their cubicles. The bosses figure that working from home is a kind of luxury that shouldn't be allowed. Second, when I did work from home a few times I found myself interrupted more than when I was at work. When my 3 kids got home from school it was chaos. Mom was there so they could interrupt or get into arguments so loud I'd have to step in and tell them to resolve their own arguments themselves. It was chaos.
Blue_true
(31,261 posts)When I worked from home, I would work many hours straight, I was as efficient or more efficient.
drray23
(7,637 posts)I tend to work more at home because I do not see the time passing. I: am comfortably installed in my home office and before I know its its 7pm and time to have dinner. I take breaks from time to time to help my wife with whatever she is doing and walk the dog, etc.. Even with that , I end up being more productive.
CTyankee
(63,912 posts)/Bosses had immediate distrust of you if they couldn't eyeball you all the time.
It sounds like you had a sane worker/boss relationship.
My last work situation was 15 years ago so things have changed.
VMA131Marine
(4,149 posts)Would hate to be invested in Manhattan commercial real estate about now ...... isnt that right, Jared!
PSPS
(13,614 posts)The Economist had a story early this year or late last year about a large UK company who had instituted a plan where a rolling 20% of the workforce would work at home for a week. That saved them over a million pounds a month because they were able to give up an entire floor in the building where they have their offices.