Boss WARNING "Remote Workers FIRST To Be FIRED"
ฝัง
- เผยแพร่เมื่อ 29 ก.ย. 2022
- There has a been a ton of opposition with remote workers coming back to the office now that more and more companies are requiring their once remote workers to now be in the office at least a couple times a week. But in some cases, it is being used as leverage agains employees to ensure remote workers are first to be fired before employees who come into the office.
Need a Realtor? homeandmoney.com/michael/
======
Like My Sunglasses? Get a Pair ebay.us/PhTVOG
======
I offer 1 on 1 calls, book one if you'd like!
michaelbordenaro.com/book-ser...
======
My Filming and Editing Equipment
michaelbordenaro.com/my-youtu...
======
Sign Up for My Email list and Get Weekly Video Updates in Your Inbox!
bit.ly/MBreminders
Articles Mentioned in the Video
apple.news/AmBqxmlWNRciuXCL3t...
apple.news/AU6HLC2EPQeCD4nBfs...
apple.news/ALbqfpItFTzKnDkkCd...
FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on sales you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support me and my channel! :) - บันเทิง
![[ไฮไลต์] แบดมินตันชาย SHI Yu Qi (จีน) vs วิว กุลวุฒิ (ไทย) รอบ 8 คน | โอลิมปิก 2024](http://i.ytimg.com/vi/f7z7taforOM/mqdefault.jpg)
![หมานแต่ผัวเขา - แสตมป์ โตเกียวมิวสิค [ OFFICIAL MUSIC VIDEO ]](http://i.ytimg.com/vi/m0g1TSBJPgo/mqdefault.jpg)
Housing Market Becoming a GHOST TOWN - Pending Home Sales PLUMMET th-cam.com/video/5CBfTlIWdQ0/w-d-xo.html
I'm in NW Montana and our real estate market has definitely turned into a ghost town. Our market saw a doubling of home prices in just two years.
If you think your hair got crazy in the wind, you should see mine. I don’t wear hats, so when I’m in the wind, my smooth straight hair looks like an eagle’s nest. And my wife’s uncle is an embarrassment in the wind. He brushes his hair from all around his head and neck to push it to hide his huge bald spot, and uses a gallon of hairspray to keep it there, when the wind blows, his hair lifts up like the hood in a 1949 tractor. Every hair he can find, he brushes it to that bald spot… and I wouldn’t be surprised if any of it, is brushed up from his armpits.
Hello Michael, thank you for all the good information. I have owned a 2 bedroom 2 bath, 5th floor condo on the ocean in Ormond Beach for over 10 years as a vacation home. Florida insurance has gotten so bad that I’m thinking about self insuring. What do you think. My job is stable and the condo is paid off. The condo association insures the outside of the building and the property, so I’m really just insuring my furniture, appliances and the interior walls. I have hurricane windows, doors and shutters. I have owned homes for 30 years and have never made a insurance claim.
I am WFH. In my field, it's fairly standard. We had WFH to a lesser extent prior to the illness as well. Everyone in my department is WFH. We have not been asked to return, and in fact, we have been hiring more remote workers located nowhere near an office with no intent to have them ever come into an office. My manager, my director, my colleagues reside in totally different states, sometimes different countries.
I'm seeing this at my employer as well 👍🏻
My job is protected ( God willing), I have wfh the 2+ yrs. They were able to close one of the big buildings as sitting empty. Even managers have relocated all over the country, we have regular manager meetings weekly and as long as productivity is good they don't care. 😊
same
That's how it should be
Speaking of older people having to work now. I was recently at a grocery store in Northern VA (close to DC) and a man in his late 60s or so was checking out a lady with two kids. She didn’t speak a word of English but paid for her groceries in food stamps. About $200. Thé man just looked st me and said, “can you believe this? She refused to give 5c for the bag of her own money, and i am here working to pay for my groceries at my age.” I later saw the same lady, with kids getting drum roll… into a Mercedes SUV! I felt sorry for the man right away seeing that people have just figured out how to use the system for their advantage. I am sure it’s always existed but it’s unprecedented now. And the anger and bitterness of the older generation having to work late in life to buy groceries is completely justified.
Wow, that is terrible and unsurprising sent so many people have found ways to game the system and clearly this woman was doing that
Seen that same things before elsewhere.
@@geocam2 so this makes sense. It is likely the boyfriend (or husband) who is the owner of the Mercedes SUV is paid under the table, as most Latino workers are in the area, so she can show less than $32k for the family in income. Again, it’s gaming the system.
How messed up would it be if companies are allowing "remote work" as a proof of concept for outsourcing their jobs? 🤔
Companies have been outsourcing what they could for a very long time. It works for some things, but not everything. We all know what happened to American manufacturing, but it doesn't mean that the US can't produce goods locally either. In fact, it's downright beneficial to produce certain things in the US if you don't want to be dependent on places like China.
Management needs people to manage or they know the company will not need them; which is the truth and the real reason why management wants people back in the office. In most cases management is dead weight and a waste of money since the workers know what they have to do and don't need management to tell them what to do.
Only in the hard to find skills will remote work be a possibility
But with all the regulations and taxes like in California, they are pushing these companies to leave…
I said that about 2 years ago. The people demanding remote work don't fully understand what they are asking for. If your job can be done from 30 miles away, it could be done from 3000 miles away.
@Shawn - So you’re not saying the remote worker who’s 30 miles away can be replaced by someone overseas, but by someone on the other side of the country?
Our Son is a remote worker / manager . He manages a twenty five to thirty person team internationally . He says he doesn’t think he will ever go back to working inside the companies corporate office as he did before Covid .
The company financially is much more profitable with its present arrangement having remote workers .
not a lot of office space to lease
Every company is more profitable, wait until all the free money leaves the system.
Wait till your son's company realizes they can also outsource management. Will he be shocked?
It depends greatly on the company. There are companies that are not asking people to come back, who are not even ALLOWING people to come back. I think there are more of them that are demanding people come back... but not all of them.
@@atdsifb Not every company is going to go back to in person work. That doesn't take away from the fact that the overall trend is indeed companies demanding people come back. Both can and do exist at the same time.
The storm is in Charlotte NC now. Wow, the wind is incredible.
If people can't afford to retire any more, it means less people moving to Florida.
...or more people working in florida and retiring later.
I think working remote is great and helps many families cut costs. However, I agree with you, when companies are looking to cut they will look at in office workers as a perk.
Yes but it comes to a cost and most companies are slashing people paycheck just because u want to be remote
@@darkbionic1044 That's a good point.
I’m an insurance underwriter and no one works in the office🤷🏽♀️. I just interviewed for 2 Senior positions-remote😃.
When people are in the office, you can tell when they have nothing to do. They just walk around talking to others, take long lunches, etc. When they are at home you have no idea. Most jobs these days don't have a quota-type system, so it is tough to manage efficiency.
Great show. Thank you for your ongoing info. Very helpful with many good insights. And appreciate your beach walk during this hurricane. Watch you daily. Greetings from Southern CA, USA.
Thank you very much. Glad to show you around the area!
They should be worried....
I have a story to tell you and anyone who reads this. In Phoenix Arizona there is a Public Park where several hundreds of people have set up tents because they became "homeless" in the past two years. Tv News went to interview some people in the park, one man said, he had an apartment and was paying his bills every month. Landlord after a year raised his rent for the following year, it was too high for his wages so he had to leave. The man figured what he was making per hour at his current job? was not worth the cost of renting anymore. He was only living to pay the rent and utilities and was broke from week to month every month and lost "hope". I work from home and sales have dramatically dropped since July 2022. I believe things will get worse over the coming months. By the way, love the beach walk and your hair blowing. 😊
the hair blowing was great lol
What good does this story do us ?? This is awful 😭
That is the sad reality and definitely contributes to homelessness in areas where it has seen an uptick recently
I would buy a RV
@@MichaelBordenaro It has become where we can no longer LIVE and have "Hope" in this real world. It is set up for people who are making higher income, but it if you are only making minimum wage or less, we can no longer survive. We are living in a glass bubble that is going to shatter into a million pieces and homeless is the going to be the NEW norm.
Wife and I have been working from home for just over 10 years now.
We aren’t going back to the office, we would retire first.
The companies don’t have much choice.
30% of people at age 55 don't have savings for retirement?!?! That's crazy!
I think it higher. at least 70% of people I know don't have savings. After 30 plus years of work, social security and a part time job is the plan.
A lot of folks got wiped out during the 2008 downturn. Many lost their jobs and had to live off their savings. It's not just that folks in that age bracket didn't try to save. There were forces at work that set many folks back.
Good video! I preach to my wife all the wife about discipline! Can’t live so much in the now, have to prepare for the future! My focus is getting my mortgage payed off in the 5-7 years!
This has to be one of your best videos. Keep it up.
Thank you very much Elias!
My entire company is remote so I don't think this is going to work 😂
Same 😆
I have no idea why people hate remote workers. I was working remotely for 8 years prior to the pandemic, now the entire office is remote as well😁
Then the entire operation can easily be 😢moved to India,
@@reikoweller5045 Some companies that deal with private info cannot have the info accessed from outside the US. Eg. medical info has HIPPA laws etc. If US pass more laws like this for more kinds of info, then that may help to curtail outsourcing abroad.
@@reikoweller5045 so can in office jobs if that’s the direction the company is going. Still the same response.
Thank you I really enjoyed your video today!
Thank you Laurie. Glad to hear that!
Appreciate your content in every video! I weathered the last recession storm working in the grocery business. If someone has lost their job I always recommend checking out working at a union grocery store. I worked at one for 11 years in California and now work at a different one on the Oregon coast. I kind of think of grocery as a golden nugget in the retail world. My union dues are $12 a week and the best part is my medical. Its a PPO plan and only a $400 deductible for myself and I only have to work 20 hours to get this great benefit! The pay isn't always great but I work night crew, get paid to work out and I get to listen to your videos while I work! Of course, if I want to watch where you are at, I'll have to go back after work to see it, but that just goes to show you have valuable information. Btw, I've done real estate and insurance selling (sales was never my strong point) and enjoy what you have to say!
I hope my stepsister can hold onto the relatively new job that she loves, being a hybrid worker. If she has to move far away and work remotely, I hope her company will allow it! Thanks for the great video!
Based on what different people are saying in the comments it seems that some companies are handling this much differently than others so hopefully she will get lucky
Michael this video was one of your best! Fist, your microphone more than lived up to its billing of managing wind noise, wind noise here? Yes, but under the circumstances it performed admirably! Second, I am 68, partially disability forced me out of work five years ago. Over the last two to three years I have realized I’ll likely wind up with a shortfall and have decided to find something to do to earn extra cash. I appreciate that you see this too and are putting it out there for us!
A lot of people don't think that will happen. Let 'em live and learn. They've never lived through real hard times, but they're about to learn a valuable lesson. They're not the irreplaceable pillars of their company that they have been led to believe they are.
Willie what the fuck are you on about ? These are hard times. My grandparents have been through war and have told us how these times we are in now are worse then ever before
@@Emmiiii267 There are a whole lot of people who aren't admitting it yet.
I think you’re right
@@Emmiiii267 it's going to get much worse for your generation.
Remote work means avoid the BS of people
Well, I have been 'avoiding the BS of people' for so long, that I am now completely isolated. The friends I would have met at work, are gone. I don't eat out so I can 'avoid the BS of people' I scan my own groceries to 'avoid the BS of people'. I have pretty much ditched my family to 'avoid the BS of people'. It didn't happen all at once, but little by little I've lost the good things involved in association so I can 'avoid the BS of people'.
I attest to what you are saying about having a strong dollar.
I live overseas and see the difference between currencies.
Love the Miami beach walk. Great scenery!!
I survived my first hurricane !
Congratulations😄
Incompetent managers hate remote. Remote is here to stay and makes the most sense for companies that need to send money.
Keep dreaming
Michael - I love your format. We literally feel like we are walking with you and having a highly educational discussion with you as well. Your channel is the best.
Thank you very much that’s exactly what I’m going for and I’m so glad you are getting the value out of it that I’m looking to provide 😀
I work remotely for AMD. Our company grew a ton in the last few years, number of employees went up from about 10000 to 25000, that they explicitly said that they don't have enough office space if everyone comes to the offices. So they haven't asked us to come back yet. Also, some of us are the most productive and very essential to the business. They'd be crazy to let us go.
@@naturelover2292 I understand that, but like I said, business is going well for now. Especially because my brother was one of the 500 corporate workers laid off by Gap just now and he has worked there forever.
My point was about remote work and how some companies are adapting to it rather than me being irreplaceable. And I don't think remote workers will be targeted specifically by smart management when it comes to layoffs. The employees who are less productive will be, remote or not.
The argument of proximity bias doesn't even make sense for a company like AMD where we had our team of management and engineers spread across multiple office locations already before the pandemic. We never saw some of our higher management and coworkers even before the pandemic, and yet coordinated. And now, even our managers are remote.
It is interesting to hear how so many companies are handling this all very differently. Thanks for sharing.
In Nov 2021 AMD was trading at $151. It is now trading at $66.36. You're doing a bang up job remotely. Think how much more productive you would be in a working environment.
@@dave2158 You clearly have no idea about the industry. Stock price doesn't reveal everything. That's because of the entire stock market going down and fud about semiconductor slowdown (which is true for AMD's competitors but not AMD, if you really follow the earnings reports).
@@coginthewheel seems to me if there is a semiconductor slowdown and my business was still able to produce them, then that business would do very well having the supply that demand requires. What kind of legitimate business would not produce products it requires for its products. Sounds dumb and lazy.
Michael, can you do another video on condo ownership when the building is set to be demolished? Worst things/best things that can happen. Much appreciated.
I did one a couple weeks ago. Did you see that one? It was titled people want out of these old condos.
Was doing a 'desktop' job in an archaeology firm last year. All the land departments were working remotely, but the manager of the nautical archaeology department was stubborn on the issue. We would give a month's notice, then the firm owner would fire us for some made up infraction so he didn't have to pay unemployment. Moved to Florida and have been teaching school since then. Love it dearly.
Company doesn't have to pay unemployment if you quit. Also, why would you give a month's notice? Why would you quit if you didn't have a new job?
If they fire without a severe contractual penalty being broken, they do indeed have to pay. Hence, their tactic [whether I had a job lined up subsequently is quite irrelevant]
@@PrehistoricMeatEater If you give 30 day notice that you quit, why do they have to pay unemployment? You are not unemployed since you have a new job. What am I missing here?
@@atdsifb A little hint for you: the employer had no idea what the employees were going to do. You may be dwelling on an unrelated subtopic move on, my dude.
@@PrehistoricMeatEater your logic is skewed by your ignorance of the law and facts. I feel sorry for your students
Remote workers are the backbone of this country. Especially in tech.
My job already did this. Laid off remote workers that refused to come back or encouraged them to quit. Many of the remote workers were too comfortable as well "I doubt they would do that. I'm out of sight out of mind". Welp now you're out of sight out of mind and out of a good job..
😂😂😂😂
@@erickh82082 This is what kills me about it as well. My job clearly needs in office support. You can only do about half or so of the work needed from home. These people that went remote (I did not) were in the office before they went remote. Then when they were told to come back (we needed them) the ones who refused acted like my job was asking them to do something completely unreasonable. People who lived 10 minutes away lost their job because they got too comfortable and used to the job bending over backwards for them.
and there probably working somewhere else where they are remote and don't have to deal with that kind of boss anymore.
@@dthompson3426 If they were getting their job done while remote how were they unreasonable?
@@dthompson3426 If I lived only 10 minutes away from my office I myself would feel completely lazy not going into the office at least a couple days a week. Now when the commute is lengthy and lots of stop and go traffic I beg for 2 days per week remote which is fair.
I think you’re right, “out of sight, out of mind” is very real. Remote workers will be unfairly targeted for initial round layoffs. It’s human nature, it’s easier to fire someone you have no personal connection with. Also, I’ve been saying for years that retirement will become something that we say.. “remember when people used to stop working”. The amount of savings needed to retire is staggering, a couple lives with $100,000 income would need $3 million in savings to retire and maintain their lifestyle.
Did you consider that many people have paid off homes and lower cost of living after they retire? I'm 44 and make a little over 100k. With my home recently paid off, my fixed expenses are only about $1200 a month. I have enough in savings I could retire and maintain my current lifestyle and it's no 3 million and I'm not 65.
@@allaboutroofing2 3 million dollars would generate $100k a year income roughly and last for a lifespan past retirement of roughly 30 years. The formula accounts for inflation, so assuming you retire in 20 years the cost of living would be much higher. But you’re on the right track if you’re expenses are that low and you’re home is paid off, great job!
IRA, 401k, equity on the home can all significantly lower the amount required to retire. If I hit 70 and run out of money, I could reverse mortgage my home and get a million or so to live on till I die. Also you can bet your ass I'll be getting every penny from social security and Medicare for all the money I've paid in. My point is, retirement doesn't cost as much as when you are building wealth and have all the expenses like car payments and mortgages that are typically paidoff at retirement age. The biggest mistake people are making is retiring without own a home and being subject to rent increses and on going full expenses. If you have no debt, I inflation doesn't effect you very much.
Very good you are providing a very important service,,,I am constantly surprised by so many people are clueless to these important subject, They seem to live in a bubble, It is not that they are stupid will low IQ , they just are not focused to the right stuff, they are wrapped up in self and trends and social media , not reality. They all just think someone is going to fix it all and it will work ut for the best with no really understanding.I just read that only 40 % of Americans even know there next door neighbor...That was not the case when I was young. Keep up the great work. Thank you
Thank you, Richard! I enjoy bringing up these topics that people probably don’t think about every day
I work for a tech start up headquartered in Boston.
Most of the 100+ employees are out of state. The Boston team itself is very small and mostly goes to the office once a week.
I’m not concerned about losing my job at least as far as remote work is concerned. The actual office wouldn’t be able to hold us all anyway.
General Motors is having remote employee call back is meeting resistance.
MarketWatch "Over 50% of CEOs say they’re considering cutting jobs over the next 6 months - and remote workers may be the first go to"
Soooooo today, we went down to check out how Anna Maria Island ( which is 10 miles away form us) made out with the Hurricane, and we drove down to the North Shore and walked down that path that you showed in your Anna Maria Island video. It is BEAUTIFUL and we would have never known about it had I not seen it on your channel. They have to boil their water there now and don't have power but otherwise they didn't have much damage.... Really devastating an hr south of us though, and so very very sad!!!!
Is so very scary the highly destructive power of Mother Nature. Miami/Fort Lauderdale relatively untouched however storms over the years (think Andrew) have hit the lower east coast of FL also. Southern Broward County developed rapidly after Andrew since those living in Homestead no longer had a 'home'.
It is such a beautiful area! I’m glad I could make you aware of it in my video. They are lucky if it’s just not having power for a little while and that’s the worst of it.
Hello Michael, thank you for all your good information. What is your opinion on self insuring?
You’re welcome Mike! I have mixed feelings about it because on the one hand, it can make sense if you have a lot of money saved up, and your insurance premiums are extremely high. But on the other hand, you probably need to have a lot of money saved up probably 300 K plus in many inches is it really be able to self-insure yourself. actually going to talk about that in the video I’m releasing today.
Wow thanks Michael for showing us the Deauville hotel progress, also why the Ocean is so far way from the shore use to be very close?
So much for global warming.
You’re welcome! It’s because they’ve been doing beach restoration, so they have added a lot of sand over the past few months
If you moved away (long distance) under the promise of long term WFH you don't want to move back to where you came from just because the boss said so. Yes you can move to go back to the office only to be laid off a year or a few months later as the economy tanks.
I will find a new career before going back just because
Very True on all of this .. got to start saving even if its a few bucks here and there cut back on things you really dont need to be doing. drinking smoking . cut that down it all adds up and just ruins your health and wont be able to work till 75 .. its a scary world right now,, very good information Thanks for sharing ~
My company just like others have built this million dollar buildings and they want them filled again. Makes sense and a lot of our workers have got use to being home and moved or have a life that they created around this. And now these workers are being told come to work or basically you will have to resign otherwise. We have laid of a good bit. And it’s making the company’s job really easier to week out it’s workforce in this recession.
we have had a higher demmand in internet upload speed per second of megabbytes for work from home jobs. had to upgrade internet to keep work from home
The beach talk was awesome. 😁 I’m going to get another job to pay off debt. My hunch is this is going to get really bad. If it doesn’t get bad, I’ll still have the debt paid off. 🤷♀️
Thank you Susana and I love that mentality being prepared for the worst, but hoping for the best is always the way to go
Yup, "One Big Happy Family" they say.
As the old saying goes, they don’t care. That’s very true and why people have to take care of themselves because nobody else will. In this tough world, employers will work you to death and pay low wages, little to no benefits and give workers no no respect if you let them. Many times these days, it’s better to not even work because government programs pay more in benefits to not work. Just the reality and the way it is. 👌🏻
Yes indeed the British Pound and Euro are taking a beating.
Pound and euro weak makes dollar look strong. But it's really not. Cost of living is going up faster than dollar is going up.
It's an illusion.
Your microphone sound outstanding
Thanks Pete I bought a specifically for being able to come out on the super windy days and you guys can still hear me clearly
got the same hair cut and same windy problems lol, wish they got hair spray strong enough for this wind 😂
😆
If I was a employer , I’d want my workers in the office. When the boss not around, the mice play. I would not be surprised if productivity is reduced significantly with workers at home. If you are a family man,the kids would drive me nuts, including the wife too. Everybody needs a break from their family. Perhaps some work is OK at home. I just don’t think for the majority of employers, it works well. However, I am old school.
I think proximity bias is real, people won't get fired for working remotely but they may lose out on promotions.
From the large corporation and tech side this is not the case because most bosses also like being remote and overall lack of tech workers is keeping things remote. Also OKRs have not really taking a hit. Many companies are using yearly retreats as a in person team building.
The proximity thing goes for workers who step up and work the overtime etc . You have to be proactive and do those little things now if you want to help seal your job security !!
😂😂😂
All the people that left jobs during the great resignation and got a massive bump in pay will be the first to let go. That includes me. I was laid off from a high-tech consultancy end of August.
Sorry that happened to you. Don’t get too down. I’m without a house and I’m very capable of buying one but I’m waiting it out! Not easy. Everyone is in a state of stress. Keep your chin up!
@@susanjannarone135 thank you and you as well.
Sorry to hear. I'm not seeing that though, maybe certain industries are different. IT still going strong, they are letting go their worst people, salary is not playing a role.
With inflation people are actually asking for raises, this is the norm. If you cant afford to live on your salary why would you work there...
@@Jack27372 I'm on the media side. Supposedly ad revenue is way down. Companies are cutting ad spending because people have less discretionary income. I'm close to a new role, but the market is odd.
No...a lot of people aren't going back to the office....what's happening is that a lot of companies are closing their offices and saving millions in useless sq footage of office space...my company keeps closing offices all over the country
The dollar is not going up. It's just going down less.
Great video. Can you please let us know where you got your sunglasses. It’s pretty cool looking. Thanks.
Hi! He has the sunglasses info down in the description of this video.😎
@@Lisithedogwalker thanks!
My union just negotiated to have remote work be considered a standard tour of duty. We are hybrid but work mostly from home.
What's your opinion on banks and bail-ins? Thinking of switching a bulk$$$ over to a credit union instead.
My company can't find workers so they offered hybrid work but still no applications coming they're afraid to lose more workers we have 6 remote workers plus 3 of us going 1 day to office im going to quit soon
Basic human psychology: It’s a lot easier to fire someone via phone or zoom than in person. Obviously the remote workers will go first.
Call centers are in Philippines and they are paid less.
Ahhhh snap!
Retirement is not over… I’m retiring in December… have two pension and social security… 900k in 401 the house and two new cars are paid for… retirement is happening NOW!
My job is trying every trick in the book to get me to come back into the office. They were successful getting people who recently messed something up to come back. How we the truer the carrot instead of the stick with me. I doubt I would be fired first because I’m #1 performance wise. Sorry but not going back into the office. I’ve proven myself over the last 3 years
Not to crush you're ego, but their are very smart guy's in India that will do your job for 80% less pay and these greedy corporations have no problem sending the job's overseas. Goodluck everyone!
@@johnpichla9557 guys in India can’t get a series 7 so I think I’m ok
@@christopherfernon5942 glad to hear, I am not against or for a work from home job. I believe it should be balanced. Are you required to stay in the state's for employment. I just think most people are naive to what could happen when job's go remote and offshore. You are probably in a small percentage of licensed security worker's. Hopefully this recession will not eliminate a ton of job's. Goodluck everyone!
FJB!!!!
@@christopherfernon5942 Exactly! And they cannot obtain U.S. Engineering licenses and manage U.S. construction remotely as required per building code.
I have to strongly disagree, the biggest complainers are commercial real estate owners who cant lease there offices, even wework is giving away free month of space now lol... My company(400+ employees) went fully remote, nobody cares where you are as long as your doing your job. The firings are going to happen, but not because of remote work. We are in a recession moving into a depression, everything is expensive, spending is down. Companies are cutting costs and keeping their best employees regardless where they are and getting rid of the excess fat. Between paying for there office lease or having more employees, they will choose employees remote and happy and making them money at less cost, the remote work is the new reality, the offices will be ghost towns over the next few month and years as the economy gets worse and worse..
I always like to hear an alternative view or opinion on what’s going on. And yes, obviously the recession is having a big impact on these layoffs as well.
@@MichaelBordenaro Definitely enjoying your content!
What microphone is designed for high wind like that? Thanks 😊
Is the Zoom F2 Recorder amzn.to/3UWXrzB
Carmax just had a bad report also
*Nike just had a bad report*
*Bed Bath & Beyond just had a bad report*
You should start producing segments for CNBC.
He replaces the Mainstream Media, And that's why I'm a subscriber 🤓.
Ha ha thank you Bob!
Remote worker in Cambodia. Cambodian spouse and kids in school. House with mortgage payments, car with loan. You get fired.
There will never be a shortage of remote IT and knowledge jobs. I have worked remotely since year 2001 as a consultant/contractor. My hometown does not support tech companies, so I looked at companies elsewhere with remote opportunities. I haven’t looked back. Many companies simply do not have the space or resources for contractors working on projects with a defined start and end date. Contracting/consulting is a perfectly valid way to earn a living. Few jobs are “lifer” jobs these days. Learn to create your own opportunities and to move quickly when business ebbs and flows. Michael, please stop treating remote workers like ugly red-headed step-children who drive up real estate prices. We deserve to live where we want to live and raise our families, just as you do. Don’t hate us because we figured out a way to make it work for us! We have been around far longer than the pandemic and we will be around long into the future.
Agreed. I worked for several years as a contractor/consultant and I would go back to it again if needed. I left for a major company in 2014 due to one, major missing component: benefits. It has been worth it for me (so far) to work as a full time permanent employee due to amazing, inexpensive healthcare/dental/vision, FMLA and STD/LTD coverage, free life insurance, six or more weeks of paid time off, holidays paid, and the retirement 401k/stock/HSA match which is worth tens of thousands per year. Working for a company with benefits will allow me to retire much sooner than I could working as a contractor. However, I may go back to occasional contract/consulting when I retire or when I want to go to a part-time basis. Both types of employment have their pros and cons.
@@Summerdee223 Sounds like you are on a good path :) I am doing PT consulting as I help caretake my parents. I will then ease into retirement with PT hours. I did a years long FT permanent and remote gig with a big tech company for some of the bennies you mentioned, including stock and company 401K. I can easily buy most of those bennies for myself as a consultant, so careful rate negotiation is very important. We can create the work style we truly want, and we do not necessarily have to give up anything of value in return. If we do our jobs well, and we exceed performance expectations, we will most likely have options.
@@Summerdee223 This is the best explanation of why to work for an employer. I have a good IT govt job with those benefits, plus govt pension and now they made us full time WFH! Sometimes I get a tempting Indeed job alert for much more money, but the pros of my current situation is ten times better. Nothing beats the relative security of working for an agency funded by taxpayers.
I’m finding remote workers working for insurance companies, probably independent contractors, cold calling our home multiple times a day. It’s becoming a real nuisance. I prefer to call it slime calling.
Proximity bias is not a bias.
Who’s asked if you’re more productive when working remote, the managers in the office or the remote worker lol. We get 1 day a week work from home and I don’t do nearly as much because my home office isn’t up to par yet and I don’t want to break anything that I’d have to go in to fix as an IT Network administrator.
Your hair looks fine.
Whatever hair gel he is using, they should sponsor him.
Michael, You look great - hair blowing in the wind, sand beneath your toes --- with shots of the ocean and high-rises. So much good information. I'm OLD - and have been retired for 20 years - no pension, 401K or investments. But, I lived through the BEST decades in America. Sadly, America is no more - look who's in charge!!!!
Thank you Sandy and I’m glad to hear you’re doing good and retirement😊
Love your mic without the wind static. Glad you are doing well after the hurricane!
Michael!!! You been telling us about remote workers being the first to be laid off for over a year. People said it will never happen. Probably the same people saying that housing prices would never go down. Think about all the remote workers who moved out of state having to sale their house to go back to the office. Or worse, lose their job and can't make a mortgage payment. Also CNBC had an article a few days ago where over 60% of the surge in house prices was caused by remote workers moving. Maybe remoters can rent their houses and don't sell. Love to see rent prices fall since I am a renter by choice, till I buy a house. I just don't think people have a clue of what will happen when remoters go back to the office or get laid off.
Thank you Ken! I keep about the viewing experience, so trying to make it as good as possible for everyone watching. I think when you’re paying attention, it’s not hard to call these things but many people just don’t have a clue because everyone wants to believe that everything is hunky-dory.
Please I want to see walks around Coconut Grove, Brickell Financial District and Coral Gables incl. downtown. Liberty City, Carol City, Opa Locka not required LOL..
I hope I never go back in person everyday currently go in 1/2 times a week 😃. Save so much time not taking long lunches or commuting… and I would say I am just as productive the one thing in person helps a lot is learning if your new in my opinion as they are right next to you
WESTCOR IS A TITLE INSURANCE COMPANY,
Thankfully, the company I work for has allowed various departments to permanently work remote (Since August 2020)…. they have reduced the corporate office footprint and are saving money doing so. I don’t see my company firing remote workers vs in-office workers. (Metro Atlanta area Georgia USA)
Now there will be even less homes available in Florida due to the hurricane do you think the remaining inventory will have price increases due to the supply and demand issue?
I wonder if they have begun to calculate the job losses that the hurricane has caused. Not just the countless business owners, but all the people they employed. I imagine the construction trades will benefit, but many jobs are gone for a long time. A destroyed private plane means 2 well paid pilots out of work. Realtors without houses to sell.....
It just shows you are needed less and less soon to be obsolete 🤸
I feel sorry for Realtors, RE inspectors, Mortgage brokers, etc. who have a variable income based on new sales. I hope they find a way to survive during this time.
i think people who dont have a remote job dont realize that these jobs literallly dont need an office. I work in data analytics and i quit working for the state of nevada last year because they wanted everyone to start coming back in. The office was dark stuffy, the heater was always stuck on during summer, and i developed back problems because of how bad the office chairs were. even in the office co-workers hardly EVER interacted with each other. and management claimed the same bs that it was to promote "interactive work culture." I think i was less productive because i was constantly taking 15 minute breaks to walk laps around the parking lot just to get out of that dark stuffy office. I now work 100% remote for Anthem and LOVE it. I hardly ever take breaks and find im way happier and more productive. I think companies are only calling their employees back because they dont know how else to promote productivity other than breathing down peoples necks. At least that was the case with the state of Nevada. During my exit interview they said theyre having a really hard time keeping their employees, i think this will be the case with most companies who force people to come back. I will NEVER commute to a dark stuffy office again.
Unionize.. There are more than 14 million workers in the U.S. who benefit from being part of a union.
best thing anyone can do is learn how to day trade. short hours big pay ultimate freedom. can be done from anywhere in the world.
if you are "remote" you can be replaced by a real remote worker in inida, hounduras, poland etc...for less the 1/2 the price. beware, you need to get your ass back to work...out of sight out of mind.
It's not good that the U.S dollar is going up so much. It will put other countries in very difficult financial struggles and might motivate them to drop using the U.S dollar as a reserve currency. China, Russia and other countries are already planning on coming up with something and if it happens we are going to be hurting really bad here in the U.S.
The fed needs to stop playing games and just raises the rates as high as they need to at once.
The US dollar going up is the very reason it will remain the world reserve currency. The world will not trade their exports in exchange for any currency China and Russia comes up with.
I totally agree!
35 miles wind and the top of your hair doesn’t move a millimeter. :)
😆
Flying to Dublin tomorrow, then London then Paris. Looking forward to good exchange rate for the Euro and Pound.
Not in software engineering.
Michael- other than TH-cam income how do you plan to go forward since RE is in a downturn?
Hey Jeff, mainly I am focused on TH-cam right now and since real estate prices are so high here in Miami I can just do a couple deals a year and that is just fine with me. Even in a slow market making a couple sales a year is doable.
Well if they get fired that would be the demise of Floridian real estate.