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Return-to-office (RTO) mandates have caused companies to lose some of their best workers, a study tracking over 3 million workers at 54 “high-tech and financial” firms at the S&P 500 index has found. These companies also have greater challenges finding new talent, the report concluded.
Does anyone else think that the US is going to experience brain drain to other nations for the first time in its history ?
I’m already looking to move overseas to leave the US. I work in tech. I’ll probably be taking a $100k+ pay cut, but…I just can’t US anymore.
The wages aren’t there and the ideology will become a huge detriment.
Maybe they will, but it’s tricky. There’s a huge country to the north with (currently) very good protections for women and working immigrants, and it has all the same time zones (and more) so you don’t have the lag like with shifted clocks.
A number of large companies are again talking about starting or growing their talent base in Canada, and with remote work they can ramp up without shelling out for an office.
My union contract is coming due, and the diaspora from the urban centers among my peers means that an RTO will gut the place; if they can outfit more space again, having released most of their old space. But we’re concerned, so we do intend to preserve and expand the WFAnywhere language to ensure we can work where we are best.
If the treatment by management does scare people away, the incoming fascist government will