Why would companies do a pay cut when they are benefiting from the savings in office rental? Pay cut should be tied to performance, not physical distance.

I’ve worked from home for years, I love it. It’s always been one of the first benefits I’ve looked for. I’d never take a job that didn’t offer it.

Zero human interaction, living the dream.

For some like her it’s a privilege for someone like me who lost my job is a nightmare. I’m not the only one

money can't buy you experience - says the person who could buy their way to Barbados during covid :P

“Money doesn’t buy experience”. Is the dumbest thing I’ve ever heard.

I don't want to go back to pooping next to coworkers in the office bathroom...and I bet the world agrees.

"you're on mute" most used phrase across the world, since 2020.

Covid19 is not only about working from home, but either working from home and doing homeschooling. Homeschooling makes it a tough challenge for working parents.

I personally love the WFH experience. Wish I could stay like this forever...

That little joke at the end was a nice, unexpected touch

And now Barbados has the influx of people who don’t care about others’ safety and feel that because they’re in paradise that they can do as they like. A headache for the people of such countries.

Hopefully companies will allow WFH as an option after the pandemic. Those who want to go back to the office can, and so can those who want to WFH, as long as people have the necessary hard and soft skills to make the most out of where they work.

It seems like every public policy question should be, ‘ what are the Scandinavians and Finns doing and how can we adopt that?’

Been WFH for a while and will never change (except for business travel of course that I used to do regularly). Ruining your time in commute and money for lunch to listen a paper pushing manager tell you what to do literally with your life, no thanks, I am too old for kindergarten.

as a freelance web developer myself for years, I think it's easier for us who works from the computer all the time but for other jobs, it would be so difficult

What was once a luxury is now a necessity

I guess the advice we need is how to prevent cats from sitting on our keyboards while WFH

As a person with disabilities, (in a country that has generally poor accessibility) I was already on flex-time before the pandemic. Initially, my employers reduced my pay when I started to work flex-time. After a few months it was realized that my productivity had not suffered from the arrangement; I was reinstated to full pay. With the coming of pandemic, I am basically working from home full time. It would have been interesting to see how persons with disabilities are faring in the work place in a world a world gone remote. Do they face the same stigmas? Has the need for more people to work remotely made it any better for them, or is it limited to those who 'lift mentally'?

When you work from home, you have to be absolute about the boundary between work and not at work. If you can't sever the connection and be *OUT* when you are off work, you will end up working far more hours and will not be paid extra for those hours.

WFH great if you live in a mansion! Painful if you are in a flat share in London (so imagine the size) without living room, with noisy flatmates and neighbors and are forced to turn the room you sleep and eat in into an office. 😅

been WFH hybird since 2014, it's not a big deal. When in the office we would GTM intraoffice just to save time. I glad the world has caught up.

If your job can be done remotely then your job can be outsourced. Companies will catch on. Wages will begin to lower while company profit will increase

I love work from home, sometimes I do cat-nap and get back to my work and get far more task done than I thought. However, these luxury can be considered in developed world. I still think that it may not be feasible in developing countries, surprisingly they will still be pandemic phase even when developed countries will be out it.

As a guy who's in his early twenties and at the start of his career, I feel wfh might lead to smaller or even non existent social circles. Thoughts?

In our all company virtual meeting (7K employees) the CEO said that WFH has been a fantastic success and that most employees will be allowed to continue it most of the time. However, he was adamant that everyone live in the same state as their office. He does not want to open the can of worms with cross state taxes. I was actually planning to move to Tahoe - a vacation area right on the border between California and Nevada. Made a quick mental note to stay on the California side.

It is great for my work but it gets lonely when everything else is in lockdown.

WFH is the best thing that could have happened for the vast majority of those people who had or still have the privilege to do so. I would happily take a pay cut to permanently WFH.

Baby money buys you experience. If you were working as a labour or any operator instead of Microsoft. Do you think you would have fly to Barbados and experience it

As someone living in the UK, the comment about broadband stabs right at heart 😭

This only applies to office-based workers. Carpenters, mechanics, lab workers and the like don't necessarily have the privileges of full-time WFH.

One biggest concern some need to think about is network. Working in Barbados or any other fancy location could mean working with limited network at times considering network connectivity to Internet may not be best compared to western countries.

Developing countries don´t need any more ¨digital nomads¨ or Western people working from ¨home¨ full time. They typically don´t pay taxes in the developing country, the real estate prices sky rocket and indirectly force locals out of their cities, and they also tend to stay closed off in their expat group. This means they dont get local information as quickly and basically live a life in a bubble.

Lol I worked at home for one year and it was too extreme but I now that I am back I do miss the convenience so I voted to do alternate rotations when post pandemic happens because it was discussed that the company is considering what we want.

I think the companies that get it right will end up providing a range of flexible options from a full time desk, to a mix (one to four days per week) to full time remote. There are those who need the structure and the commute while some will want the flexibility to put some effort under the table, on a rainy Sunday, and enjoy a bit more of the sun on a working weekday. Companies that run on project work, where effort against milestones is easily measured, are going to be better suited to flexible condition since they are mainly measuring a worker based on allocated work, timeframe and quality of output (in other words seeing the work getting done without necessarily caring when/how). Hard not to feel for those at the bottom of the ladder though - I don’t see how anyone mentoring fresh starters can be 100% WAH.

12:54 but... this woman knows most people can't afford to move to Barbados right?

Can we have WFH hubs like quasi-offices near one’s home..

I agree with Mr. Williams. Paycuts or risings for people, who are working from home (In Germany we say homeoffice), are a question for the market. 👍

Just love when the children and the pets show up on screen !

One possible solution about covering issues like, health, insurance, expenses, allowances would be working first hand with employees in developing an accurate budget, and tackling things 1by1 that would be also a way to give your human resources more confidence about working from home and abroad, but also a trustworthy exchange of value, tracking and monitoring is not about looking for misbehavior, but a way of improving productivity that must be accompanied by rewards.

We are losing so many resources, ideas, learning and exchange when working ONLY from home. Work isn’t only about „getting work done“. Juniors will be left behind with no training on the job, no seniors to learn from, going crazy with their 11 qm bedroom in a shared flat. It has to be limited!

"Internet is the world's largest library but all the books are on the ground". This joke was relevant during the first few months of the Internet. Six months later, Yahoo and the first search engines solved the problem. Remote work is going to make life easier for a lot of people who don't want to waste 2 - 3 hours a day in the traffic jams, people from poor areas with limited opportunities within their reach and people who don't like to pay half their paycheck to rent a small studio in a big city. As for the potential problems that will arise from progress, let's give markets some time to do their work before we start discussing regulations...

This is far from over because the debate lately was should employers pay for employee’s utility bills or consider it mutually compensated as a cut from commuting expenses

Watching this as a construction worker : Awwww, cute.

We should let work that can be remote go fully remote completely

In the Philippines some of my friends and my cousin would rather work in the office than work from home. They work 10 times more at home than in the office. It's tiring and very stressful. They work from 6 or 7am until 2 or 3am in the morning. They get paid overtime but not all the time. My cousins co worker quit and their management didn't hire a new one because they can do the job anyway.

Not everyone is that happy working from home in Finland. I'm 48 and all of my friends are fed up with the lack of real interaction and professional support from colleagues etc.

I read that a large, new trophy office building that was just completed here in the DC area has gone into foreclosure. So there is that.

Paying to work from home sounds like a bad idea that would not be well received. It would be very easy to game the system to achieve a status that meant you had to work from home. As a clinician, I would be interested in seeing the health impact in more detail.

You missed an important point *FURTHER ATOMISATION OF SOCIETY*

I work for a digital bank in London and working from home was a nightmare. I paid much more for internet, electricity, water, coffee etc. and the tasks assigned doubled.

I am more productive WFH and prefer it way more than working from an office. Most of my meetings pre-Covid were virtual due to stakeholders spread across the US.

Great video and insights. When the lady at the very end said "I would take a pay cut if that's what it took to remain in Barbados" I felt like saying "Shut up! Shut up! SHUT UP! Do NOT let your employer hear that!!!!!!"

i love wfh but i seem to learn less on the job

Nice - that has actually occurred to me before; how the senior-level employees are even now more successful in their career because they're working-from-home in their nice peaceful houses with dedicated office-space, whereas entry-level business analysts like myself who are just earning enough to get by are stuck in our apartments and having to deal with neighbors below/above/next to you all day!

I love working from home.

And the fun is that have the relevant legal cover for WFH doesn't need to take years but this not defined atmosphere may help to many employers to create a pressure on employees. Let's be hones there are not that many of them who really, genuinely care. Because money first.

Well, time to ditch the nation-state idea even more, while making sure the service sectors are protected. Some people cannot work from home...

If workers unite, they will fight for their rights. So keep them alone, Working trapped in their hamster wheel homes.

At least the software companies should allow permanent WFH with teams meeting for a week every quarter to fulfil the human interaction and emotional connect.

Guys, you need to remember that small and medium enterprises are the largest providers of jobs not large firms.

I love work from home! The best thing that happened to me these times.

Support for work and women's rights. - India.

I love The Economist or financial time is very informative!!!

People might wanna be careful asking for full time wfh. You run the risk of your role being outsourced to a person in another country. Stick with Hybrid it least keep jobs local and personal. There are engineers and accountants can be hired remote in other countries for cheap. People have to be cautious. Not everyone can be a digital nomad it has consequences

I love work from home but never got a chance.

i really wonder how the average Finn would react to working in an average American job. I can't imagine their jobs are nearly as hard driven. I feel like here with the tight deadlines and ungodly expectations for productoivity, work/life balance sometimes really isn't an option.

Things get complicated when it's more than 6 months, if you stay less than 6 monhts that's fine. But things should be less complicated and countries should find a way to solve the taxing problem.

Ireland introduced to the right to switch off yesterday.

Consider making the video calmer, the background music and the quick cuts and editing are difficult to watch and take away from the information conveyed. I stopped half way through.

How many ads? Christ.

When you need to learn, just write and ask... much more simple...

One major pitfall is missing the daily commute to and from the office! Also, you miss your manager micromanage you and your work. Miss making small talk with your coworkers too.

I wish I had seen this earlier since this was also the question I was asked during my IELTS test three days ago.

where do you learn the essential job skills necessary to work at home?

8:09 How can you compare countries such as Luxembourg vs. Germany? The former has literally no industry and can easier work from home. It's like comparing Fox News vs. Economist :-)

Sorry but this is a very weak effort for The Economist. The journalism is trite, the video-editing is annoying and the audio mixing is crummy.

Work was usually done from home throughout history and only with the industrial revolution of the 18th and 19th centuries did we see production leave the home front and people "leave" home to go work in a factory or office. Neither did we see families broken up and institutionalized changing the role of fathers and now mothers so they can become workers for a company. Boys used to be educated by their fathers and girls their mothers and the elderly had their place in the family. In a way, the last industrial revolution hurt our families by moving production out of the home. We should remember that the rules we've been trained to think of as normal coming out of the soon to be obsolete industrial revolution of two centuries ago are not set in stone. Not that we should go back to pre-industrial ways, but we should think of new and better and more human friendly ways of living and working in today's rapidly changing world more compatible with the technological revolution of the 21st century.

Never say you would take a pay cut. Rather, argue the company saves money and you want a salary increase.

I notice the word law is used many times. This is incorrect .it's a maritime admiralty rules of the sea, as all monetary contracts are written in maritime, even your employment contract, so already every one is being ,miss led, therefore how can you trust what you're being told if you do not know the basics of your employment contract?

Deutschebank should stop money laundering before they start recommending taxes

HAHAH love the "you're on mute part at the end

Work from home would be the new normal.. how would the future turn out to be?? Well working from hometown should be encouraged. The property rates are going to the roof and living in cities are becoming difficult

Remote work came to stay, without no doubt!!

No new taxes!😤💯

i cant help but notice that most of these people are part of a class which ALLOWS them the luxury of working from home. conscerns like comfortable chairs and being payed more for working from home seem... a bit ignorent.... the largest work force in the USA is retail, and its growing... i have seen next to no reporting on how those people are handling "the new world of work" likely because it just didnt change that much. its just more dangerous.

After the pandemic, now I need glasses

Why there has to be legislation about remote work? Can just employees and employers decide based on their specific conditions?

Remote works create additional employment opportunities for earning especially in this pandemic time. But if you don´t have the resource to travel and work overseas you can still work from home in affiliate marketing and make daily income by receiving commissions just to promote others' products online. Very adaptable ways for those who want to improve their financial situation.

Background music makes it hard to listen.

🇧🇧 is super expensive tho! 🥲

Implement Better follow me cameras. Our living room TV can get a bigger screen and be more natural to observe rather than a laptop screen

You're mute! Most common phrase in online meeting... hahaha

She is going to be recalled home when Microsoft understands tax implications.

who animates this video? I like it

I'd love to work at home. I get work done in peace.

My work has employes sign out during blackouts, but you have to stay by your computer and wait for the power to come back on.

I work as a manager..I don't care about anything.. Pandemic, heavy rain,others rainfalls..I will have to go to lovely a enterprise ..

I didn't know banks write tax laws

Great segment!