dealtn wrote:Interesting to note that all seem to think there is no cost for employers of their employees working from home. I'm not sure long term how this works out but if every "house" has to have an office space in some form or another I wouldn't be surprised if this gets "rented" and the Office costs saved from downsizing might not be as great as assumed. In the same way that company cars for salesmen (as an example) get provided by the employers, I wouldn't be surprised to see an "Office" allowance become the norm for those that work at home, such that the savings are shared.
If I was the boss of a company looking to reduce office space costs, I'd argue that the cost of employees providing their own space is balanced by their reduced costs (travel, clothing, coffee, etc) and increased convenience. There may be room for negotiation for people with in-demand skills in a shortage skill area, I doubt anyone else would have much bargaining power. Especially as allowing staff a mix of home and office working potentially widens the geographic recruitment area (which could be interesting for London housing rental prices and possibly London salaries), a long commute isn't so much of a problem if it's only once or twice a week, or even less frequently.
Well I was talking long-term, but even in the few minutes since posting I have found this.https://www.telegraph.co.uk/technology/ ... king-home/
possibly paywalled. Essentially there is a recognition, in Switzerland at least, that the employer is utilising property that doesn't belong to them, and isn't being rented, but provided by the employee.
In fact the more I think about it the more difficult it becomes for this to be thought about in a simple way. Not every home is set up to accommodate home working. How do those with just a studio flat, or one bed flat compete with other employees that have 3 bed semis, or detached houses with rooms available for "conversion" to home offices. If this becomes a permanent route for employers to employ staff how long before discrimination cases are attempted?
Can those still living with parents, or in House of Multiple Occupants, even married couples work in a shared way? What happens if they "need" to rent a room at the local library, or rent-an-office? Is that their cost or can that be passed on to the employer, and if so what stops others that don't need to do this from being given an "allowance".
In the long term I am sure the "way we work" will change. I am less confident that all the cost will be borne by employees, some will be borne by employers. As such this needs to be factored in to the rental "saving" argument, and the impact on Office owners, and REITs.