So, let’s get this straight. The company had record earnings EVER for 2021. And where were we? WFH! I contribute it to no commute, happier work life balance. I work HARDER from home because I’m more happy and no office distractions. The no commute alone frees up a couple of hours a day. I grab a sandwich at lunch time and eat at my desk. So the question is, if we have worked from home for 2 years, and WE the employees in the trenches made that happen why would they be forcing RTO so hard? A lot of us are back office, not customer facing so what’s the point?? Has to be more to us just having “butts in seats”. Real Estate issues? I don’t know but it’s ki----g employee morale.
6 replies (most recent on top)
Anything excuse to stay home.
The bank would've made record profits regardless of WFH or RTO. You WFH and being "productive" did not contribute for the record profits. Most of it came from underwriting the PPP loan.
@sco+1f06aIF1 ooooh, ordering UberEats, from a chain restaurant; you're that lazy you can't even get off your couch to get food or make it yourself, only a few steps to your kitchen This refusal to RTO is mind boggling to me. bunch of lazy fat Americans. Your muscles and brain have atrophied from bingeing on Netflix while WFH.. No wonder why the jobs are being off shored to India.
Don't want a bunch of commercial real estate loans to go belly up
This is a reply to wsg+1f06aIF1. I get boosting local businesses but we don’t have to be at an office to do this! I’m like you, when I did go into the office I took my coffee and sack lunch. Working from home I order take out or Uber eats WAY much more so in my opinion I’m supporting local businesses way more. Btw. My post was because I was on MyWork for over a decade. So this whole RTO thing is just mind numbing to me.
The record profits are not from WFH lol. It is due to monetary policy st the federal level. In 2021 every single asset class hit record highs. Considering we are a bank.. That is why bofa did so well.
I think it is all about getting the economy boosted. If ppl RTO they will be out spending money in the communities where they work. This is needed to support service industry jobs that cannot be done from home. Basically this is what the new mayor of NYC stated when he took office earlier this month.
However, even when I RTO I will not be supporting the local businesses because I always bring my coffee and lunch from home. I did this before pandemic, so it’s nothing new for me. My function is back office and the team I work with is not co-located, so I have no net gain RTO. I will sit at my desk and interact with nobody. In fact, the vast majority of the ppl I work with are still in MyWorks, somehow they were not sent back to the office when the bulk of associates were pulled from that program. So those lucky ppl, and it’s a very large group across multiple sites, will get to continue to wfh. Infuriating.
100%.