It's hard to quantify the potential loss of productivity or collaboration caused by working from home, though. No way to find out either, unfortunately.
I guess that remote workers in the past were those motivated enough to seek it out and thrive despite against a strong sentiment against it. Now, those who weren't have to work remotely anyway.
That’s about 0.6% of revenue for Google. Number sounds big until you put it in perspective and realize it’s just noise.
If people were even 1% less productive (in terms of producing revenue) then even that $1B saved isn’t profitable.
That said, there could be other arguments for expanding WFH but saving less than 1% of expenses is not one of them. It’s likely that the savings are largely due to COVID preventing typical travel anyway, which had nothing to do with WFH.
The $1B is investment. It's not bloat or inefficiency. In theory, that $1B that they were not able to invest this past year has a return greater than a billion dollars.
In all disciplines? No. Take someone who works in branding and is a part of a 20 member team. How long does it really take to come up with a new copy? 20 minutes? 2 hours? 20 hours? And is it really better to incentivize people to spend only 20 mins, or is there value in giving them 20 hours? Finally, how would you measure which option is better when most copy is not A/B tested. I am just using one random example, there are so many out there where performance evaluation is as much about your day to day observations as it is about measurable output.
You can't rule confounders out. Is this team performing worse because they work from home, or because pandemic affected their mental well-being? Or maybe their clients aren't willing to spend much, leading to low sales?
thrwyoilarticle|4 years ago
k__|4 years ago
But arguing around $1B saved won't be easy.
PragmaticPulp|4 years ago
That’s about 0.6% of revenue for Google. Number sounds big until you put it in perspective and realize it’s just noise.
If people were even 1% less productive (in terms of producing revenue) then even that $1B saved isn’t profitable.
That said, there could be other arguments for expanding WFH but saving less than 1% of expenses is not one of them. It’s likely that the savings are largely due to COVID preventing typical travel anyway, which had nothing to do with WFH.
missedthecue|4 years ago
f6v|4 years ago
newsclues|4 years ago
aerosmile|4 years ago
f6v|4 years ago