RTO - September 6 = Judgement Day (and no one can predict how things will play out)

 In post-normal times in management-labor relations no one can predict how the current aggressive push by employers for RTO will play out. Not for employers. Not for workers. 

Input on that kicks in after Labor Day September 6th. 

Some organizations such as elite law firm Paul Weiss had August be totally WFH. Now there will be a resumption of RTO, on a hybird basis. 

The undertow of the entire RTO matter consists of unanswered questions about where work is done. They include:

Does WFH reduce productivity? 

Can young professionals receive the mentoring and training which are usually assessed as standard if they aren't in the office regularly - preferably on a full-time basis. 

Does remote work compromise job security and the ability to climb the ladder? Should workers recognize the career tradeoff they could be taking on?

Is bonding among co-workers - those expected office friendships - unavailable?

Meanwhile, a sign of this era of confusion, a major media story is that JPMorgan Chase CEO Jamie Dimon mandates RTO. Of course, in that, he risks being an out-of-date elite white-guy leader. Simultaneously those employees not gleefully doing the RTO risk being targeted for layoffs. The decline in profit centers such as dealmaking and IPOs can result in a 10% Reduction-in-Force on Wall Street. Because models disrupt quickly in finance once out it's hard to get back in.

Some watchers of this workplace issue label that end of summer date of September 6th as "Judgement Day." What will be judged is this: How much power do employers have over the labor force? Will workers cave and leave entirely or reduce time in WFH? Or will there be a new wave of resignations? There is also the possibility of accelerated "quiet quitting."

CNBC reports that overall the workforce still perceives that it has the upper hand in this festering matter. The example provided is that some employees at Apple are pushing back on RTO three days a week instead of two. 

But the world of work keeps changing. The position of strength myriad employees had during the pandemic boom is eroding. 

Yes, there continues to be a chase after talent in some niches such as management consulting. 

But in others, such as Wall Street and Big Law, with a slowdown in demand, myriad professionals are jittery about holding onto their jobs or what their bonuses will be. What's at stake is the ability to continue funding their lifestyles. Those range from affording a roof over their heads in a major metro area to paying the tuition for private schools for their children. 

In my intuitive career coaching, the majority of clients are traditional in attitudes toward working. They don't discuss what ought to be. Their objective is to put their best foot forward in how things really operate.

Your just-right professional fit. You can bypass the usual pain points. That includes Tarot readings, both spreads and one-card pulls. Complimentary consultation for coaching, job-search materials, and interviewing. Please contact janegenova374@gmail.com or text 203-468-8579. 

Comments

Popular posts from this blog

Kirkland & Ellis Reported to Be Building Moat Around Firm to Deter Poaching of Stars

Akin Gump Julia Ghahramani's March 2021 Cocaine+ Death - So?

Up-or-Out: McKinsey Raises the Pressure, In Contrast Some Law Firms Ease It through Nonequity Partner Tier