For the Real Estate Drop in sales and price Naysayers HOLD ONTO YOUR HATS

[DWC]

Well @PaPaG Looks like you've been checkmated by the WH, There will be no recession

View attachment 1139903

Scariest post on this thread.

 

[shintoooo]

This week will be the eye opener

I agree. Google and MSFT earnings on Tuesday, you have the Fed and gdp this week, and AAPL earnings on Thursday. Going to be fun.

 

[RiverDave]

Automation is the future. I don't mean just in manufacturing.
Why do you need to pay for office space for a call center that provides service? How about a call center for Sales?

How many people are still calling for service? How is the culture changing? WFH is a disruption that we will learn to navigate.

No one wants to sit on hold listening to a recording while they wait for an available tech. Things like FAQ bots, SalesForce Call tickets, and remote log-in quickly evolve.
"Smart Money" does not want to pay high wages for a person to drive to a call center with their fossil fuel-eating commuter car any more than an engineer wants to sit in traffic or pay housing costs because his company is in a high-rent district.

Furthermore, technical assistance should not be limited to regular work hours in whatever time zone you are in. Poor service is not a byproduct of WFH, those employees sucked when they came to the office. The best employees are still exceptional but have learned how to improve their lives by not wasting time sitting in traffic, maintaining a cleaning bill for the suit, and can navigate a day's worth of work in less time while still walking the dog and perhaps even recreating midday.

Only one of my employees reports to a factory location every day, but it is because he wants to get away from his wife.

The only downside is workers are less emotionally connected, which is fine by me. I don't miss the bowling league or constant requests to donate blood, food, or Christmas gifts.


Sometimes you gotta fire your customers.

Disagree entirely. I don’t feel they are emotionally involved in the job / career / business. It’s hard to think about xyz, when you are stepping over kids toys and pouring cheerios into a bowl at 10:30 am.. lol.

When people goto work, they GOTO WORK! When they are at home they are navigating home and work..

 

[monkeyswrench]

I agree. Google and MSFT earnings on Tuesday, you have the Fed and gdp this week, and AAPL earnings on Thursday. Going to be fun.

What's really weird about the broad cross-section of humanity on this site...some of us had no clue any of those things were happening this week. I know the fed and gdp are pretty important, but honestly, have no clue how it will effect me.

In the mean time, just looking at the weather forecast...looks like we're going to get rain here. That's as far as my predictions need to go...and they can't even get that right.

 

[RiverDave]

Well @PaPaG Looks like you've been checkmated by the WH, There will be no recession

View attachment 1139903

That’s fucking crazy. Lol

 

[RiverDave]

What's really weird about the broad cross-section of humanity on this site...some of us had no clue any of those things were happening this week. I know the fed and gdp are pretty important, but honestly, have no clue how it will effect me.

In the mean time, just looking at the weather forecast...looks like we're going to get rain here. That's as far as my predictions need to go...and they can't even get that right.

Don’t feel bad.. half these threads are like reading Chinese to me.. especially when drunken sailor posts.. I’m always sitting there scratching my head and feeling stupid after I read one of his posts.. lol.

 

[Havasu Rehab]

This week will be the eye opener

How ominous... Care to enlighten us further?

 

[Bobby V]

How ominous... Care to enlighten us further?

See post 1152

 

[LargeOrangeFont]

Disagree entirely. I don’t feel they are emotionally involved in the job / career / business. It’s hard to think about xyz, when you are stepping over kids toys and pouring cheerios into a bowl at 10:30 am.. lol.

When people goto work, they GOTO WORK! When they are at home they are navigating home and work..

Those people are getting coffee, smoking, BSing with each other, playing on their phone, or playing grab ass with coworkers.

A shitty employee will be shitty at the office or at home.

 

[LargeOrangeFont]

I agree. Google and MSFT earnings on Tuesday, you have the Fed and gdp this week, and AAPL earnings on Thursday. Going to be fun.

You know the GDP is gonna be bad if the White House is making its talking points for CNN and MSNBC public about how we aren’t in a recession

 

[DWC]

Disagree entirely. I don’t feel they are emotionally involved in the job / career / business. It’s hard to think about xyz, when you are stepping over kids toys and pouring cheerios into a bowl at 10:30 am.. lol.

When people goto work, they GOTO WORK! When they are at home they are navigating home and work..

Agree with you 100%. Companies are still trying to unravel the work from home mess created by the Vid. We went back to 3 days a week mandatory office time for the most part. 3 has turned mostly into 2 at best. Best guesses is 30% of the impacted workforce will quit. These aren’t low paying jobs. Good jobs, solid pay, benefits and bonuses. There are too many companies willing to pay top dollar for experienced talent right now.

 

[Englewood]

Since you seam to have it figured out what is the timeless look ? I dont want to remodel my house every 5 to 8 years .

It’s true. Grey is already going out and will be like 4” white tiles was in the 90’s.

 

[monkeyswrench]

It’s true. Grey is already going out and will be like 4” white tiles was in the 90’s.

Grey is on the way out...but what about "gray"?

 

[hman442]

Grey is on the way out...but what about "gray"?

Gray is still good.

 

[NicPaus]

Since you seam to have it figured out what is the timeless look ? I dont want to remodel my house every 5 to 8 years .

This house is Frost exterior 55 gallons worth. Just painted the kitchen at our other property Frost on Friday. My Fiance and my Designer is all about the Frost. White for cabinets.

 

[NicPaus]

Are white cabinets still in style? Asking for a friend...

Shaker white . 9 out of 10 kitchens the last 2 years to be exact.

 

[rivermobster]

Since you seam to have it figured out what is the timeless look ? I dont want to remodel my house every 5 to 8 years .

Anything built by this guy...

 

[RiverDave]

It’s true. Grey is already going out and will be like 4” white tiles was in the 90’s.

We had 4 inch white tiles in the 70’s. Lol

 

[RiverDave]

Those people are getting coffee, smoking, BSing with each other, playing on their phone, or playing grab ass with coworkers.

A shitty employee will be shitty at the office or at home.

I can only speak from my life experiences and I’d disagree..

 

[LargeOrangeFont]

Agree with you 100%. Companies are still trying to unravel the work from home mess created by the Vid. We went back to 3 days a week mandatory office time for the most part. 3 has turned mostly into 2 at best. Best guesses is 30% of the impacted workforce will quit. These aren’t low paying jobs. Good jobs, solid pay, benefits and bonuses. There are too many companies willing to pay top dollar for experienced talent right now.

At every client of mine and those of my coworkers.. it’s all above 80% that want to keep working from home when polled internally. These are across big tech, finance, manufacturing, mostly Fortune 500 companies.

I think the shift in the next couple years is going to be from trying to unsuccessfully unwind WFH to how to better integrate it into the workplace culture.

 

[LargeOrangeFont]

I can only speak from my life experiences and I’d disagree..

That a good employee is good regardless of location, and you won’t make a bad employee any better by making him come into an office?

 

[gqchris]

I can only speak from my life experiences and I’d disagree..

How many decades ago was it Dave that you had to go to an office? You are the OG WFH pioneer!

 

[gqchris]

That a good employee is good regardless of location, and you won’t make a bad employee any better by making him come into an office?

This is true. And also my 50% work throttle is most peoples 110%. So now I have the opportunity to finish my work early and plan my day without being in the same building with dipshits that rather be on Facebook all day!

 

[LargeOrangeFont]

This is true. And also my 50% work throttle is most peoples 110%. So now I have the opportunity to finish my work early and plan my day without being in the same building with dipshits that rather be on Facebook all day!

This is how I was wired from day 1 as well, and why I’ve always enjoyed working remotely. I can sit down, focus for a few hours and knock everything out I need to and move on with my day.

The days where I was office was always negative productivity. I wasn’t able to get anything done.

All that said you need to give a WFH employee all the tools they need to be successful. Some companies are much better at that than others.

 

[RiverDave]

That a good employee is good regardless of location, and you won’t make a bad employee any better by making him come into an office?

I’m not gonna argue it into the ground like rack storage.. lol

i can tell you for me personally it is much better to separate business from home life.

 

[RiverDave]

This is how I was wired from day 1 as well, and why I’ve always enjoyed working remotely. I can sit down, focus for a few hours and knock everything out I need to and move on with my day.

The days where I was office was always negative productivity. I wasn’t able to get anything done.

All that said you need to give a WFH employee all the tools they need to be successful. Some companies are much better at that than others.

So you would argue making a shitty employee goto work won’t make them better.. but you are better working remotely? Lol

Even you have to see the holes in that..

 

[RiverDave]

How many decades ago was it Dave that you had to go to an office? You are the OG WFH pioneer!

I know.. lol and had I gone to work everyday from 8-5 like I used too I’d probably be way further ahead in life.. so would rdp!

 

[LargeOrangeFont]

I’m not gonna argue it into the ground like rack storage.. lol

i can tell you for me personally it is much better to separate business from home life.

There is nothing wrong with that. Every person works differently. The vast majority of people that worked from home want to continue to.

 

[LargeOrangeFont]

So you would argue making a shitty employee goto work won’t make them better.. but you are better working remotely? Lol

Even you have to see the holes in that..

I didn’t say I was any better.. I said I have a better work/life balance working from home and get things done faster.

Those are 2 different things.

Now if I’m able to work more efficiently from home, that can mean 2 things, more productivity and/or a happier employee, which leads to better results and outcomes for the employer.

Again that is provided you have the tools in place.

 

[Flatsix66]

It sure is nice to stomp into someone's office/cube first thing in the morning and see a live person and bark out "where the fuck is the xxxx presentation for our 2 o'clock" and watch them jump and get it done in time. VS the WFH employee, and try to PM, text, email, call only to get excuses and need to reschedule. Guess who is not getting promoted next time when the Career Progression cycle comes around, guess who is going to be at the top of the RIF list if shit goes south?

 

[Sportin' Wood]

@RiverDave @gqchris @LargeOrangeFont

Edit: added as a resource.
Four-Hour Work Week

All good points. The next step in this transition from traditional office space work and hybrid, or WFH, is compensation. I could see a shift into more performance-based pay becoming a compromise for traditional hourly pay wages. back in 2008, when we built Hammerking Productions and KOH every employee was remote, we had no office, and we paid contractors based on the deliverables. We had to tip the pay structure upside down because cash flow was tight, and the economy was crap.

For every start-up since, I used this formula. It took me a while to accept that portions of the workforce did their best work all night long and slept until noon.

Where WFH gets challenging is in management. It takes work to manage someone you can't see, has no idea if they are on time or if they are stepping over kids, walking dogs, or basically enjoying life as opposed to being stuck in a miserable office getting interrupted all day by gossiping and watercooler talk.

Maybe I am a pessimist, but I believe the Boomer work culture has been shattered. There has been way too much influence concerning how short life is, how your happiness is more important than making money, building a career, or loyalty to your job. Everywhere we turn, the message does not promote standing on an assembly line building a product.

Years ago, I took over management of a sales call center that was underperforming. These people hated their jobs, called Cube Life, Cellblock A-B-C, the meat grinder, etc. They showed up late, surfed the web all day, took long breaks, and sales performance sucked. The company was never going for a WFH for these misfits, and they insisted on a time clock as part of the make-over.

I showed them the first week we had a record of the websites they visited and the time spent on each site. They were surprised big brother was watching (dummies) I restructured the pay to drastically incentives performance and dropped the hourly wage significantly. I could not do anything about the time clock, but I had flexibility with the two mid-day breaks, so I used that as the carrot. Three people quit in the first six weeks. The three worst offenders. Sales went up overnight and continued to climb.

No other employees quit after the first round, and they are making way more money today. On Sept first, they finally get the freedom to work from home two days a week.
They continued to use tools I developed around performance-based pay long after I moved to new roles in the business.

Work from home works best with clearly defined deliverables. I will pay you X in exchange for Y. Do it as fast as you can, and you have the options of free time or taking on more work and making more money. Very much like piece work, it gets a lot easier to factor in labor costs with a fixed value as opposed to a subjective hourly wage.

 

[Sportin' Wood]

It sure is nice to stomp into someone's office/cube first thing in the morning and see a live person and bark out "where the fuck is the xxxx presentation for our 2 o'clock" and watch them jump and get it done in time. VS the WFH employee, and try to PM, text, email, call only to get excuses and need to reschedule. Guess who is not getting promoted next time when the Career Progression cycle comes around, guess who is going to be at the top of the RIF list if shit goes south?

If you stomped in my office and barked that order my response; check your inbox, it was there three days ago, I'm coming for your job. Maybe you should stop day trading, surfing RDP, and sports book gambling all day and manage your shit!

 

[monkeyswrench]

What's funny, "Work From Home" is a big deal for many of you. I guess the commute and only having to half dress is a selling point.
Blue collar folk will still have to strap on boots and commute...
And will start charging more for residential jobs, because you people will be home

 

[Badchoices03]

Disagree entirely. I don’t feel they are emotionally involved in the job / career / business. It’s hard to think about xyz, when you are stepping over kids toys and pouring cheerios into a bowl at 10:30 am.. lol.

When people goto work, they GOTO WORK! When they are at home they are navigating home and work..

It really depends on the worker, a shitty worker at home is a shitty worker in the office. You talk about stepping over toys and pouring cheerios at home, what about the yappy coworker at the office that wants to talk about their personal life or show you pics of her kids, or sell you some fundraising thing, there are just as many distractions in the office if you let there be.

My wifes work for instance, they went work from home completely during the pandemic, then they wanted to bring everyone back...the two CEO's disagreed, one was a firm supporter of working from home and one was not...so they settled for 2 days at home and 3 days in the office...unbeknownst to the employees over a month period they measured their performance between days in the office and days at home.....and across the board between 15 office employees, every single one of them got more shit done at home then they did in the office...just one example. Although there are some roles that have to be done in the office, not all of them do. .

 

[lbhsbz]

We had a couple WFH employees who I swear took a second job. With the increased productivity, they were able to consolidate their work into about 3 hours/day, then worked for someone else the rest of the day.

 

[LargeOrangeFont]

@RiverDave @gqchris @LargeOrangeFont

Edit: added as a resource.
Four-Hour Work Week

All good points. The next step in this transition from traditional office space work and hybrid, or WFH, is compensation. I could see a shift into more performance-based pay becoming a compromise for traditional hourly pay wages. back in 2008, when we built Hammerking Productions and KOH every employee was remote, we had no office, and we paid contractors based on the deliverables. We had to tip the pay structure upside down because cash flow was tight, and the economy was crap.

For every start-up since, I used this formula. It took me a while to accept that portions of the workforce did their best work all night long and slept until noon.

Where WFH gets challenging is in management. It takes work to manage someone you can't see, has no idea if they are on time or if they are stepping over kids, walking dogs, or basically enjoying life as opposed to being stuck in a miserable office getting interrupted all day by gossiping and watercooler talk.

Maybe I am a pessimist, but I believe the Boomer work culture has been shattered. There has been way too much influence concerning how short life is, how your happiness is more important than making money, building a career, or loyalty to your job. Everywhere we turn, the message does not promote standing on an assembly line building a product.

Years ago, I took over management of a sales call center that was underperforming. These people hated their jobs, called Cube Life, Cellblock A-B-C, the meat grinder, etc. They showed up late, surfed the web all day, took long breaks, and sales performance sucked. The company was never going for a WFH for these misfits, and they insisted on a time clock as part of the make-over.

I showed them the first week we had a record of the websites they visited and the time spent on each site. They were surprised big brother was watching (dummies) I restructured the pay to drastically incentives performance and dropped the hourly wage significantly. I could not do anything about the time clock, but I had flexibility with the two mid-day breaks, so I used that as the carrot. Three people quit in the first six weeks. The three worst offenders. Sales went up overnight and continued to climb.

No other employees quit after the first round, and they are making way more money today. On Sept first, they finally get the freedom to work from home two days a week.
They continued to use tools I developed around performance-based pay long after I moved to new roles in the business.

Work from home works best with clearly defined deliverables. I will pay you X in exchange for Y. Do it as fast as you can, and you have the options of free time or taking on more work and making more money. Very much like piece work, it gets a lot easier to factor in labor costs with a fixed value as opposed to a subjective hourly wage.

I agree with you 100%

Management is the key in a WFH scenario and the traditional workforce model is dead. People will take less money not to have to come into the office.

 

[LargeOrangeFont]

It sure is nice to stomp into someone's office/cube first thing in the morning and see a live person and bark out "where the fuck is the xxxx presentation for our 2 o'clock" and watch them jump and get it done in time. VS the WFH employee, and try to PM, text, email, call only to get excuses and need to reschedule. Guess who is not getting promoted next time when the Career Progression cycle comes around, guess who is going to be at the top of the RIF list if shit goes south?

Guess who will have high employee turnover, shit productivity, and complain on RDP they can’t hire anyone worth a damn.

 

[monkeyswrench]

Question: Never given it much thought, because I don't really work...

How will WFH effect other businesses?
Anything from gas stations to restaurants...any business that people stopped at before or after work? Sounds like Amazon will be a king, and every mom and pop will be screwed.

 

[Sportin' Wood]

What's funny, "Work From Home" is a big deal for many of you. I guess the commute and only having to half dress is a selling point.
Blue collar folk will still have to strap on boots and commute...
And will start charging more for residential jobs, because you people will be home

I stole my performance-based WFH model from the construction industry piece worker model. I was a C36 plumbing contractor for ten years. Before that, I was always jealous of the carpenters staking roofs and making piecework. Those guys made some bank hitting multiple sites in a day, working sun up to sun down. I admired the work ethic and self-management style.

Blue collar tradesmen are the OG WFH. The office is a truck. Work for multiple GCs and set your schedule. Some of those guys did six days of work in three days.

 

[Bobby V]

Question: Never given it much thought, because I don't really work...

How will WFH effect other businesses?
Anything from gas stations to restaurants...any business that people stopped at before or after work? Sounds like Amazon will be a king, and every mom and pop will be screwed.

I know my local dry cleaners has taken a big hit. No need to dry clean PJ's.

 

[Bpracing1127]

I start my WFH job in a week!!! I am excited to go to the river more now

 

[SPYLIFE]

Back in 2011 we decided to the move the business out of the home (girlfriend and I), and took office space. Our employees work in the field, in other states from where we live. We did this for about 2 years, then moved it back to the house. Our quality of life is way better having it at home, but no way are we as productive as we were back then.

WFH is also hurting our business in the sense adultery many times starts in the workplace, so people are no longer honking their co-workers as much.

 

[Havasu blue label]

It called work ethic you have it or you don’t

 

[angiebaby]

I know my local dry cleaners has taken a big hit. No need to dry clean PJ's.

They seem to have all doubled their prices, so I guess they will be okay. They lost my business because of price increases, not because I no longer need their services. Now, with every shirt I starch and press, I think, "I just saved $4." $1.75 to $4/$5 is a huge jump.

 

[LargeOrangeFont]

WFH is also hurting our business in the sense adultery many times starts in the workplace, so people are no longer honking their co-workers as much.

Yore in the business of giving adulterers a place to “adult” with their coworkers?

 

[Badchoices03]

Yore in the business of giving adulterers a place to “adult” with their coworkers?

Im guessing with the screename of "Spylife", they are probably hired to follow suspected cheaters around to see what they are up to...

 

[MPHSystems]

I’m still holding onto my hat.


Is it time I can set it down now?

 

[LargeOrangeFont]

Im guessing with the screename of "Spylife", they are probably hired to follow suspected cheaters around to see what they are up to...

I figured as much lol

 

[monkeyswrench]

I stole my performance-based WFH model from the construction industry piece worker model. I was a C36 plumbing contractor for ten years. Before that, I was always jealous of the carpenters staking roofs and making piecework. Those guys made some bank hitting multiple sites in a day, working sun up to sun down. I admired the work ethic and self-management style.

Blue collar tradesmen are the OG WFH. The office is a truck. Work for multiple GCs and set your schedule. Some of those guys did six days of work in three days.

It was a weird and not exactly legit deal. Some of my guys liked piece, others were per hour....and then some. The piece guys, younger ones at least, may only want a certain square per day. The per hour + guys, you could count on them for a given number, everyday...damn fast on residential. Those guys weren't anywhere near the fastest on flat work, but needed to keep them on anyway to balance the other jobs. It was really weird, like playing a strategy game. Keeping all the pieces moving together...and not killing each other
But the views were good, and always changed. By the time you were sick of the view or the commute, job was done and on to the next. The job itself sucked, dangerous and painful, but there were perks and people I do miss.

 

[rivermobster]

I stole my performance-based WFH model from the construction industry piece worker model. I was a C36 plumbing contractor for ten years. Before that, I was always jealous of the carpenters staking roofs and making piecework. Those guys made some bank hitting multiple sites in a day, working sun up to sun down. I admired the work ethic and self-management style.

Blue collar tradesmen are the OG WFH. The office is a truck. Work for multiple GCs and set your schedule. Some of those guys did six days of work in three days.

Ive Always thought every job in the world should be commission based...

Rechecks? Mistakes? You get to fix your fuck ups for free.

This very much encourages doing something right the first time.

I trained a guy one time, who after awhile said to me...

Yano, it really doesn't take much longer to do Everything right the first time.

At that point, I knew my job was done. Great sense of satisfaction for me.