[HN Gopher] At JPMorgan, productivity falls for younger employee...
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       At JPMorgan, productivity falls for younger employees at home
        
       Author : davidw
       Score  : 5 points
       Date   : 2020-09-14 16:29 UTC (6 hours ago)
        
 (HTM) web link (www.bloomberg.com)
 (TXT) w3m dump (www.bloomberg.com)
        
       | ghaff wrote:
       | Dimon kind of throws them under the bus, doesn't he:
       | 
       | "Work output by younger employees was particularly affected on
       | Mondays and Fridays, according to findings discussed by Chief
       | Executive Office Jamie Dimon in a private meeting with Keefe,
       | Bruyette & Woods analysts. That, along with worries that remote
       | work is no substitute for organic interaction, are part of why
       | the biggest U.S. bank is urging more workers to return to offices
       | over the coming weeks."
       | 
       | Of course, if one were cynical, you might suspect he wanted
       | return to office anyway and young workers are a convenient and
       | safe group to blame.
        
         | zepto wrote:
         | Do you think he's just lying about it?
         | 
         | When I was a younger worker I certainly did slack off on Friday
         | and Monday when I could get away with it.
         | 
         | I've worked in more than one office where people started
         | drinking on Friday afternoon _in the office_ when the CEO was
         | out of town.
        
           | nsriv wrote:
           | You're right in that most office workers take Monday to get
           | going and wind down on Friday, but Jamie Dimon is the guy
           | that lied in Congressional testimony multiple times, so
           | that's equally likely.
        
           | ghaff wrote:
           | >Do you think he's just lying about it?
           | 
           | Not really. But the general impression from the piece is that
           | he has various less-quantified reasons for wanting more
           | people back to the office and slacker younger workers does
           | seem like a convenient excuse -- especially if there's _some_
           | truth to it (which is entirely possible). FWIW, if I were in
           | my twenties at this time, I 'm not sure I would trust myself
           | to keep plugging away.
        
             | toomuchtodo wrote:
             | I'm in my 30s and I personally have a hard time being
             | productive when the world is literally and metaphorically
             | on fire and plague stricken. Being in an office would not
             | change this.
        
               | dv_dt wrote:
               | Being in an office would make me more distracted imho.
               | Between wondering if the ventilation is giving me covid
               | from carless co-workers, to being more separate from
               | family and home should another disaster crop up.
        
         | joezydeco wrote:
         | What kind of work are these junior employees doing that is this
         | highly measurable?
        
           | ghaff wrote:
           | JPMC is a huge institution so it's hard to answer. Certainly
           | there are many roles in trading, working with clients,
           | support, etc. that will have pretty quantified metrics
           | associated with them.
        
             | dv_dt wrote:
             | How does anyone take quantified metrics seriously if trying
             | to compare pre-covid market bubble data to in-covid
             | recession/market bubble. The environments are completely
             | different.
        
       | [deleted]
        
       | el_don_almighty wrote:
       | The old guys want us back in the office as well. The party is
       | over. It's a shame. I am getting so much more done at home. I
       | can't believe I have to go back to that hell hole. There's no way
       | I can replicate my home office setup. I think I am going to glue
       | my headphones to my head claim it as an ADA accommodation...
        
       | lwigo wrote:
       | Am I supposed to feel bad for JPMC?
        
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       (page generated 2020-09-14 23:00 UTC)