> Companies could pay junior staff significantly more if they eliminated facilitates costs and in-office perks for those employees.
Those number seem weird to me. In my company, the office space amounts to roughly 10 to 15% of the wage cost. IE: if we completely cut offices, and replaced it with absolutely nothing, we could only afford to offer a one time 10% salary bump across the board. This is less that the average yearly salary bump we have offered on average over the past 5 years.
This means that we could give a one year "leap" in salaires if we moved to fully remote, forever, assuming that fully remote has absolutely 0 cost (which is not true).
> I'd wager that upgrading from an N bedroom to an N+1 bedroom apartment would be much cheaper than providing an office for the vast majority of junior employees
You are saying that you think it's more expensive to have an office space able to accommodate 50 workers, rather than paying for the difference in rent between an N bedroom and an N+1 bedroom for 50 families ? Again, this does not really match my perception of the real estate market.
Those number seem weird to me. In my company, the office space amounts to roughly 10 to 15% of the wage cost. IE: if we completely cut offices, and replaced it with absolutely nothing, we could only afford to offer a one time 10% salary bump across the board. This is less that the average yearly salary bump we have offered on average over the past 5 years.
This means that we could give a one year "leap" in salaires if we moved to fully remote, forever, assuming that fully remote has absolutely 0 cost (which is not true).
> I'd wager that upgrading from an N bedroom to an N+1 bedroom apartment would be much cheaper than providing an office for the vast majority of junior employees
You are saying that you think it's more expensive to have an office space able to accommodate 50 workers, rather than paying for the difference in rent between an N bedroom and an N+1 bedroom for 50 families ? Again, this does not really match my perception of the real estate market.