FT Weekend Magazine - 10.19.2019

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ILLUSTRATIONBY PÂTÉ

8 FT.COM/MAGAZINEOCTOBER19/


T


heconundrumofworking
inSanFranciscoishow
quicklythecity’sinsanely
highcostoflivingcaneatup
eventhemostoutsizedincomesin
thetechindustry. Whenrentinga
one-bedroomflatcosts$4,000a
month,youcanseewhysoftware
engineersonsix-figuresalariesare
stilllivinginhouseshares.
Theansweristogetajobinthe
SanFranciscoBayAreaandthen
move away.AmongmyUSfriends
whoworkintech,fullyremote
workisahighlysought-outsolution
tothepricesqueeze.Sinceliving
here,IfeelasifIhave hadthe
followingconversationonrepeat:
Friend:“I’ve appliedfora
newjob.IfIgetit,I’llbeleaving
SanFrancisco.”
Me:“I’llmissyou!Where’s
thecompany?”

Friend:“Well,it’shere.But
I’llbeinVirginia/MexicoCity/
Missoula/Chicago.”
Iknowworkingfromhomeis
commonplaceinlotsofjobsbut,
assomeonewhohasspentmostof
mycareeratanewsorganisation,
Ithoughtyouneededanoffice
togotoatleastsomeofthetime.
YethereontheWestCoast,where
spaceistightandstart-upsleapat
thechancetosave cashonrent,jobs
thatare100percentremoteare
fairly common.
Glassdoor,theemployee
reviewsite,publishedanarticle
titled“100%Remote!13Cool
CompaniestoApplytoToday”.
GitHub,awebsitewheredevelopers
collaborateoncode,hasalistof
largelyorfullyremotecompanies
operatinginfieldssuchas
softwaredevelopment,blockchain
andanalytics.Mostjobsare,
unsurprisingly, computer-based.It
ishardtobeadoctor,bankmanager
orchefwhoworksremotely. But
giveitafewyearsandmaybevideo

conferencing,3Dprintingand
roboticswillchangeeventhat.
Anecosystemofcompanies
alreadyexiststomakeiteasier
foremployeestocommunicate
withoutbeinginthesameplace.
Videoconferencingcompany
Zoomhadtheverygoodideaof
allowingparticipantstouseadigital
backgroundsonooneneedknow
theywereintheirkitchen,ora
supermarketcarpark,whileona
workcall.Itsshareslistedat$
earlierthisyearandhavemore
thandoubledto$74.
Fullyremoteworktendsto
betargetedatmillennials,which
makessensewhenyouthinkabout
thesizeoftheirstudentloansand
thecostofrentincitieswithbigjob
marketssuchasLondon,NewYork
andSanFrancisco.Whywouldn’t
theywanttolivesomewhereelse
andcutoutlongcommutingtimes
whilestillearningagoodsalary?
Workingfromhomecanalso
easesomeoftheimpracticalitiesof
urbanlife.InAugust,adesignerat

West Coastworkers
seekremotecontrol

thepaymentssoftwarecompany
Stripereceived94,000likesfor
histweet:“Stillhavenoidea
howpeoplecanworkafull-time
job,cookdinneroften,exercise
regularly, enjoyweekends,keep
theapartmentclean.Seemsbasic
butIcan’t consistently doit.” Amid
ahealthysmatteringofsnark,
therepliesweremostly helpful.
Trymealprep;laundryservices;
Roombaroboticvacuumcleaners.
Butoneofthemostpopular
involvedrethinkingthetraditional
set-upofofficework.
“Currentfull-time(40hr/wk)
jobsaren’t designedforsingle
peopletodothis;they’repostwar
relics&dependontheunpaidlabor
ofaspouseforcooking,cleaning,
shoppingetc”wroteone.“Basically,
youdon’t gettobeHomerdrinking
beeratMoe’s onTuesdaywithout
Margehandlingthehome.”

Remoteworkingpromisestobe
apartialcorrective.Theproblem
isthatthefocusisoftenfromthe
pointofviewofemployersand
howtheycanbesureemployees
areactuallyworking.Socialmedia
managementstart-upBuffer,which
hasafullyremoteteamafterclosing
itsSanFranciscooffice,wrote
asmuchwhenitcalledworking
remotely“ahugeprivilege”forits
staff.Yetmanyjobsthatinvolve
remoteworkareproject-oriented,
meaningthatitisobviouswhether
ornotworkhasbeendone.
Therealquestionishowgood
thisisforemployees.Ononehand,
theycanmove tomoreaffordable
locations.Ontheother,there
istheproblemofisolationand
increasinglyblurredboundaries
betweenhomeandworkthatcan
feelunhealthy.Asonefriendwith
afullyremotejobputitwhen
describingthebenefits:“Weekends
usedtobethebesttimeforme
togetworkdoneuninterrupted.
Now Igettoworkeverydaylikeit’s
aweekend.”

TECH WORLD


NOTESFROMADIGITAL BUNKER


BY ELAINEMOOREIN SANFRANCISCO

Whynot live elsewhere
andloselongcommuting
timeswhilestillearning
agoodsalary?

ElaineMooreistheFT’sdeputy
LexeditorinSanFrancisco
Free download pdf