As a prolific author, upstart entrepreneur, celebrity podcaster, and marketing guru par excellence, NYU Professor Scott Galloway used to be the man calling the dinosaurs and pushing for new ways of thinking.
do not miss
But when Galloway recently spoke at the Wall Street Journal CEO Council summit, he sounded downright Jurassic when He said On telecommuting: “You should never be home. That’s what I always say to young people. Home for seven hours of sleep and that’s it… You should be out.”
As if the pandemic never happened, right?
Galloway, who teaches marketing and co-hosts the popular Pivot podcast, believes that the amount of time spent at home is inversely related to “professional and romantic success.” However, his recent comments, since going viral, have reignited The controversy over teleworktheir social impact and whether older generations (Galloway 58) are remote from the challenges and choices of Generation Z.
Galloway’s fallout
Galloway certainly has some fair points. Relationships are the currency of a successful career, according to the professor’s podcast comments and media appearances. He also expressed concerns about loneliness and increased The deterioration of the mental health of young people.
However, the mental decline can be attributed to the resulting stress Detailed management in the office, For example. Meanwhile, Professor Galloway’s comments have gone viral on TikTok. Younger users on the platform dismissed the professor’s comments, focusing on the economic climate and costs associated with commuting.
“This is total BS,” said one user. “The bustle of culture sprinkled with consumption.” Other comments discussed the high cost of rent and shelter to justify staying home or the expenses associated with traveling and eating on the way to the office. “You go out and spend $100,” said one user.
The cost of housing was another major factor for many in the comments section. If you pay more than a quarter [of] Monthly rent, I enjoy my space,” said one. All of this prompted BuzzFeed staff writer Krista Torres to note: “I’ve never seen Gen Z and millennials come together so hot.”
Others pointed out that online dating meant that workers did not need to go out to find relationships and that proximity to family and pets was better for happiness and life satisfaction, even if it delayed their careers.
Read more: Shopping without a cashback credit card is just losing money – here How to make sure you don’t miss out on serious savings
Is telecommuting here to stay?
Despite pressure from younger workers, older business leaders appear eager to get workers back to their offices. JP Morgan, Citibank and Goldman Sachs have all called employees back to work in recent months, while tech companies like Snap and Tesla have imposed restrictions on remote working.
Elon Musk, CEO of Tesla, has gone so far as to call telecommuting “morally wrong,” though Musk has offered no factual evidence to support that assertion.
More than half (58%) of Americans work from home at least once a week, according to research by McKinsey. By 2025, 36.2 million Americans may be checking in from the comfort of their own home, Upwork says.
Workers feel happy, satisfied and productive while working from home. However, one study found that remote employees may have slower career progression because they were less likely to receive feedback. the paper It was compiled by economists from Harvard University, the Federal Reserve Bank of New York and the University of Iowa last month.
To balance the results, research from Stanford University suggests a hybrid work environment. Coming to the office a few days a week while working from home the rest of the time can help employees forge relationships and advance their careers without having to give up the flexibility of remote work.
remote logic
Galloway, despite his fame, sticks to a definition of financial success that seems to embrace the principle of “win the world, lose your soul.” Here’s another quote from his speech: “If you expect to be in the top 10% economically, let alone the top 1%, invest. Two decades plus nothing but work. That’s my experience.”
This assumes that workaholism and related mental health issues are not rampant in Western society, or that close relationships should play a second or third role in building wealth.
But for many workers these days, there are other ways to determine what is most valuable.
What do you read next
This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
“Infuriatingly humble analyst. Bacon maven. Proud food specialist. Certified reader. Avid writer. Zombie advocate. Incurable problem solver.”
