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IBM: Remote Working Is Great! (For Everyone Except Us) (theregister.co.uk)
An anonymous reader writes: IBM, the company that just weeks ago said it was doing away with its work-from-home policy, is now preaching the benefits of telecommuting to customers. Big Blue's Smarter Workforce Group says a recent panel it hosted at the Society for Industrial and Organizational Psychology (SIOP) conference concluded that customers who work remotely are "more engaged, have stronger trust in leadership and much stronger intention to stay. These findings mirror what an IBM Smarter Workforce Institute study found," the group wrote. "Challenging the modern myths of remote working shares employee research revealing that remote workers are highly engaged, more likely to consider their workplaces as innovative, happier about their job prospects and less stressed than their more traditional, office-bound colleagues." This is posted without any apparent sense of irony, as IBM said just weeks ago that remote workers were not part of its "recipe for success" and could no longer be permitted to work anywhere other than its six regional offices in various techie hubs around the US.
By requiring that workers move to hub cities such as San Francisco, Austin, or New York, IBM could both rid itself of older workers and make the jobs more appealing to younger, lower-salaried professionals...
Coincidentally, an internal IBM video distributed to staff, and seen by The Register, advocates working in an office. Funnily enough, it features a lot of young folks...
Story about IBM Chairman, President and CEO Ginni Rometty: At IBM's annual meeting last week, shareholders agreed with a proposal to increase her salary more than 60 percent to $33 million. (May 5, 2017)
From the story:
Her $33 million paycheck this year puts her ahead of tech CEOs like Microsoft's Satya Nadella ($18 million), who is successfully steering the company back towards growth, as well as leaders at fast-growing tech giants like Alphabet's Larry Page ($1), Apple's Tim Cook ($9 million) and Amazon's Jeff Bezos ($2 million).
Rometty has presided over 20 straight quarters of declining revenue growth.
Since she became CEO in January 2012, revenue has declined more than 26 percent on a trailing 12-month basis compared to the year before she took over, and net income has fallen nearly 27 percent.