The Ledger
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Farquhar: Daily office attendance does not correlate with employee connection
“And what we did is we correlated those answers with how frequently people come to an office and how frequently they do what we call intentional togetherness gathering. And we found that people just turning up to the office every day was not correlated.”
Farquhar: Deliberate team gatherings boost employee connection for 3 to 5 months
“However, when people did get together deliberately, we saw a huge spike of connectedness to each other and to the company. The surprising part was the decay function. I thought a week or two later we'd be back to baseline, but it turned out that the data showe…”
Farquhar: Office attendance should not be about justifying commercial real estate rent
“We don't need to turn up to offices to make people feel good about paying rent.”
Farquhar: 40% of Atlassian staff live over two hours from an office
“About 40% of our Atlassian employees live more than two hours from an office”
Farquhar: Atlassian candidate offer acceptance rate rose 20% under distributed work
“Our candidate offer acceptance rate's gone up 20%.”
Farquhar: Teams need intentional togetherness, not daily commutes
“We believe that you do need to get together to build social bonds. Our belief though, is that you don't need to get together every single day to sit next to each other on a zoom call in an office and commute back and forth to get that benefit. We believe that …”
Farquhar: Top talent does not live within 90 minutes of an office
“We also believe that the best talent around the world doesn't all exist within a 90 minute commute of an office, and we have people all over the world working for us, so we got a talent advantage there.”
Farquhar: Return-to-office mandates are as arbitrary as dictating pen color
“Some people who are forcing a back to office mandate, in many cases that's like telling people they need to use a blue pen instead of a black pen. Does it matter which pen you use if the output's the same? Does it matter where you are doing the work if the out…”
Farquhar: Co-CEO visits the office only once a quarter
“Since we've chosen to do what we call Team Anywhere, which is to work from anywhere, I've probably been in the office about once a quarter.”
Farquhar: Employees save 10 to 32 days a year avoiding daily commutes
“The average Atlassian has saved about 10 days a year In commuting, and that's about two and a half million hours, or a 100,000 days, and in places like India, where there's a particularly longer commute time, we save some Alassians 32 days a year.”
Farquhar: Atlassian is largest company operating distributed model with dedicated research team
“We really are the largest company in the world that is doing this, and as far as I know, the only company that has a dedicated research team who are analyzing this and publishing research for others”
Farquhar: Early-career employees visit the office more often than senior staff
“Early career people, they actually come into the office more frequently than later in career people”
Deeter reveals Bessemer passed on early investments in Tesla and Atlassian
“And so, you know, for me, it, it's companies like Tesla early on and Atlassian on the software side and, you know, on and on like this, where massive respect for the entrepreneur belief in the vision and just couldn't quite get there.”