It just feels like a huge gamble. I went the tracker route between 2012 and 2018 only because I didn’t want the overpayment restrictions imposed by fixed deals.
Luckily it worked out, had I gone for a fixed rate I’d still be slowly paying it off, at a higher rate.
For every person who did well, there’s someone else who didn’t, mostly through unlucky timing.
Employers will quickly learn that leashing a person to their laptop will not prevent wasted time, it’ll cause them to waste time in other ways, and will drive away talent. The only harm is when it impacts outcomes, which is easier and more beneficial to track.
It’s pretty obvious when someone is underperforming, you don’t need to know whether they’ve been doing the laundry between meetings.