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Working from home was intended to be a temporary measure in the early days of COVID-19.
Now, with no clear end in sight, many employers are offering a perk that was once unthinkable: work from wherever you want — permanently.
@byandreachang reports: https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
Now, with no clear end in sight, many employers are offering a perk that was once unthinkable: work from wherever you want — permanently.
@byandreachang reports: https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
For employers, “work from anywhere” can mean happier workforces and reduced real estate and office expenses.
But they say the greatest upside is the ability to attract new employees who live in places they would not have hired from in the past. https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
But they say the greatest upside is the ability to attract new employees who live in places they would not have hired from in the past. https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
The benefits for workers are clear: less time stuck in traffic, more time at home, greater freedom to set one’s own schedule, and the possibility of relocating to a more affordable city or to be closer to extended family. https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
Here's the catch: many employers are reducing pay when workers decide to move to less-expensive cities.
In some cases, employees have seen their salaries cut by more than 10%. https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
In some cases, employees have seen their salaries cut by more than 10%. https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
Adam Singer, chief marketing officer at an enterprise tech firm, relocated to Austin from the Bay Area.
His advice for workers who fear their salaries will be cut due to relocation: “Negotiate the delta in bonus or stock...Your manager has levers.” https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
His advice for workers who fear their salaries will be cut due to relocation: “Negotiate the delta in bonus or stock...Your manager has levers.” https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
Those who choose to relocate away from their employers may find themselves at another disadvantage relative to their office-bound colleagues.
“If you’re working remotely, career prospects are going to be fewer,” said career coach Teresa Lee. https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
“If you’re working remotely, career prospects are going to be fewer,” said career coach Teresa Lee. https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
To counterbalance the risk of career stagnation, Lee suggests flying to headquarters when possible and scheduling a weekly manager one-on-one.
Another tip: pitching projects that involve collaborating with teams of employees. https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
Another tip: pitching projects that involve collaborating with teams of employees. https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
How do you feel about permanent "work from anywhere" policies? Let us know in the story's comment section: https://www.latimes.com/business/technology/story/2020-11-12/companies-will-allow-employees-to-work-wherever-they-want
