San Francisco-based Airbnb fully embraces remote workforce
SAN FRANCISCO (CBS SF/AP) — San Francisco-based Airbnb will allow its employees to live and work almost anywhere in the world, fully embracing a remote work policy to attract staff and ensure flexibility.
The San Francisco short-stay company said late Thursday that under the new policy, employees can work from the office, from home or while traveling to 170 countries.
Staff will still need to meet in person for regular team meetings and events, CEO Brian Chesky said in a message to employees. Salaries will not change if employees decide to move.
Employees can spend up to three months working in each country they visit each year, but they’ll still need a permanent address for tax and salary reasons, which involves a “mountain of complexity,” but Chesky said the company was working on open source. Solution.
The new policy will put the company in a better position to hire and retain the best by not “limiting the talent pool to a commuting radius around our offices,” Chesky said. Remote work and flexibility “will become the predominant way of working in 10 years,” he said.
Millions of people have switched to remote work during the pandemic to limit potential exposure to COVID-19. Companies are starting to ask those workers back into the office, at least on a hybrid basis, including other tech companies like Facebook parent Meta and Microsoft.
Joint Venture Silicon Valley think tank says workplace flexibility will become the new norm.
“The interesting change is that it’s come to be classified as a workers’ right – not a privilege but a right. In other words, it’s an expected benefit and I think the world is just going be organized that way,” said President and CEO Russell Hancock.
“There will be ripple effects in the economy. We will see that in corporate kitchens, we will see that in other corporate services that were provided full time, now they are only provided on a occasional,” Hancock said.
Small businesses can struggle to get foot traffic.
This week, the San Francisco Comptroller’s Office released a report that found more than 20% of office space is empty in the city, up from 7% in January 2020.
Jonathan Perez of Emeryville is currently working from home for a for-profit educational institution.
“If I get paid like the San Francisco lifestyle – which is a high lifestyle – and I could move to the Midwest and get paid a really good job, a salary, and then buy a house in the Midwest,” did he declare. “So that might tempt me not to live here because it’s very expensive here.”
Rita Gilliland is visiting San Francisco from Houston where she has already spotted many California license plates in the city.
“If you’re the California person moving — yes, it’s absolutely good for you. The cost of living is very different in Houston,” she said. “So anyone who comes from California to Houston, if they’re on the same salary, will do pretty well. So that’s probably a good advantage for him.”