The Airbnb app icon is seen on an iPad screen, Saturday, May 8, 2021, in Washington. Airbnb will allow its employees to live and work almost anywhere around the world, fully embracing a remote work policy to attract staff and ensure flexibility. The San Francisco short-term-stay company said late Thursday, April 28, 2022, that under the new policy, employees can work from the office, home or during their travels to 170 countries. (AP Photo/Patrick Semansky, File)
Airbnb will allow its employees to live and work almost anywhere around the world, fully embracing a remote work policy to attract staff and ensure flexibility.
The San Francisco short-term-stay company said late Thursday that under the new policy, employees can work from the office, home or during their travels to 170 countries.
Staff will still have to meet in person for regular team meetings and events, CEO Brian Chesky said in a message to employees. Salaries won't change if employees decide to move.
Employees can spend up to three months working in each country they visit every year but they will still need a permanent address for tax and payroll reasons, which involves a "mountain of complexities," but Chesky said the company is working on an open-source solution.
The new policy will put the company in a better position to hire and retain the best people by not “limiting the talent pool to a commuting radius around our offices," Chesky said. Remote work and flexibility “will become the predominant way that we all work 10 years from now," he said.
Millions of people switched to working remotely during the pandemic to limit potential exposure to COVID-19. Companies are beginning to ask those workers to come back to the office, at least on a hybrid basis, including other tech companies such as Facebook parent Meta and Microsoft.
If you wince at the grocery store checkout, you’re not alone. Wall Street Journal reporter Jesse Newman breaks down why prices are so high – and not going down anytime soon.
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. (Getty Images)
Glen Smith, CIO at GDS Wealth Management, shares how investors can allocate their assets as the market broadens and why he’s eyeing June for the first potential rate cut.
After years of price increases for cars and trucks in the United States, costs are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an affordable vehicle.
Missed out on the Nvidia wave? Oh course you did — you’re reading this article aren’t you, instead of luxuriating on a white-sand beaches of Bali. But here are at least four other promising semiconductor stocks to add to your portfolio.
Fresh off a successful funding round, co-founder of Lapse Dan Silvertown shares thoughts on regulation, privacy, and why the money for great startups is still out there.
