Airbnb CEO and co-founder Brian Chesky on Thursday introduced the corporate’s 5-point plan to allow workers to reside and work anyplace, on a regular basis.
Ostensibly as a result of “The world has become more flexible”, and “We also had the most productive two-year period in our company’s history — all while working remotely” (presumably, additionally: huge lower in working prices; consequent enhance in revenue margins).
Extra highlights from Chesky’s thread embrace the power to maneuver anyplace within the US with none change in compensation; in-person crew gatherings facilitated quarterly; and the implementation of a multi-year roadmap with two product releases per yr, to “hold us working in a extremely coordinated approach”.
This remote-led coverage will affect the lives of Airbnb’s 15,000-ish employees — round 6,000 of whom are US-based — and comes greater than two years following the preliminary wave of pandemic-induced distant work insurance policies being applied by many different tech multinationals, together with Reddit, Twitter, and Dropbox.
What units Airbnb’s announcement aside considerably is its determination to standardize pay no matter location. As famous by Mitchell Clark for The Verge, “workers at Alphabet, Amazon, Apple, Meta, and Microsoft must take a pay reduce in the event that they need to transfer to an space with a decrease price of dwelling, in line with reports like this one by the BBC.”
Some on-line boards predict a mass exodus of workers from costlier cities to Nashville, for instance — the place Airbnb’s San Francisco-level salaries can be “recreation altering” [sic] — signaling, as soon as once more, this now mighty scaleup’s sustained affect over world housing and migration traits.
If there are any classes on this story for startups, it’s in all probability in how a lot optimistic press you’ll be able to generate if you give laptop-bound adults the liberty to decide on the place they need to reside and work. Plus, with extra international locations catching on to the concept of “Digital Nomad” visas, it’s simpler and less expensive than ever earlier than to construct your dream crew, solely remotely.
