Nomad

Airbnb lets employees work from anywhere with no pay cut, as the tussle for talent escalates

Tuesday, May 3, 2022 by Robinhood Snacks |

Hold on to your sweatpants… Offices are becoming optional. Airbnb has reversed its plans to return to offices in September, telling workers they can WFH forever — without pay cuts. It’s a sharp reversal: Airbnb laid off a quarter of its workers during lockdowns as travel collapsed. But bleisure (long trips that blend business and leisure) helped business rebound, and now Airbnb wants its 6K+ workers to join in:

  • Bay Area salary… but in Belize. Airbnb’s new policy lets workers live and work in 170+ countries for up to 90 days (after that, visas get complicated). The company plans to host quarterly in-person events for workers.

Return-to-office roulette… Pajama-wearing workers have gotten so comfortable WFH that their employers are struggling to get them to return: half of companies expect workers back in the office five days a week, but 90%+ of WFH warriors want to stay remote. To keep them happy, companies have adopted several return-to-office strategies.

THE TAKEAWAY

Work-from-anywhere is the new kombucha on tap… a popular perk among workers and an important hiring strategy for flexible employers. The option to work from St. Barts for full pay could inspire an applicant to work for Airbnb instead of Apple — a big deal in today’s tight labor market. Airbnb’s CEO, Brian Chesky, said he expects other companies to go remote so that they don’t “limit their talent pool.”