News from notable companies who are joining the remote work revolution
Financial advisors call it “free money.” I’m not sure I’d go quite that far, but it’s a helpful way to think about the amount your employer will contribute to your 401K plan. Here’s an example. If you make $100,000 and choose to contribute 3% of your salary to your company-sponsored 401K plan, you’ll personally put in $3,000. If your employer matches...
In early 2020, the office was turned off like a light switch. Anyone who could work from home was instructed or recommended to do just that. This was a temporary measure to fight a pandemic. But the temporary shift from in-office work to remote work turned into a massive, unintentional experiment to test where and how work could be done. Like in any experiment, the experimental group...
CEOs are stepping down at record-high rates. When you think about the macro factors applying pressure to companies these days, it makes sense why: As a result of lockdowns, some companies lost all of their revenue while others benefited Employees, en-masse, decided they liked remote work better, forcing companies to go remote or hybrid People then started to rethink what they want out of work...
Arguably since the first agricultural revolution 10,000+ years ago, work has been tied a fixed location. That location-based work – first a farm, then a manufacturing plant, then an office – created opportunity. Opportunity attracted workers (or new citizens). Therefore, we always formed cities, countries, and societies primarily through location-based opportunity. Go where the work...
As COVID-19 spread around the world in early 2020, offices were forced to close. Anyone who could work from home started to right away. Companies were forced to quickly figure out how to communicate, collaborate, share documents, and manage teams virtually. After just a few months, though, a number of business leaders started to figure out the whole work-from-home thing has benefits. That’s...
I’m fascinated by the trend toward niche job boards. To me, it mimics the trend toward remote work. We used to work where the work was (near farms, near factories, near cities) With remote work, we can work wherever is best for us personally This is a similar path the job market (or talent acquisition market) is heading down. We used to have to go to newspapers, career centers, and big job...
There are many compelling reasons for companies to donate to nonprofits and charities. Let’s start with the genuine benefits: Companies can turn excess profit into good by donating to charities Companies can support their employees’ volunteer work and charitable contributions through matching It gives employees a sense of purpose in addition to their work There are also positive...
The spread of COVID-19 forced anyone who could work from home to do just that. Where and how work should be done was questioned in a massive, global experiment. As a result, many companies announced permanent policies for remote work. As some offices started to open again in 2021, other companies announced hybrid work plans. This is a list of all of those hybrid announcements. But first, here is...
According to one study by the World Health Organization (and shared in Forbes), taking time off from work could literally save your life. The study found that working longer hours (55+ per week) without extended breaks is tied to an increased risk in heart disease or stroke. So, you should probably take more time off. And companies have started to figure out the benefits of a healthy work...
Why did we build offices in the first place? We needed… A place to collaborate A place to get work done with the proper equipment Well, the internet knocked out #1 as many major companies have gone fully remote. We can work together on Zoom, Slack, email, and remote collaboration tools just fine. But #2 hasn’t quite been solved yet. If you had a nice desk, good lighting, and great...
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