Cities and towns attract remote workers with incentives

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The remote work trend that was turbocharged by the pandemic is now getting a boost from programs offering incentives to remote workers to move into less expensive cities and towns. A recent article in the Wall Street Journal explains that 71 cities and towns are offering incentives for workers to move there. These incentives often involve cash payments to the workers. Indianapolis-based MakeMyMove is contracted by cities and towns to set up these programs.

These programs make a lot of sense. Remote workers no longer have to locate in areas with a high cost of living. They can move anywhere. Meanwhile, these workers are very attractive to smaller cities and towns, adding to the tax base and purchasing power of the population, without adding congestion to local traffic. Paying incentives is a great way to make a particular city or town more attractive to a worker considering a move.

Expect this trend to continue barring a significant economic downturn.

  

Google will try “hybrid” workplace models

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Google is finding that many employees want to return to the office, but not necessarily on a full-time basis. Many would prefer the option to work from home and then come into the office when needed and for meetings and events.

This hybrid model may become more common, and certainly provides flexibility that will be sought by many employees.

It also raises challenges of course. Companies like Google need to consider of some employees can be mostly virtual so that they don’t have to live in hyper-expensive cities like San Francisco.

But flexibility is a good thing if managed correctly. So get ready to hear of more “hybrid” workplace solutions.

  

App for workers to access wages before payday

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So many workers live paycheck to paycheck, and this has led to the proliferation of payday loans. Unfortunately, these high-interest loans are a terrible burden on workers.

A new startup called Immediate wants workers to be able to get access to their wages before payday if they have an immediate need such as an emergency bill. The difference is that Immediate will charge a small flat fee instead of a high-interest loan, providing an important service to workers.

  

Some post-pandemic workplaces will be a “hybrid model”

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How soon will workplaces return to normal? In many cases, will there be a new normal?

Not surprisingly, the answers will vary sector-to-sector and business-to-business.

Cisco Systems CEO Chuck Robbins said the following: “I think you’ll see many employees that will continue to work from home, you’ll have many that will get back to the office and then you’ll have some that’ll do a little bit of both.”

Companies that navigate this successfully will have a huge advantage over companies who don’t adapt, and this can lead to greater productivity and also reduce overhead costs such as expensive office space in the future.

  

Twitter will allow employees to work for home permenantly

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Many have been predicting that we will see changes in work from home policies across many industries as a result of the Coronavirus. But this is still a surprise. By announcing that all employees will have the option of working from home, Twitter is setting the bar for other companies thinking about how to handle this issue.

Of course this raises a host of issues as well. Is it an either/or choice for employees? Or can they select a hybrid approach? Can they primarily work from home but then come in from time to time? Also, how will this affect the future of Twitter’s San Francisco HQ and other offices? Can this be a critical first step in easing the crowding in some of our largest cities?

It will be fascinating to see how this plays out.

  

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