Business

Airbnb announces all employees can ‘live and work anywhere’

Starting in June, the company will offer single pay tiers by the country for both salary and equity

April 29, 2022

Airbnb bucks hybrid work trend

Online vacation rental company Airbnb has announced to let its employees to ‘live and work anywhere‘, giving employees the flexibility to make the right choice based on where they are most productive. Starting in September, Airbnb employees can live and work in over 170 countries for up to 90 days a year in each location.

Instead of spending a set number of days in the office together, the company is prioritizing meaningful in-person gatherings that will happen throughout the year.

Airbnb co-founder and CEO Brian Chesky said in a statement, “The vast majority of you will have this flexibility. A small number of roles will be required to be in the office or a specific location to perform their core job responsibilities, and those of you who have these roles have already been informed.”

Amid the COVID-19 pandemic, Airbnb offices were closed and people worked from bedrooms, basements, and home offices, Chesky said that work-from-anywhere did not affect the company’s performance.

If employees move, their compensation won’t change, and starting in June, the company will offer single pay tiers by the country for both salary and equity. Currently, more than 20 countries offer remote work visas, and more are in the works.

“Everyone will still need a permanent address for tax and payroll purposes, but we’re excited to give you this level of flexibility, said the CEO. “If your pay was set using a lower location-based pay tier, you’ll receive an increase in June. Before you move, make sure to talk to your manager about performance and time zone expectations, as well as your availability for team gatherings,” the CEO informed.

Airbnb now has 4 million hosts who have welcomed more than 1 billion guest arrivals across over 220 countries and regions to date.

[With Inputs from IANS]

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