Airbnb won't require most staffers to return to the office — ever.
The company told employees Thursday that they can permanently work remotely and can relocate anywhere within the country they currently work. Doing so won't negatively impact compensation, the company said, meaning it will not adjust salaries downward if an employee opts to move to a city where the cost of living is lower.
In a lengthy email to staffers Thursday, CEO and cofounder Brian Chesky outlined its new policies and expectations. He noted that permanent flexibility will allow the company to "hire and retain the best people in the world," rather than simply those who are within "commuting radius around our offices." Airbnb said it has 6,000 employees globally, with more than 3,000 in the United States.
Chesky told staffers to consult with managers ahead of relocating about expectations, and added that given the complexities of international moves, "we won't be able to support those this year." He also noted "a small number of roles will be required to be in the office or a specific location to perform their core job responsibilities."
The update is perhaps a no-brainer for Airbnb as Chesky has become a living and breathing marketing campaign for remote work in recent months — a trend his company, of course, stands to benefit from following the initial, on its business in the earliest months of the pandemic. By December 2020, Airbnb went public. And a year later, the company said its revenue grew 25% in 2021 compared to 2019, or the year before the pandemic hit its business. Airbnb posts its first-quarter earnings on Tuesday.
In January, Chesky that he'd live in Airbnbs, staying in other people's homes listed on its platform so he could hop from city to city every few weeks. Chesky that he thought the biggest travel trend in 2022 will be "people spreading out to thousands of towns and cities, staying for weeks, months, or even entire seasons at a time."
"More people will start living abroad, others will travel the entire summer, and some will even give up their leases and become digital nomads," he said, calling it a "decentralization of living."
Now, Chesky is officially freeing up staffers to do just that. He encouraged those who want to take advantage of long stays in other countries to do so.
"Starting in September, you can live and work in over 170 countries for up to 90 days a year in each location," he wrote. "Everyone will still need a permanent address for tax and payroll purposes, but we're excited to give you this level of flexibility. Most companies don't do this because of the mountain of complexities with taxes, payroll, and time zone availability, but I hope we can open-source a solution so other companies can offer this flexibility as well."
Chesky added that staffers are responsible for sorting work visas. They should also expect more in-person gatherings next year at a cadence of about "every quarter for about a week at at time." In the United States, the company will largely operate on Pacific Standard Time.
"Flexibility only works when you trust the people on your team," said Chesky. "You've shown how much you can accomplish remotely. In the last two years, we navigated the pandemic, rebuilt the company from the ground up, went public, upgraded our entire service, and reported record earnings, all while working remotely."
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Mexican President Andres Manuel Lopez Obrador blamed the United States in part on Thursday for the surge in cartel violence terrorizing the northern state of Sinaloa which has left at least 30 people dead in the past week.
In a closely watched First Amendment rights case, a former University of Wisconsin campus chancellor who was fired after making pornographic films with his wife prepared to argue Friday for keeping his tenured teaching position even as he faces removal for unethical behavior.
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Prime Minister Justin Trudeau tapped Treasury Board President Anita Anand to take on additional duties as Canada's minister of transport on Thursday.
Conservative Leader Pierre Poilievre and NDP Leader Jagmeet Singh got into a heated exchange in the House of Commons on Thursday, just minutes after Singh announced his party would not be supporting the Conservatives' first non-confidence motion against Prime Minister Justin Trudeau's government.
The head of Via Rail repeatedly told MPs a train delay over the Labour Day long weekend was an isolated incident, despite a similar event two years ago.
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Ontario’s Minister of Sport, Neil Lumsden, will donate his brain to research.
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Jim Lester’s farm hopped on the cow-cuddling trend in early August, and his time slots have been pretty well sold out ever since.
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