The new model will apply to staff in the US, but also in the UK and other countries. To operate, the company said it would focus on personal collaboration in about quarterly meetings and aim to combine collaboration into two product releases a year, said CEO and co-founder Brian Chesky. “We want to hire and retain the best people in the world (like you),” Cesky wrote in an email to staff. “If we limited our talent pool to a moving radius around our offices, we would be at a significant disadvantage. The best people live everywhere, not concentrated in one area. And by recruiting from a different set of communities, we will become a more diverse company. “Now, I understand the stress of not seeing people in an office – how do you know if your employees are doing their job when you can not see them? For me, it’s simple: I trust you and flexibility only works when you trust the people on your team. “ Employees will not be completely free to move around as they see fit. For tax purposes, they must have a permanent residence in the country in which they are employed. If they work abroad, they can spend no more than 90 days a year in any country and are responsible for managing their work permit. And they still have to take into account the time zones and think about how they will actually reach the concentrations. The crucial thing, however, is that the company will no longer pay people based on regional differences. “From June, we will have uniform pay levels per country for both salary and justice,” Ceski said. “If your payment was set using a lower level payment based on location, you will receive a raise in June.” Subscribe to the First Edition, our free daily newsletter – every morning at 7am Airbnb is recovering from a difficult pandemic. The company, whose bookings fell sharply as international travel plummeted, laid off a quarter of its staff in May 2020, limiting its investment in hotels and luxury apartments and halting plans to move forward with content and content creation. It went public in December 2020, an awkward period for a travel-focused company but has maintained a market capitalization of about $ 100 billion in the 18 months since.
