What was The Buzz in April?The Buzz
Working policies continued to be announced, sparking many debates. Companies are adapting (and many creating) their flexible working policies; some have been received with open arms, others with resignations. The most talked about in April…
Last week, large London law firm Stephenson Harwood LLP communicated a new policy where staff can work from home full-time but must take a 20% pay cut. To give context to this, for an entry level lawyer this would be c.£18,000 per annum. It’s expected however the majority will continue to choose to work remotely for two days a week as part of their hybrid working policy (and employees salaries stay in tact). A spokesperson noted, “Like so many firms, we see value in being in the office together regularly, while also being able to offer our people flexibility,”
In contrast, frustrated Apple employees reject CEO Tim Cook’s hybrid plan by threatening to quit. In comparison to other tech firms, Apple is approaching their strategy in a slightly stricter manner. The policy is that eventually all employees will need to come into the office on Mondays, Tuesday and Thursdays. Apple believe that in-person collaboration is key to its success.
Whilst collaboration has been proven to drive productivity and employee happiness, the strict nature of this policy appears to lack the provision of employee choice.
So should people get paid for what they do and not where they work? And should they be able to pick and choose? Who’s getting it right? Who’s getting it wrong?