San Francisco, Austrailia, United States discussed on The Economist: The World Ahead


A particular kind of work. No matter where they live the way that we have run and I suspect will continue to around his through standardisation, which means for each role and each level of experience within it. We have pay rate. So our hosts, for example. An hourly rate for their time, and they earn that rate weather based in a New York or San Francisco, or even some number based in smaller cities around the US some of them are based in Australia and they all earn the same rate and the same rate in US dollars. So we don't localize it for canned Austrailia, Europe etc. get how fast like many employers takes into account where it's workers live and adjusted accordingly I do think it's important have. Equity in pay and so if somebody starts out in an expensive area, then moves to a less expensive area. Then like many companies would do a a market adjustment for that to keep it fair for whatever market the people are moving into right you don't WanNa have this situation where perhaps somebody is in a lower cost area and then a quote unquote more expensive employees from San Francisco moves in and then all of a sudden you have this disparity in pay. Big thing which is a conversation hasn't started yet is around employment. kind of Williams again, with the benefit of hindsight, it seems to be obvious that the vice gig economy would lead to lots of debates around the correct classification of workers is an uber driver and employee of Uber is he or she self employed or? Is he or she somewhere in the middle? Similar sorts of conversations will star when working from home the comes the norm. So for instance, in many EU countries, it is the case that there are limits on working time. There's a question about how. Will working type of weapons. If hiring is always the case in many countries, employers have to make reasonable adjustments for people in order to perform that job in an office or decent standard. Say for instance, having lifts, Othman Justin, and all that sort of stuff. So you can imagine situations where someone says item have very much money I live in a in an old building it's the middle of wins and I live in. My company needs to pay for some of my heated or needs to pay my Internet connection all that stuff. So I think that something. Needs Sauce in Hebrew now, it certainly something that companies are thinking about his Erica. Prussia again, companies are still really understanding what our responsibilities to. I think we're all seeing the evolution of Gig working to which I think is another really important trend that's here to stay people are going to be working in more flexible ways I think they're going to have more control over their jobs I think over time, we'll see more job sharing more. You know eighty percent time for eighty percent pay kind of work. I think folks really are going to be experimenting quite a bit moving forward to figure out what makes the most sense for their business and also their employees. There's no doubt that when we emerge from the crisis of the pandemic, the world of work will look very different but one silver lining seems likely to be the widespread adoption of new and more flexible. Working Practices, we asked each of our guests to give us their predictions of how things might and Don I think with most companies what will actually see is that folks will come into the office some of the time like when we've surveyed our employees who used to be office space, they appreciate being able to work from home some of the time but they. Still want to come in two days a week and I just think we'll see a lot more flexibility around the expectations for people to be in the office and instead of being in an office because they're told, they have to be there people will come in when they're work demands right when it's worth that needs to be done with other people Michael Alexis again. There's a lot of exciting opportunities to increase some promote diversity with. A lot of companies and organizations may have limitations based on their location right if you are based fin if we said. You're London while you have the local market to hire from, and how you hire will depend on Sundays in the makeup of that city remote worked removes those barriers. So you can take their intentions you can take the best practices and you can find people anywhere in the world to build a more diverse team and finally Mark Dickson. Environmental question is massive so Basically,.

Coming up next