Smart working yes, but with a salary that can be lower (much lower) depending on your area of residence. It is the new, revolutionary, wage policy pursued by Google. As Il Sole 24 Ore tells us, the Mountain View giant has developed a platform to calculate the remuneration for remote work: the tool is called the “Work location tool” and bases the remuneration of its more than 135,000 employees on the cost of life in places and at the local labor market.
Google, salaries cut by up to 25% with smart working
As Il Sole 24 Ore explains, “wage cuts affect commuters who live far from major centers. An example: an employee living in Stamford (Connecticut), about an hour by train from New York, would be paid on the 15th. % less if he decided to work from home, while a colleague of his residing in the Big Apple would not suffer pay cuts. But in other cases the paycheck could still be reduced by a quarter (-25%) if you leave a city like san Francisco to move to another almost as expensive area of the same state “. Although the company stresses that a principle of location and cost of living has always been used on its salaries.
Google, you save over a billion dollars with smart working
Google, explains Il Sole 24 Ore, “predicts that in the post-pandemic work model, 60% of its employees will meet in offices only a few days a week, 20% will be in new spaces and the remaining 20% should work from home. During the first quarter of 2021, using remote work saved Google $ 268 million with a projection of more than $ 1 billion year-on-year thanks to fewer travel, employee commuting, and trade show activities. demonstrations “.