Coinbase Announces Plans For 'Remote-First' Work Policy In Light of COVID-19 (yahoo.com) 4
In a blog post today, Coinbase CEO Brian Armstrong announced that the exchange company is moving to a remote-first policy in light of COVID-19, meaning most employees will have the option to work from home. Yahoo Finance reports: "Over the last two months, I have come to believe that not only is remote work here to stay, but that it represents a huge opportunity and strategic advantage for us," he wrote in the announcement. Employees will still be able to work in an office, but they will now have the option to work remotely, or split their time between time working in and out of the office. Armstrong said the transition thus far has been less complicated than expected. Coinbase has been toying with the idea of remote-first work prior to the pandemic, according to the announcement.
In February, Coinbase shared a four-tiered plan to stem the spread of coronavirus among employees. Phase three instituted a required work from home policy. Now, with six-foot distancing measures, Armstrong said Coinbase wouldn't have the space to observe the protocol in its current space if every employee were in office. With the new policy, Armstrong said the plan is to have physical offices in major cities, but spread locations. Once distancing restrictions are lifted, Armstrong estimates anywhere from 20-60% of Coinbase current workforce will work remotely, and the firm is forming a team to oversee the transition.
In February, Coinbase shared a four-tiered plan to stem the spread of coronavirus among employees. Phase three instituted a required work from home policy. Now, with six-foot distancing measures, Armstrong said Coinbase wouldn't have the space to observe the protocol in its current space if every employee were in office. With the new policy, Armstrong said the plan is to have physical offices in major cities, but spread locations. Once distancing restrictions are lifted, Armstrong estimates anywhere from 20-60% of Coinbase current workforce will work remotely, and the firm is forming a team to oversee the transition.
One of 2 lasting trends from Covid-19 (Score:2)
The takeaway from this period of social isolation will be that reasonable productivity can be maintained from stay-at-home workers, and, the sooner our corporate overlords can replace all the disease-susceptible mammals with robots, the better bottom lines will be.
Re: (Score:2)
...reasonable productivity can be maintained from stay-at-home workers....
Even before the work from home orders, research was showing significant increases in productivity from workers at home versus those same workers in the office (40% was the typical increase). To me, this was just stating the blatantly obvious.
Then my workplace got the work from home order, and my own productively increased by at LEAST 40%. I saw some days where I had a greater than 65% increase in productivity over my best day in the office in the last six months. While I was surprised it had gotten that hi
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Our eating (and to a lesser degree exercise) habits changed for the better entering the 2019-20 SARS-CoV-2 quarantine habit. Though not forced to quarantine or work from home due to our great good fortune at being labeled essential, we cook at home more now than at any time since the kids were little.
Cooking at home vs. eating on the run is a net win, since breakfast/lunch on the run is generally high fat, low vegetable... does the lettuce & tomato on the burger help at all?
I'm not losing weight, but I
Watch what else happens (Score:1)