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What if a 20% pay-cut for all-remote is a very smart strategy?
🤯 This week, British law firm Stephenson Harwood announced a 20% pay-cut for those who wanted to work all-remote. The backlash was palpable.
But is it really just a cost-cutting instrument which devalues home-based working?
Why is pay spiralling?
Last week, accounting network @MGI Worldwide invited me to speak and host panels in Asia, Europe & the Americas… in one day. Interestingly, almost every market reported challenges with keeping talent and escalating pay rises. In interviews I’ve heard of people being offered pay rises 50% or more for senior jobs.
When you SHOULD work for free
I’m often confronted with the question: when is it a good idea to work for free?
There’s a LOT of heat online about why you should not work unpaid. Especially women. Especially if offered ‘exposure’ in return. (Scroll through ForExposure’s feed on Twitter for shocking stories of why people should invest their skills in projects with zero budgets.) Makes total sense, right?