WFH policies trigger a drop in rent in the Bay Area
With companies making their WFH policies permanent, workers in Silicon Valley, a once-coveted zip code, are moving to the less crowded suburbs with cleaner air and lower rent. This has created a ripple effect in the housing rates in the Bay Area, in San Franciso alone, the rent has dipped 9.2 per cent. Techies who lost their jobs have also abandoned the valley as they turn to greener pastures outside the Bay Area.
Category
Firing
Business Continuity
Policies & Practices
Downsizing
People Management
Employment Offers
Sexual Orientation
Opening & Closing
Ethnicity
Raise
Age
Job Descriptions
Networking
Communication
Investigations
Employee Relations
Organizational &
Labor Relations
Benefits
Workplace Wellness
Relationship Management
Employment Law & Compliance
Employee Resource Groups
Retention
Contracts & RFPs
Emergency Response
Salary Surveys
Mental Wellness
Data Security
Pay Equity
Executive Compensation
Leadership &
Technology
Inclusion, Equity &
Intellectual Property
Workplace Culture
Risk Management
Parental Leave
Cybersecurity
Global Mindset
Unemployment Benefits
Learning & Development
Artificial Intelligence
Wellness Benefits
Disaster Preparation & Response
Overtime Eligibility &
Remote & Hybrid Work
Employee Data Privacy
Payroll
Hiring & Firing
Tags
Article
How Startups Can Ensure Success While Working With Freelancers
However, the scenario has changed drastically in the last ten years. According to a report by Forbe ...
Top 5 Challenges of HR Professionals During COVID-19 Pandemic
When it comes to the talks of the unemployment rate due to COVID-19, experts compare it to the Grea ...
I-9 Compliance for Remote Employees - A Guide for Companies
More than 50% of the US workforce is working remotely as of now. According to experts, about 25-30% ...
This Thanksgiving - Give Thanks To All These People
This Thanksgiving is going to be different, no doubt! But it need not be different in a negative se ...
Comments