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Remote Is Costing Manhattan $12.4 Billion A Year

www.dailymail.co.uk

In New York City, work from home has led to workers spending $4,661 less per-year on average on food, shopping, and entertainment in their offices' neighborhoods.

Those numbers are far higher per employee at major cities across the country, including Chicago, where workers are spending $2,387 less per-year, and $3,040 in San Francisco.

While general spending has gone up across the country from 2019, on Mondays and Fridays in Manhattan remain paltry compared to the rest of the country.

Spending in the US on Mondays has gone up nearly 25% since 2019, but in Manhattan it is up just 2%. On Fridays across the US spending is also up just under 25%, but in Manhattan it is up only 11%, according to Bloomberg.

Those numbers are stronger in New York City outside of Manhattan. While spending on Mondays is up just 2% in Manhattan, the Bronx has seen a 28% increase, Queens has seen a 21% increase, and Brooklyn is up by 18%. And on Fridays, greater New York City has seen a 20% increase in spending. Even with stronger figures for the outer boroughs, the city on the whole suffers from the significant loss in tax revenue from Manhattan.

In light of these statistics, it is clear that remote work has the potential to not only benefit individual employees but also to relieve overcrowding in cities and provide new opportunities for economic growth in other states. The ability to work from home has resulted in significant savings for employees on food, shopping, and entertainment, while also allowing them to avoid the high costs of living in crowded urban areas.

While there may be some concerns about the impact of remote work on tax revenue in major cities, we are in the age where there is an abundance of digital connectivity and internet services, hence, it is unnecessary for businesses to operate in high tax areas. There are no compelling reasons why thousands of businesses cannot leverage the numerous benefits of our interconnected world to function remotely.

It is high time we re-evaluate the viability of the big city as a concept that has been overtaken by time and is no longer as relevant in the 21st century. With proper planning and support, remote work has the potential to revolutionize the way we think about work and help us build stronger, more sustainable communities for the future.

Remote Perspective????

These Cities Are Paying Remote Workers To Move

www.businessinsider.com

By now you've likely heard of the big "Zoomtowns" like Denver and Phoenix that attracted scores of remote workers during the pandemic.

But smaller cities and towns throughout the country — from Tucson, Arizona, to Morgantown, West Virginia — are also trying to get in on the remote-work gold mine by offering incentives such as cash, access to local coworking spaces, mountain bikes, and even "grandparents on demand" for babysitting to attract remote workers.

In December 2021 there were 54 of these programs to woo digital nomads, but that number has since ballooned to over 90, according to MakeMyMove, a private consulting company that helps create and market the incentive programs.

The programs generally seek to accomplish three things: bring new people to town, increase local spending, and help spur employment and wage growth.

"A lot of these places have been historically losing their population because people needed to leave in order to find good jobs," said Evan Hock, a cofounder of MakeMyMove. "Now people can bring their jobs wherever they want to go, and they're voting with their feet."

Jessica Risenhoover, a spokesperson for Tulsa Remote, said the program is successful because it helped increase the number of highly skilled workers in the economy and brought more high-income earners to town. The assumption of the program, then, is that folks are spending their grant dollars and income at local businesses like restaurants and shops.

On the surface, the program seems to have accomplished its aim of luring people with high incomes to town. The more than 2,000 people who received Tulsa Remote grants have a median income of more than $85,000. The Tulsa metro area's median income was just over $52,000 in 2021, according to census data.

Risenhoover said that in all, the more than 2,000 recipients brought a total of $61 million of salary income into the metro between 2019 and 2021.

Remote Debate???

Will Tech Companies Reverse Remote Work Policies?

www.dice.com

Will tech companies begin to reverse their remote- and hybrid-work policies?

According to a new report in TechCrunch, Salesforce has been pushing employees to return to the office, although the company insists such decisions are up to individual managers. The cloud-based CRM company is under withering fire from activist investors to boost its stock price and revenue, and CEO Marc Benioff has complained that a lack of in-office culture might be translating into lower productivity among newer employees.

That's quite a sea change from two years ago, when Salesforce announced that its employees would have three options for working: flexible schedules (i.e., in the office 1-3 days per week), full-time remote, or fully office-based. "Our talent strategy is no longer bound by barriers like location, so we can broaden our search beyond traditional city centers and welcome untapped talent from new communities and geographies," the company wrote in a blog posting at the time. "And creating more flexible schedules removes hurdles that may make it more difficult to be in the office daily—from picking up kids to caring for sick family members."

While exact numbers are hard to come by, it seems that more companies are asking their tech professionals to return to the office at least part of the time. Walmart, for example, recently demanded its tech staff commute to their office desks for at least a few days per week, along with Disney, Apple, and other big brands. Meanwhile, the number of open all-remote tech jobs dipped before leveling off somewhat in January.

For companies that decide to embrace hybrid work, there's good news: multiple surveys have shown that tech professionals (especially younger ones) like the prospect of coming into the office for a few days per week rather than everyday. Hybrid work offers the chance for in-person mentorship and interaction while preserving at least some of the flexibility of working from home. Moreover, it's already the culture at many companies: last year's edition of Stack Overflow's annual Developer Salary found that 42 percent of developers had a hybrid work setup.

But tech professionals generally dislike the idea of returning to the office five days per week. While some executives may believe that full-time office work will boost productivity and even team camaraderie, they'll have to be careful about the impact on morale—and retention.

Remote Guide?↗?

How To Use Meetings More Effectively When Working In A Distributed Team

www.hrnews.co.uk

In today’s increasingly connected world, remote work has become the norm for many businesses. With the rise of technology and the availability of high-speed internet, working remotely has become more accessible than ever before. However, for distributed teams, conducting meetings effectively can be a challenging task. It is essential to ensure that all team members can communicate effectively, share ideas and remain engaged in the discussions.

Many companies use multiple online platforms for meetings, communication and sharing key information, which can lead to inefficiencies with Jarvo, a cloud HQ for distributed teams. estimating that we switch between apps 1,500-2,000+ times per day.?

Here are some top tips to help you conduct effective meetings when working in a distributed team:

1. Encourage essential meetings only – if it doesn’t need a meeting don’t have one Ensure that you have clear objectives for your meetings. Outline the goals, desired outcomes, and key discussion points to keep the team focused and on track. One of Jeff Bezos’s quotes says “No meeting should be so large that two pizza’s can’t feed the whole group”, with this in mind you should be extremely respectful of others’ time and the value you are adding to the meeting.
2. Schedule meetings at convenient times: When working with distributed teams, it is important to schedule meetings at a time that is convenient for everyone. Consider different time zones and availability, and be mindful of any conflicting schedules.
3. Share materials in advance: Share any relevant materials, such as agendas and presentation slides, in advance of the meeting. This allows team members to prepare and come to the meeting with any questions or comments.
4. Encourage participation: It is important to encourage all team members to participate in the meeting. Allow time for questions and feedback, and ensure that everyone has an opportunity to speak.
5. Use visual aids: Visual aids can be a useful tool to keep team members engaged. Use tools such as virtual whiteboards or screen sharing to create a more interactive experience.
6. Follow up: After the meeting, follow up with a summary of the discussion, key action items, and next steps. This ensures that everyone is on the same page and can stay focused on the objectives.

In conclusion, conducting effective meetings in a distributed team requires careful planning, communication and the use of the right tools. By following these top tips, you can ensure that your meetings are productive, engaging, and effective.

Remote Travel???

This Beautiful City In South America Is Welcoming Digital Nomads

www.traveloffpath.com

South America is one of the most welcoming regions for digital nomads. Whether you’re only visiting for a short period of time or relocating in the long term, you will be met with friendly locals, gorgeous weather, and a far more relaxed atmosphere.

Buenos Aires has long been renowned for its elegance and architectural grandeur. Nicknamed the Paris of South America, it is famous for its wide boulevards, lined with lush green trees and monumental Belle époque buildings dating back to the late 19th century.

Other than its bewildering beauty and Old World charm, Buenos Aires is a modern mecca for haute cuisine, as the home of several high-end restaurants and Michelin star-worthy street food stalls. From the deliciously tender?asados?to the fulfilling?choripan butties, devoted foodies will have a lot of ground to cover on a culinary tour of the city.

According to Nomadlist, American expats working remotely from Buenos Aires can expect to spend USD$1,914 on average per month, though the final sum can be much lower. For instance, staying outside the city center may help you save some money on rent. In general, food, accommodation, transportation, and tourist attractions are all hugely affordable.

Local authorities are aware of the city’s irresistible appeal, particularly to a budget-conscious, younger demographic, and they have been preparing for further growth: This year, they expect to host 22,000 remote workers, and the fact that Argentina was one of the first in the continent to drop all pandemic-related entry requirements is not a mere coincidence. It is staying ahead of the curve and sparing no effort in its attempt to regain the trust of vacationers and nomads alike following an era of lockdowns and travel bans.

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