Is this the home company in the legend?
As employees globally demand a better work-life balance, a tech hotel services company has launched a new policy to keep employees motivated. fight.
New York-based company SevenRooms announced it will offer new employees two weeks of pay, including health insurance, even before employees start working with the company.
This policy is called ‘New Start’ and has been in place since the beginning of this year.
According to Paul McCarthy, Human Resources Manager at SevenRooms, the company has been working on ‘New Beginnings’ since the summer of 2021. He said:
“This initiative is our way of engaging job seekers who are more in demand and tired than ever before.”
The ‘pandemic of resignation’ – the trend of employees leaving their jobs to focus on their hobbies after the Covid-19 pandemic took place has forced many businesses to change their remuneration policies for employees.
According to Gallup’s ‘The Wellbeing-Engagement Paradox of 2020’ report, employees seem to prefer working from home during the new pandemic. But the prolonged Covid-19 leaves many people exhausted and companies are struggling to keep them.
Acknowledging this, McCarthy points out that it’s impossible to let some employees go on unpaid leave. In addition to providing paid time off for new employees, SevenRooms has also set a minimum number of days employees are required to take time off each year. Further, the company encourages people to take “extended breaks” to “recharge fully”.
In addition, employees who have been with the company for 5 years must take 5 consecutive days off twice a year, once between January and June, and again from July to December. Similarly, those who have worked for the company for more than 5 years are required to take 10 consecutive days off in the first half of the year and the next 10 days off in the second half of the year.
“The company has 200 employees and we plan to hire another 100 by the middle of this year. Since the New Start policy was introduced, the company has hired 16 new people.”
In addition to SevenHours, several other companies are taking similar initiatives to maintain employee productivity. Last year, PwC started a new policy under which employees will be rewarded with $250 for vacations.
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