Working From Home: The End Of An Era?
Over a million more Americans worked from home in 2010 than in 2005, according to the U.S. Census Bureau: 5.82 million versus 4.79 million, or 4.3% of the total workforce, compared to 3.6% in 2005. In Boulder, Colorado, the city with the highest percentage of people working from home, more than one in ten (11.3%) work remotely.
In Sunnyvale, California, the 2010 figures are 5.1%, up from 4% back in 2005. Why is Sunnyvale important? Because this is where Yahoo! has its headquarters, and it was a change in policy by the new CEO, Marissa Mayer, that has put the work-at-home issue front and centre for many companies. Simply put, Ms Mayer – who herself became a mother for the first time earlier this year, and may have been thought to favour work-at-home-policies – quashed the option altogether. There had been reported allegations that Yahoo! employees abused the system; media coverage portrayed the move as a step backwards. INSEAD Affiliate Professor of Organisational Behaviour, Erin Meyer, disagrees. By Alvin Lee, http://www.forbes.com Read More