Successful CEO’s Simple And Effective Work From Home Policy Is Only 10 Words
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Dan Price is the founder of credit card processing company Gravity Payments. Price garnered national headlines in 2015 when he announced that all of his employees would be paid a minimum salary of $70,000. In 2020, Price said the company’s headcount had doubled, and the value of payments that the company processes had gone from $3.8 billion a year to $10.2 billion, according to BroBible. In 2021, Price said the company’s work culture enabled them to survive the pandemic.
Earlier this month, Price shared his philosophy about working from home and it went viral. On Twitter, Price explained his company’s remote work policy in 10 words, which was embraced by over a hundred thousand people.
Price wrote that he asked his employees about their preferences as it pertains to working at home or in the office.
The employees of Gravity Payments overwhelmingly expressed that they want to work from home. In the poll, 62% of employees said they “want to work only from home,” compared to 31% who “want an office-remote hybrid,” and a mere 7% who “want to go to the office full time.”
Price reacted to the poll by writing on Twitter, “So I told them: sounds great. Do whatever you want. As a CEO, what do I care?”
In 10 words, Price delivered a simple and effective work from home policy: “If you get your work done, that’s all that matters.”
We asked our employees where they want to work:
7% want to go to the office full time
31% want an office-remote hybrid
62% want to work only from home
So I told them: sounds great. Do whatever you want. As a CEO, what do I care? If you get your work done, that's all that matters
— Dan Price (@DanPriceSeattle) March 15, 2022
“Put simply, emotional intelligence is the ability to understand and manage emotions. It’s become more important than ever for companies to develop emotionally intelligent policies, because employees have more choices than ever,” Inc. declared. “The companies that will win the war for talent are the ones that create emotional connections with their people, by creating a culture based on flexibility, trust, and accountability.”
Other companies have embraced the work from home attitude.
Coalition Technologies – an SEO and web design agency – declared that their employees can work anywhere in the world.
“I, for one, love traveling. I have family in many different places,” Coalition Technologies employee Sevdha Thompson told CNBC. “Having that flexibility to be able to spend time with people who are very important to me, in different parts of the globe, it’s of major importance.”
CNBC reported, “Thompson, currently staying in Orlando, Florida, lived in Los Angeles when she was first hired by Coalition Technologies in July 2020. She then moved to Kingston, Jamaica, to be closer to family during the Covid-19 pandemic. While she considers the Caribbean island her home base, she has also spent time in New Orleans, Atlanta, Panama, Texas and Oklahoma.”
Job search website Ladders estimates that 25% of all professional jobs in North America will be remote by the end of 2022, and estimates that remote opportunities will increase through 2023.
“Remote opportunities leapt from under 4% of all high paying jobs before the pandemic to about 9% at the end of 2020, and to more than 15% today,” Ladders reported.
“This change in working arrangements is impossible to overhype. As big as it is, it’s even bigger than people think,” said Ladders CEO Marc Cenedella. “Hiring practices typically move at a glacial pace, but the pandemic turned up the heat so we’re seeing a rapid flood of change in this space. It’s really rather amazing.”
[Photo by Andrea Piacquadio at Pexels]