Yelp Says Remote-First Policy Boosted Job Apps By 43%, Led To a More Satisfied Workforce
Despite arguments that remote work weakens workers’ connections and growth opportunities, Yelp says it has found the opposite to be true. About 90% of the company’s more than 4,700 employees say they have found effective ways to collaborate remotely, and 91% say they are confident in upward career mobility while working out of the office. Flexible schedules have also facilitated a healthy work-life balance — about 89% of the company’s workers say they can manage personal and professional demands, and the same amount say that the remote model has allowed them to make positive changes for their wellbeing.
Notably, Yelp’s global tenure has increased to 3.5 years in 2023, compared to 2.8 years the year prior. The company says it’s using the money it saved from shutting down its underutilized offices in New York City, Chicago, and Washington D.C., to funnel back into employee benefits, professional development, and wellness reimbursements.
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