Permanent Work From Home: Company Allows WFH With Pay Cut

While employees wish to work from home return, companies are eagerly waiting for employees to return to office. Amid this changing scenario, a lot of new workplace models are being thought of and implemented.

However, in good news for employees, accounting and consulting firm PwC has introduced a new policy to allow its employees to work from home for a lifetime.

Recently, in a statement, the consulting firm announced that it will allow its 40,000 US client services employees to work virtually. The company also said that these employees can work from anywhere they want permanently.

And, with this move, PwC becomes one of the biggest employers to embrace permanent work-from-home policy.

A news portal (India.com), citing international media reports, quoted PwC’s deputy people leader Yolanda Seals-Coffield saying that employees who will get permanent remote work facility would see a salary cut.

Geographic location matters, as those working from a 'lower-cost location', will see their pay decrease, he added. On similar lines, Google also offers location-based compensation packages to its employees.

Besides other major accounting firms, such as Deloitte and KPMG, have also been allowing employees to work from home. Apart from these firms, several IT companies such as TCS, Wipro, and Cognizant are offering flexible remote work choices to employees.

Published: Sanchita Mondal

Last updated: 07 October 2021, 04:49 PM IST