One organization is offering some flexibility, but employees may expect a salary dip
For lawyers and employees of London-based Stephenson Harwood law firm, working from home comes at a cost of a 20% pay cut. This is the law firm's latest offering to staff as more firms across the world shift to post-pandemic working arrangements that include lessons learned from the pandemic. It also comes after the company employed workers outside of London.
It affects the company's over 1,100 employees, according to a report from The Guardian, as well as most of its international offices. The firm has outlets over Paris, Greece, Hong Kong, Singapore, and South Korea. The offer, however, is not extended to the law firm's partners. According to The Guardian's report, the company is currently implementing a hybrid work option where employees are working remotely for two days a week.
"Like so many firms, we see value in being in the office together regularly, while also being able to offer our people flexibility," a spokesperson told The Guardian.
Citing its employees' experience with hybrid work, the law firm told the media that it is not expecting a lot of staff to avail the permanent work arrangement. Should a junior lawyer avail the said offer, their starting salary of 90,000 could get lose 18,000, said The Guardian.
The twist in the law firm's policy comes as more companies join the emerging trend of implementing flexible working arrangements for staff in the post-pandemic era.
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