Ocado to allow staff to work from abroad

Ocado said that having the opportunity to work abroad was commonly requested at townhall meetings

Employees at Ocado (LON:OCDO) have been told they are allowed to work from any location in the world for one month per year as the company looks to adapt its practices to the post-pandemic world.

Thee groceries delivery company devised the policy in response to its workers who voiced their desire to work remotely during the pandemic.

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A number of major companies have been devising their own strategies to deal with worker demands and office rents in the aftermath of the pandemic.

Ocado confirmed that having the opportunity to work abroad was commonly requested at downhill meetings, particularly by people who have family in different countries.

The Times reported that Ocado chief executive Tim Steiner spent a lot of time during the pandemic working from his parents’ home in the Bahamas.

KPMG’S UK-based staff have been instructed that they are able to work in the office for only two days per week, while Twitter’s employees have been told they can work from home on a permanent basis.

However, not all companies feel the sam, as some believe in the benefits of developing employees within a communal environment.

Goldman Sachs chief executive David Solomon rejected remote working as a “new normal” and labelled it an “aberration”.

The Ocado share price is down by 1.22% during the morning session on Monday.

Since 27 January the Ocado share price is down from 2,883p to 1,780.50p, a fall of 62%.

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