AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Top talent is increasingly seeking organizations that not only offer remote work but also empower people through remote work. The competition for talent in the remote market has risen, and companies now have to go beyond simply being remote. Remote work has become a feasible career option, and organizations that do remote work well are attracting high-quality candidates. The rise of remote work has also led to the removal of geographic limitations and the ability to build diverse teams from around the world.
The podcast episode discusses the historical development of the workplace, from the traditional office setups of previous centuries to the widespread adoption of remote work powered by the internet and technology. The episode acknowledges the impact of COVID-19 in accelerating the shift to remote work and highlights the ongoing adaptation of companies and employees to the changing work environment. The episode also explores the transformative potential of distributed work in reshaping traditional work structures and hiring practices, as well as the debate around the future of physical office spaces.
The episode delves into the concept of asynchronous work, where employees have the flexibility to work at different times and locations, thanks to technology and distributed work environments. The advantages of asynchronous work are discussed, including the respect for individuals' time, the ability to work across different time zones, and the opportunity to optimize knowledge retrieval instead of relying solely on synchronous communication. The examples of GitLab's intentional integration of asynchronous workflows into its culture and the optional nature of meetings with clear agendas are presented as effective strategies in embracing asynchronous work methods.
The episode explores the challenges and strategies in building a strong remote work culture and attracting top talent. It emphasizes the importance of defining and exemplifying company values, fostering camaraderie, and creating effective systems and infrastructure for remote work. The discussion touches on the significance of nurturing a culture of written communication, establishing norms, and providing opportunities for meaningful connections among remote team members. Additionally, the episode highlights the evolving nature of benefits and remote work compensation, with companies seeking to balance competitive pay, fair treatment, and the alignment of salaries with global talent markets.
One of the main insights discussed in this podcast is the trend of top talent being attracted to large hubs created by major companies around the world. The speakers mention examples like Brazil, India, and Uruguay, where local talent has gained experience working for successful tech companies and are now looking to work for global companies that offer higher pay and a similar cultural mindset. The importance of having a strong cultural alignment between companies and talent is emphasized, as this plays a crucial role in attracting and retaining top talent.
The podcast also explores the changing approach to hiring and vetting top talent in the remote work landscape. The speakers mention the inclusion of more assessments and an increase in hiring contractors before offering full-time positions as a way to vet talent. Clear communication of company values and operating principles during the interview process is also highlighted as a way to ensure compatibility between the company and potential hires. The speakers discuss the need for companies to adapt and create a clear understanding of expectations and reality to avoid misalignment and potential unhappiness among employees.
The predecessor to the office was Florence’s Uffizi Gallery – an admin building to the Medici mercantile empire. That was in… 1560. In the centuries to come, work was revolutionized, with perhaps the most well-known inflection of Ford Motors adopting the 40-hour work week in 1926. The cubicle? We have Robert Propst to thank for that, entering the picture in 1968.
It wasn’t until the 80s when the Internet appeared on the scene and wifi released in 1997, forever changing the way people live and work. Since then, companies have continued to adopt many of the practices from the 20th century, despite the possibilities being fundamentally different.
COVID sent a shock into that system, forcing many people to adopt a distributed model and despite much debate about what the future holds, this episode will highlight the many ways that companies are continuing to adapt.
Will companies shift toward more asynchronous work? How will a distributed model shift the way we hire? How will companies attract top talent, and is remote the only benefit that matters? What workers and companies will come out on top of this sea change?
And of course… is the office dead? We’ll address these questions, and much more!
Topics covered:
Resources:
GitLab’s Remote Handbook: https://about.gitlab.com/handbook/
Deel’s Salary Insights Tool: https://www.deel.com/salary-insights
Deel’s State of Global Hiring report: https://www.deel.com/state-of-global-hiring-2022
Deel:
SafetyWing
GitLab:
Stay Updated:
Find us on Twitter: https://twitter.com/a16z
Find us on LinkedIn: https://www.linkedin.com/company/a16z
Subscribe on your favorite podcast app: https://a16z.simplecast.com/
Follow our host: https://twitter.com/stephsmithio
Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. For more details please see a16z.com/disclosures.
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode