Yahoo Japan is telling its 8,000 employees that they can work anywhere in the country - and even be flown into work when the job requires it - bucking the trend of companies looking to return workers to offices in the third year of the coronaviruses epidemic.
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The program takes effect on April 1 and allows employees to commute by plane, which wasn't previously an option, the company said in a statement Wednesday. While Yahoo is best known for its internet portal in Japan, it is a unit of SoftBank Group Corp.'s Z Holdings Corp., which also owns the Line messaging app and PayPay mobile payments service.
President Kentaro Kawabe said 90% of the company's employees are now working remotely, and that an overwhelming majority of them said their performance has held steady or improved at home. He said that this doesn't mean we redenying the benefits of the office -- you'll be able to fly in when needed.
Yahoo is setting a commuting budget of 150,000 yen $1,300 per worker and lifting its previous daily cap. The initiative aims to bolster morale and wellbeing, with social gatherings subsidized by 5,000 yen per employee a month.
Since 2014, the company has had an office anywhere remote work system in place, but it has capped the number of work-from- home days before the virus takes hold, to five days a month.
Japanese companies have taken advantage of flexible work arrangements, which was rare before 2020 in a culture that once prided itself on direct interaction in office and long working hours. Panasonic Corporation. unveiled plans for a four-day workweek last week, an initiative that Mizuho Financial Group Inc. already has underway.
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