Friday, June 27, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Cameo Brings Workers Back to the Office With $10,000 Raise

February 21, 2025
in NFT
Reading Time: 3 mins read
0 0
A A
0
Home NFT
Share on FacebookShare on TwitterShare on E Mail


As corporations like Amazon, JPMorgan, and Walmart implement return-to-office (RTO) mandates, one enterprise is sweetening the deal by giving its workers a $10,000 annual elevate for exhibiting as much as the workplace extra typically.

Cameo, a startup that permits customers to buy and obtain customized video messages from celebrities, started a brand new RTO coverage this week requiring the 26 workers who work on the firm’s headquarters in Chicago to be within the workplace Monday by means of Thursday, per CNBC Make It. The coverage, which the corporate first introduced to employees final month, allows workers to obtain a $10,000 yearly elevate along with free parking, a free every day catered lunch, and free entry to an onsite health club.

“We actually felt like we needed to make HQ a perk, not a punishment,” Cameo CEO Steven Galanis informed CNBC Make It. “We all know we’re asking extra out of you to surrender the pliability, and we needed to compensate you for it.”

Associated: AT&T and Sweetgreen Are Following Amazon’s Lead With Stricter Return-to-Workplace Mandates — Although Amazon’s Plan Has Hit a Snag

Cameo has two dozen further workers primarily based elsewhere within the U.S. and overseas, primarily in New York and Los Angeles. They had been allowed to maintain working remotely however weren’t given a pay elevate.

Galanis, 37, selected to set the annual elevate at $10,000 as a result of the determine would make a “significant” distinction in workers’ lives and hoped it could assist junior workers discover housing close by as a substitute of taking over lengthy commutes.

The Chicago headquarters opened in the summertime of 2024, however Cameo management by no means mandated a strict set of days workers needed to report back to the workplace. Staff primarily based in Chicago beforehand got here to the workplace at any time when they wanted to, exhibiting up a median of two to a few instances per week, in line with Galanis.

Cameo CEO Steven Galanis. Jose M. Osorio/Chicago Tribune/Tribune Information Service through Getty Pictures

When Cameo knowledgeable its Chicago workers of the four-days-a-week in-office coverage final month, it additionally gave them the choice to maneuver out of Chicago to not have to come back into the workplace in any respect.

Cameo discovered that none of its workers give up or moved away after the announcement. As a substitute, the other occurred. A few of Cameo’s distant employees primarily based in different areas expressed curiosity in shifting to Chicago and benefiting from the perks supplied to in-office workers.

A HealthEquity examine launched earlier this month surveyed greater than 600 full-time workers who shifted from totally distant to hybrid or totally in-person work. Three out of 4 workers stated their RTO experiences had been constructive, with 74% saying they skilled enhanced collaboration.

The highest motivators for workplace attendance weren’t free lunches or a elevate, it was skilled growth alternatives (50%) and team-building occasions (47%). The largest impediment to in-person work recognized by the survey was commuting prices (54%).

Associated: Learn the Letter Despatched to AWS CEO Matt Garman, Signed By 500 Workers, Protesting His RTO Feedback

Cameo has skilled a tumultuous few years. The pandemic catapulted the startup to unicorn standing, with a valuation of $1 billion by 2021. Gross sales declined by March 2024, erasing 90% of Cameo’s worth.

Galanis informed Time in December that he thinks the momentum has shifted in Cameo’s favor.

“I am actually grateful for our buyers and our group, that they’ve believed in me and allowed us the second shot to construct an organization that we do not suppose has reached close to its potential but,” he acknowledged.



Source link

Tags: BringsCameoOfficeraiseWorkers
Previous Post

iDEGEN’s presale enters its final week ; XRP beats other crypto majors

Next Post

Zashi on GitHub & F-Droid: More Ways to Download

Related Posts

Standard Chartered CEO: Wharton MBA Was a ‘Waste of Time’
NFT

Standard Chartered CEO: Wharton MBA Was a ‘Waste of Time’

June 27, 2025
Manhattan’s Elizabeth Street Garden to be preserved after about-face by New York mayor
NFT

Manhattan’s Elizabeth Street Garden to be preserved after about-face by New York mayor

June 27, 2025
Amazon Whole Foods CEO Slams Internal Bureaucracy: ‘Ridiculous’
NFT

Amazon Whole Foods CEO Slams Internal Bureaucracy: ‘Ridiculous’

June 26, 2025
Artist-made desserts will be shown and eaten in New York gallery’s one-night exhibition
NFT

Artist-made desserts will be shown and eaten in New York gallery’s one-night exhibition

June 26, 2025
Federal Judge: Anthropic Acted Legally With AI Book Training
NFT

Federal Judge: Anthropic Acted Legally With AI Book Training

June 25, 2025
Missing Tom Thomson painting at centre of $8m lawsuit returned to owner
NFT

Missing Tom Thomson painting at centre of $8m lawsuit returned to owner

June 25, 2025
Next Post
Zashi on GitHub & F-Droid: More Ways to Download

Zashi on GitHub & F-Droid: More Ways to Download

Ethereum Could Target $3,000 Once It Breaks Current Supply Levels – Analyst

Ethereum Could Target $3,000 Once It Breaks Current Supply Levels – Analyst

Javier Milei invites Vitalik Buterin to host Ethereum’s Devconnect in Argentina amid LIBRA token controversy

Javier Milei invites Vitalik Buterin to host Ethereum’s Devconnect in Argentina amid LIBRA token controversy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In