Airbnb : Examining Compensation Practices / Arpita Agnihotri, Saurabh Bhattacharya.

Format:

Book

Author/Creator:

Agnihotri, Arpita, author.

Bhattacharya, Saurabh, author.

Series:

SAGE business cases.

SAGE business cases

Language:

English

Subjects (All):

Chesky, Brian--Case studies.

Chesky, Brian.

Airbnb (Firm)--Case studies.

Airbnb (Firm).

Compensation management.

Physical Description:

1 online resource

Place of Publication:

London : SAGE Publications: SAGE Business Cases Originals, 2025.

Summary:

The case discusses how, in April 2022, Brian J. Chesky, CEO and cofounder of Airbnb Inc. (Airbnb), abolished location-based pay from its compensation plan and gave flexibility to employees to live and work anywhere within the country. Employees responded positively to this announcement. However, a study by the Stanford Institute for Economic Policy Research suggested that fully remote work decreased employee productivity by between 10% and 20%. Airbnb also did not follow standard industry practices for compensation. For instance, unlike some leading tech companies such as Microsoft, it rarely offered a signing bonus. However, in certain aspects its compensation policy did follow industry practices, including wage differential across different corporate functions such as engineering versus finance, and across all functions compensation remained above the industry average. Is Chesky's decision to move to fully remote work and abolish the location-based pay component likely to pay off? How appropriate were the compensation policies for employees and management that Chesky formulated?.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781071975831

1071975838

OCLC:

1483993009