Josh Hyatt, Plus Relocations Director of Business Development, explains that paying workers to live close to the office is becoming a trend in the Bay Area. Costs, particularly housing, continue to be a huge challenge for Bay Area employees, as does the crazy commute for those unable to afford housing closer to work.
As an employer in Silicon Valley, should this be a strategy to seriously consider when working to sign on high quality talent? Employees that live closer to work typically work late and stay with the company longer.