Stripe's Billionaire Founders Say Remote Work Solves a Crucial Productivity Barrier
The Irish cofounders of Stripe, a payments company, argue that remote work can help address a significant challenge faced by working couples in the US.
Reported 7 hours ago
The debate over remote work has become a contentious issue in recent times, with some companies mandating a return to office (RTO) for their employees. However, Stripe's billionaire cofounders, Patrick and John Collison, have taken a different stance, suggesting that remote work can be a solution to a crucial productivity barrier in the US.
The brothers, who are Irish nationals, pointed out that the widespread RTO mandates cater to the worst employees, rather than the best. They argue that remote work allows companies to tap into a larger talent pool, which can lead to increased productivity and better outcomes.
One of the key challenges they highlighted is the 'two-body problem,' where couples face difficulties in finding suitable employment opportunities that allow them to work together. Remote work, they believe, can help alleviate this issue by enabling couples to work from anywhere, regardless of their location.
Stripe, which employs over 8,000 people, has a significant remote workforce, with an estimated 40% of employees working from home. The company's founders have been vocal about their support for remote work, citing its benefits in attracting top talent and improving productivity.