Close-up of a Revolut bank card on a dark surface.
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Revolut employees can work from abroad for two months a year

8 Apr 20211.19k Views

As part of its hybrid working policy, Revolut will allow employees to work from anywhere in the world for part of the year once travel restrictions are lifted.

A new policy will allow Revolut staff to spend extended time overseas while working remotely.

The fintech company’s new initiative will allow employees to work from abroad for up to 60 days per year once travel restrictions have been lifted.

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Revolut has more than 2,000 employees, including almost 50 in Ireland. It is currently advertising several hundred vacancies around the world, including more than 20 roles in Dublin and remote around Ireland.

In developing the policy, the company said it studied applicable corporate tax, income tax, immigration and social security regulations. It added that the ability to work from anywhere will enable its internationally diverse workforce to visit families more often or for longer periods.

Revolut’s VP of people, Jim MacDougall, said he expects the new policy to be a success once travel restrictions are lifted.

“As we’re eliminating frontiers within financial services, it made sense to align our internal policy with our product mission,” he said.

“Our employees asked for flexibility and that’s what we’re giving them as part of our ongoing focus on employee experience and choice.”

Earlier this year, Revolut announced its long-term remote working strategy, which includes setting up of a number of collaborative workspaces called RevLabs. The fintech start-up intends for these spaces to accommodate its workforce’s flexible needs.

It said an internal survey found that more than 56pc of its workforce would prefer to work from home between two and four times per week, while 36pc said they would like a full remote working policy. According to Revolut, only 2pc of respondents said they would prefer to work in the office full-time.

The company’s flexible working policy is one of several plans laid out by tech companies to create more hybrid working models in the future, including Fujitsu’s plans for a ‘borderless office’ and Siemens’ mobile working model.

Jenny Darmody
By Jenny Darmody

Jenny Darmody became the deputy editor of Silicon Republic in 2020, having worked as the careers editor until June 2019. When she’s not writing about the science and tech industry, she’s writing short stories and attempting novels. She continuously buys more books than she can read in a lifetime and pretty stationery is her kryptonite. She also believes seagulls to be the root of all evil and her baking is the stuff of legends.

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