A growing number of U.S. cities and towns are handing out cash grants and other perks aimed at drawing skilled employees of faraway companies to live there and work remotely. Such programs gained traction during the pandemic and have really taken off in just the past year or so. There were at least 24 such programs in the U.S. back in October. Today there are 71, according to MakeMyMove, which is contracted by cities and towns to set up such programs.
A disproportionate share of those who are taking advantage of these programs work in tech — and especially for big tech companies.
Local governments are offering people willing to move up to $12,000 in cash, along with subsidized gym memberships, free babysitting, and office space.
From The Wall Street Journal
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