This U.S. state will pay you $10,000 to move there - JobAdvisor : JOB SEARCHING , CAREER ADVICE

Saturday, June 2, 2018

This U.S. state will pay you $10,000 to move there

Morning commute got you down? Consider moving to Vermont — you may make $10,000 out of it.
The state’s governor signed a law Wednesday that will give workers up to $10,000 in tax credits to move there through its New Remote Worker Grant Program. The legislation, which goes into effect Jan. 1, is part of a larger effort to augment the state’s declining and aging population and draw more people from the tech workforce there.
In addition to the grant program, Vermont has a statewide policy on flexible working arrangements — a statute meant to protect residents’ right to request flexible working arrangements without fear of retaliation.
Employees aren’t the only ones Vermont is trying to draw to its rolling hills: Companies that move to Vermont can get up to $125,000 in total credits in 2019 and up to $250,000 in 2020 to cover relocation costs, equipment expenses, broadband updates and employee membership fees for co-working spaces.
More companies across the country are allowing employees flexibility, according to Kareem Bakr, director at the global recruitment organization Selby Jennings. Some 50% of companies the firm works with offer at least one day of remote work per year, and 25% allow employees to work full-time from wherever they want outside the office.
“They are becoming more comfortable with employees working remotely because it allows them to tap into different talent pools,” he said. “The biggest incentive is work-life balance.”
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The number of remote jobs has risen 115% since 2005, according to FlexJobs, a job-search site for remote work, and the number of people quitting their jobs for flexible work has doubled from 2014 to 2017.
There is evidence that telecommuters are more productive, according to a 2017 study of 24,000 workers from the video and voice collaboration technology company Polycom Inc. and the human-resources executive network and research firm Future Workplace. Some 98% of people said the ability to work anywhere has a positive impact on productivity, and 62% said they are already taking advantage of flexible set-ups for work.
But working from home in a different state from your company’s home office isn’t for everyone: It can impede an employee’s ability to advance in the company, Bakr said. “You can’t manage as easily remotely,” he said. “You don’t have the day-to-day exposure to leadership.”
Vermont was No. 9 in a recent U.S. & World Report ranking of the best states in which to live, based on 77 different metrics, including public health, employment, affordability, environment, broadband access, growth and quality of life.