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Is Balance the Key to a Successful Workcation?
In recent years, workcations have been gaining wide acceptance in the asset management industry, with top firms including Schroders, Baillie Gifford, DWS and BlackRock allowing forms of temporary remote overseas working. With so many moving pieces at play, it begs the question, “How can I make it work for both the employer and employee?”
Caroline Walker, managing director of Cavendish Employment Law, recently contributed towards an article in the Financial Times discussing how balance is the key to a successful workcation agreement.
Caroline had the following to say "Employers are now acutely aware that offering a quality work/life balance enables them to attract and, importantly, retain, talent in the workforce, as well as potentially minimising the risk of mental health conditions brought on by excessive work pressure or burnout," she says.
"International employees can spend quality time with family living overseas, or other employees can extend family holidays and work whilst their children play on nearby beaches.”
But these benefits must be balanced against “the needs of the business”.
Firms have to ensure employees have “enough physical attendance to feel connected to the business and other employees”, as well as consideration of the benefits from client-facing opportunities, Ms Walker says.
Read the full article to hear more about how you can make the most of your workcation.
At Cavendish Employment Law Limited, we are specialists in employment law and have won many high-value claims for senior employees and executives. Get in contact with us today for immediate expert advice.
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It would not be an exaggeration to say that I was extremely pessimistic about being able to get a decent redundancy settlement. I was feeling really low and depressed. That all changed when Caroline Walker agreed to act for me.She secured an excellent settlement for me, without me having to face the expense and stress of going to court...
- Martine Roberts"I cannot recommend you highly enough. A law firm that really delivers all it promises. I never thought I would say that I found the costs reasonable, but I did, and I will never get over how much you secured for me in a totally unexpected settlement. It has set me up for the next chapter in my life. Thank you, thank you."
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- John McVeighIt would not be an exaggeration to say that I was extremely pessimistic about being able to get a decent redundancy settlement. I was feeling really low and depressed. That all changed when Caroline Walker agreed to act for me.She secured an excellent settlement for me, without me having to face the expense and stress of going to court...
- Martine Roberts"I cannot recommend Caroline more highly. Any client of hers is really fortunate to have her on their side. She is a credit to her profession and I am most grateful to her."
- Jake Brown
