Vermont will pay people $10,000 to move there and work remotely

in vermont •  7 years ago  (edited)

Beautiful Vermont has a new law that will pay workers to move there and work remotely. Governor Phil Scott signed the legislation on Wednesday. Eligible workers can get up to $10,000 through the state's new remote worker grant program.

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Vermont has a small and aging population, according to Joan Goldstein, commissioner of economic development for Vermont. "We recognize the need to recruit people to the state, and this is one of those efforts." She said her office is already getting inquiries from interested workers.To be eligible, a worker must be a full-time employee for an out-of-state business, work primarily from home or a co-working space in Vermont, and become a full-time resident on or after January 1, 2019.

The US labor market has been thriving recently, making it difficult to retain workers. Government data also shows people are moving less than they have in the past.Companies have been getting more generous and creative to compete for talent. Some have been increasing pay and changing payroll practices, while others are beefing up benefits, like offering help paying down student loan debts and flexible schedules.

Newslink : http://money.cnn.com/2018/05/31/pf/jobs/vermont-pay-remote-workers/index.html

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