British digital bank Zopa will allow its staff to work for up to 120 days a year overseas, making it one of the UK’s most flexible employers.
Zopa told staff they could work remotely abroad for an extended period without any change to their pay, in an expansion of its policy a year ago which allowed up to 90 days.
It has identified 13 countries — including Spain, Greece, Portugal, Italy, Bermuda and Barbados — where employees could base themselves without facing onerous tax, legal and right-to-work obstacles. It will also review other locations on request.
“We recognise the world of work is changing,” Helen Beurier, Zopa’s chief people officer, said. “The concept of work-life balance is no longer relevant. There isn’t really a difference between work life and your personal life.”
Zopa was founded in 2005 as a peer-to-peer lender, but has since converted into a bank. Almost all its 560 staff are based in London. So far 34 have taken up the offer.
