Cameo brings workers back to the office with $ 10,000 raise

As companies like amazon, jpmorgan, and walmart implement return-to -office (RTO) mandates, one business is swaeting the deal by giving its employes a $ 10,000 annual raise for annual raise for showing up Often.

Cameo, A Startup That Allows Users to Purchase and Receive Personalized Video Messages from celebrities, began a new rto policy this week requiring the 26 EmployEs who work at the Company'S Chicago to be in the office monday through twinsday, per CNBC Make ItThe policy, which the company is the first announced to staff last month, enables employees to receive a $ 10,000 yearly raise in addition to free parking, a free daily cater

“We really felt like we wanted to make hq a perk, not a punishment,” Cameo CEO Steven Galanis Told CNBC Make IT. “We know we're asking more out of you to give up the flexibility, and we want to compensate you for it.”

Related: At & t and sveetgreen are following amazon's lead with stricter return-to -office mandates-Thought amazon's plan have a snag

Cameo has two dozen additional employees based elsewhere in the US and abroad, mainly in new york and los angeles. They were allowed to keep working remotely but wasn't a pay raise.

Galanis, 37, chose to set the annual raise at $ 10,000 because the figure would make a “meaningful” different “differentice in employers' lives and hoped it would help Junior Emplooyes Find of Taking on long commutes.

The Chicago Headquarters Opened in the Summer of 2024, but Cameo Leadership Never Mandated A Strict Set of Days Employees Had to Report to the office. Workers based in chicago previously came to the office whenever they needed to, showing up an average of two to three times per week, according to galanis.

^{Cameo Ceo Steven Galanis. Jose M. Osorio/Chicago Tribune/Tribune News Service Via Getty Images}

When Cameo Informed Its Chicago Employees of the Four-DAYS-A-White in-Office Policy Last Month, it also also Gave them them the option to move out of chicago to not have to come into the offfight at all.

Cameo found that none of its employees quit or moved after the announsement. INTEAD, The Opposite Happened. Some of Cameo's remote workers based in other locations expressed Interest in Moving to Chicago and Taking Advantage of the perks offered to in -FFCE Employees.

A healthyquity study Released earlier this month Surveyed more than 600 full-time employers who shifted from full remote to hybrid or full in-verson work. Three out of four employees said their RTO Experiences Were Positive, with 74% Saying they Experienced ENHANCED Collection.

The top motivators for office Attendance wast free lunches or a raise, it was professional development options (50%) and team-building events (47%). The Biggest Obstacle to in-Person Work Identified by the Survey Was Commuting Costs (54%).

Related: Read the Letter Sent to Aws CEO Matt Garman, Signed by 500 Employees, Protesting His RTO COMments

Cameo has experienced a tumulture few years. The Pandemic Catapulted The Startup to Unicorn Status, with a Valuation of $ 1 billion By 2021. Sales declined by March 2024, Erasing 90% Of Cameo's Value.

Galanis told time in December that he thinks the momentum has shifted in cameo's favorite.

“I'm really grateful for our investors and our team, that they've believed in me and allowed us the second shot to build a company that we do not think have reached Near Its POTANEL YETS POTATED