Business employee works on his computer from home

The Impact of Remote Work: Is it Here to Stay?

When looking at the sudden popularity of remote work, it’s easy to assume that it was a result of the coronavirus and the lockdown that followed. However, that would be ignoring the existing trend of remote work that had been growing years prior.

Is Remote Work Temporary?

Remote work was growing in popularity long before the Coronavirus pandemic struck the U.S. and forced businesses to shutter. Way back in March of 2019 research was already showing that 83 percent of U.S. businesses in the past 10 years introduced a flexible workspace or were planning to.

Another statistic that might surprise you is 16 percent of businesses hired remote workers exclusively.  When companies closed their doors in March of 2020, no one had any idea how long they would remain closed.

Some companies embraced remote work sooner than others. Companies like Facebook announced they would allow their employees to work remotely to the end of 2020. Others like Twitter stated publicly they would go remote indefinitely.

As we can see, remote work is nothing new. But it went from popular trend to basic necessity in almst no time at all.

So what is the future of remote work?

Where is this all headed?

The Bureau of Labor Statistics released data that shows how different industries were impacted by COVID-19. While industries like Finance and Insurance managed to adapt pretty successfully, other industries like Tourism and Hospitality have suffered.

During the early periods of the COVID outbreak, 90 percent of employment decreases came from jobs that couldn’t be done remotely. This is according to a PEW Research Center analysis of the government’ data on labor.

It is true that barbers, waiters, tattoo artist and other contact dependent jobs were lost as a consequence, but another trend stated to arise as well.

There were other individuals—specifically individuals with college degrees—that could function remotely. Teachers, stock traders, financial advisors and accountants as we’ve seen before were able to adjust themselves to teleworking.

Nerds Support conducted its own poll asking how much the lock-down had affected their business. Of the 22 respondents that answered, 36.4 percent said they went fully remote and were considering a permanent remote option.

Nerds Support conducted a poll about the impact of remote work

Part Time vs. Full Time Remote Work

Will business owners and their employees learn to optimize their remote work capabilities? A survey by Salesforce and Tableau revealed that 69 percent of respondents agreed that the nature of work was going to change permanently due to pandemic.

A recent Gartner poll showed that 48% of employees will likely work remotely at least part of the time after COVID-19 versus 30% before the pandemic. As organizations shift to more remote work operations, explore the critical competencies employees will need to collaborate digitally, and be prepared to adjust employee experience strategies. Consider whether and how to shift performance goal-setting and employee evaluations for a remote context.

Gartner research also shows the coronavirus pandemic will have a long term impact work.

More Remote Work

A poll conducted back in June showed that 48 percent of employees are likely to work remotely at least on a part-time basis. This was an increase from 30 percent before the pandemic began.

Offshore jobs

As mentioned before, there has been many job loses but many job opportunities created from the pandemic. Since telework has increased, so has the pool of candidates employers can choose from.

Initially, employers responded to the pandemic by furloughing or firing their employees to cut costs. However, as the months have gone by, a newer trend has revealed itself.

Employers are hiring more contingent workers to improve flexibility in their workplace.

Remote work for efficiency

55 percent of organizations redesigning their operations were more focused on streamlined positions. Doing so maximized efficiency but also created vulnerabilities in resilience. That means that they operate better at the cost of losing their ability to respond to disruptions.

Remote vs. Workplace

Since we’re going by the numbers, 57 percent of workers wanted to increase their remote work in the future. This number increases to 64 percent among those who are concerned about the coronavirus health risks. Even so, 80 percent of workers indicated that they would likely continue working from home partially. Those already working remotely full-time only 1 percent say they want to return exclusively to the office.

Workers who operate remotely are less likely to lose their job

Once again, job loss was associated with those who were unable to work remotely. From the months of Feburary to March, the unemployment in the U.S. decreased by 2.9 million. Employment among jobs that could transition remotely was virtually unchanged.  The number decreased by 0.5 percent.

Industries that are becoming more relevant

 Managed IT services companies are seeing an increase in popularity as more businesses transition to cloud based networks. The transition to the cloud indicates a concern for efficiency as we’ve discussed. Telecommunication is becoming more important as businesses learn to share and cooperate from longer distances. As a result, cloud infrastructures are needed  to accommodate for this change.