3. The Growing Talent Gap

 The wave of job turnover, known as “The Great Resignation,” results in a considerable skills scarcity in the job market. Boosted by the pandemic and the resulting workplace changes, this wave sets out, affecting some tech workers more than others. We advise you to look at this insight to learn further about the great resignation phenomenon for IT talents. 

The accelerated digitalization by the pandemic created upward pressure on the demand for tech professionals. There’s much competition for skilled talent. In a competitive market, hiring great people is the key to growing, which most companies want. The talent gap in question further increased the bargaining power of talents against employers in determining wages and working conditions. Employers have been keen to implement many talent-valued practices, including remote working models, to attract and retain top talent.

Remote work is one of the top perks a company could offer its employees. What happens if the employers provide this perk to some employees but not everyone? It’s only a matter of time before other employees demand it, employers can’t stand up to these demands, and remote work becomes widespread throughout the company.

4. The Rising Demand for Flexible Work

Today’s workers demand flexibility and work-life balance. Millennials want the flexibility to work and travel, while a parent with 3 kids may want to work from home twice a week. Fully flexible roles are desirable for the working parents, mainly working mothers, who are statistically more likely to bear primary caregiving responsibility. Remote work allows people to tailor their work hours per their lifestyle.

Remote work provides flexibility and allows people to work when they are most productive. Compared with having a desk job or a day job, people are inspired to work when they can balance their time between work, family, and recreational activities. As you can imagine, remote working sounds very attractive for someone who spends three hours/day in traffic.