Breaking COVID19 News
As we deal with
the COVID19 pandemic remote working is one of the new trends that has been ignited , and it looks like it will be here to stay after this crisis passes . Working remote is the new normal , as far as this quarantine period goes , and it will be a new work option offered employees going forward . In fact , Indeed , the online job board , has created a remote working category for employers and job seekers alike . Companies seeking to tightly manage costs are realizing the cost benefits of a remote workforce , and the trend looks likely that past onsite employees will be shifted to permanent remote positions .
An unexpected consequence is that some of this remote work will be shifted out of state or offshore , where labor is cheaper . A business owner I know was resisting putting his employees to remote work positions , but soon realized that he can also shift a lot of his expensive domestic labor abroad and save costs . Unfortunately , this will have a negative impact for local or domestic jobs .
On a positive note , people having to live in expensive parts of the country will be able to move elsewhere , save costs , improve their quality of life and keep their job . The Location Premium that
" Working remote is the new normal , as far as this quarantine period goes , and it will be a new work option offered employees going forward ."
employees pay , such as people who work in Silicon Valley tech jobs to be in Silicon Valley , will be mitigated by employees who work remote . In fact , this bodes well for an improvement in quality of life for many people who choose to work remote or go out of state to cheaper areas of the country . Similarly , this will help lessen crowding and traffic in big cities .
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