Once the pandemic subsides, work is unlikely to look the same as it once did. The change starts with the office itself, with one-quarter of CFOs considering a reduction in real estate footprint and half of companies planning to make remote work a permanent option when feasible.
In turn, the shift impacts how companies approach recruitment. In tight labor markets, the ability to recruit from anywhere opens up new sources of talent. "The shift toward the adoption and prevalence of remote work is going to present substantially more opportunity for IT professionals," said Hired CEO Mehul Patel in an email to CIO Dive. "We're removing the geographical constraints that have limited their options for so long."
For employers, remote work becoming the norm provides access to a larger, more diverse global talent pool as they look to expand, Patel said. With recession scenarios looking more likely, businesses aiming to expand may require additional tech spend to enable remote work in the long term. A key area for investments are collaboration tools, which experts say can help to build trust in a distributed workforce.
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