A New Remote Work Trend is Helping Employers Retain Talent Amid Labor Market PressuresAs labor shortages and rising wages make it increasingly difficult for companies to retain talent, a new trend is emerging.
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The pandemic has taught us thatremote workis here to stay. It's no longer a question of whether employees can be productive from afar; rather, it's a matter of how businesses can leverage this newfoundflexibility. As labor shortages and rising wages make it increasingly difficult for companies to retain talent, a new trend is emerging: outsourcing jobs overseas.
Italk to five-ten leaders each weekabouthybrid and remote work, and while a few months ago the exclusive focus was on the return to the office, the conversation is increasingly shifting to cutting costs as theeconomic situationgrows worse. Indeed, the number of people working remotely has beentrending upin the last couple of months, according to a LinkedIn survey. Andoffice occupancyaveraged across 10 large metro areas fell below 50% after rising above that number in January.
