Since 2020, millions of people were furloughed or lost jobs, and others rapidly adjusted to working from home as offices closed. Many other workers were deemed essential and continued to work, in a mix of occupations, and the workforce skills required in various countries with diverse economic and labor market models.
The computer-based office work arena includes offices of all sizes and administrative workspaces in hospitals, courts, and factories. Work in this arena requires only moderate physical proximity to others and a moderate number of human interactions. This is the largest arena in advanced economies, accounting for roughly one-third of employment. Nearly all potential remote work is within this arena.
Confidence in Remote Jobs – Reasons to go Remote
- Increase in WFH Effectiveness -Considering only remote work that can be done without a loss of productivity, a McKinsey Report finds that about 20 to 25 percent of the workforces in advanced economies could work from home between three and five days a week.
- Mobility and Migration – This movement represents four to five times more remote work than before the pandemic and could prompt a large change in the geography of work, as individuals and companies shift out of large cities into suburbs and small cities.
- Execution Efficiency – Work that technically can be done remotely is best done in person. Negotiations, critical business decisions, brainstorming sessions, providing sensitive feedback, and onboarding new employees are examples of activities that may lose some effectiveness when done remotely. Yet, there are solutions around effective outsourcing technology which can execute these functions effectively.
- Saving Space and Costs – Some companies are already planning to shift to flexible workspaces after positive experiences with remote work during the pandemic, a move that will reduce the overall space they need and bring fewer workers into offices each day. A survey of 278 executives by McKinsey in August 2020 found that on average, they planned to reduce office space by 30 percent.
- Automation and Remote Accountability – In a global survey of 800 senior executives in July 2020, two-thirds said they were stepping up investment in automation and AI either somewhat or significantly.
How to Move to a Remote Setup for your Company
Businesses can start with a granular analysis of what work can be done remotely by focusing on the tasks involved rather than whole jobs. They can also play a larger role in retraining workers. Others have facilitated occupational shifts by focusing on the skills they need, rather than on academic degrees. You can look at processes like data entry, accounts payable, accounts receivables, automation to be outsourced.
Remote work also offers companies the opportunity to enrich their diversity by tapping workers who, for family and other reasons, were unable to relocate to the superstar cities where talent, capital, and opportunities concentrated before the pandemic.
We believe results begin with a successful team. We pick the most qualified team members with deep industry knowledge and extensive work experience to provide the highest accuracy and quality of work. With the best team in place, success is delivered!
Each team supports a qualified Project Manager, the Right Number of FTEs, Full IT support, and Intelligent Developers to provide the best solution. Additionally here at ARDEM, we take pride in our business process outsourcing services by becoming a part of your business team and are always available exactly when you need us.
For more information please reach out to us at pricing@ardem.com or call us at 908-359-2600.
