The pandemic has changed the way that we interact with others, and the way we navigate the modern workforce is no exception. During the pandemic, 88% of companies encouraged and/or required employees to work from home (WFH). Also, a full 67% of businesses surveyed believe that remote work is here to stay. All things considered, it is likely that even more businesses will come around to this mode of work. If not, they run the risk of losing key employees, as there is already talk of “the great resignation” – a term that has surfaced in which workers are quitting instead of returning to their physical offices.
You might think it’s odd that people moved during a pandemic, but many were interested in getting out of expensive cramped spaces in search of (literally) greener pastures. Your dollar can go much further in say, Cleveland, Ohio versus New York City or San Francisco.
This will likely lessen the modern wage gap – see more in the following visual deep dive on remote work and the modern wage gap below: