75% say they would consider relocating if remote work becomes permanent

Work relocation firm Caprelo has revealed the findings of a examine of remote employees, which embrace a desire amongst three in 4 respondents for with the ability to relocate, 59% of whom mentioned they’d consider leaving for a unique nation. 

Conducted in March 2021, the survey findings echo a lot of what was already recognized in regards to the state of remote work in the course of the pandemic and the probability that it’s going to proceed to a big diploma as soon as COVID-19-related restrictions are lifted. According to Caprelo’s numbers, 82% of workers have skilled some type of office change in the course of the pandemic, practically a 3rd have completely transitioned to full-time work that may final past the top of the pandemic, and eight.5% mentioned their employer has initiated a permanent transition to working remotely.

SEE: Wellness at work: How to assist your workforce’s psychological well being (free PDF) (TechRepublic)

In phrases of the way forward for employment, 65% of respondents mentioned they would be keen to take a pay lower if it meant working remotely in a location of their alternative, and it is not exhausting to see why: 57.7% say they desire remote work to working in-person (in contrast with 28.4% preferring in individual), and the identical proportion say working at house has made them extra productive, whereas solely 19.8% mentioned remote work has value them productiveness.

An overwhelming 87.4% mentioned that with the ability to work remotely would be part of their future employment choices, which mainly means one factor for employers: It’s time to start out contemplating remote work as an important perk when in search of new workers and making an attempt to retain present ones. 

Being remote does not essentially imply dwelling inside commuting distance of the workplace, which is one other factor that corporations might want to consider when in search of good candidates. With 75% contemplating relocation if post-pandemic remote work continues, really decentralized companies may grow to be, if not the norm, then on the very least anticipated by potential workers.

In phrases of causes to relocate for remote work, 64% say an reasonably priced value of dwelling is the first motive, whereas 51% mentioned local weather, 47% wish to be nearer to household, and 38% mentioned they wish to be someplace with higher entry to hobbies and pursuits. 

Only 40.7% say they would keep inside three hours of their present house, the remainder preferring to maneuver greater than three hours away (28%), transfer throughout the identical geographic area (16%), or transfer some other place on the earth solely (14.6%). 

SEE: COVID vaccination coverage (TechRepublic Premium)

Of these contemplating leaving their present geographic area, Europe leads the popular vacation spot, with 28.7% saying they would select to relocate there. Twenty-three % mentioned Asia would be their vacation spot of alternative and 18% say they would wish to relocate someplace in North America. 

International relocation, which 59% of remote employees mentioned they would be curious about, was primarily motivated by potential life experiences, a greater monetary state of affairs and publicity to new cultures. Nearly 60% of U.S.-based respondents mentioned they would be curious about transferring to a different nation, which Caprelo mentioned was a shocking statistic. 

As a closing notice to companies questioning about encouraging new candidates by offering the liberty to relocate, value help is already being offered by 48% of respondents’ employers, 31.5% of which entails hire help, 23% cowl transferring charges and 13.9% present house buy help. Despite practically half of companies serving to with relocation, it is not essentially anticipated: 68.8% of execs mentioned they would nonetheless consider a transfer with out employer relocation help.

Executive Briefing Newsletter

Discover the secrets and techniques to IT management success with these recommendations on challenge administration, budgets, and coping with day-to-day challenges.
Delivered Tuesdays and Thursdays

Sign up right this moment

Also see