It’s getting harder to find jobs that can be performed from home, but more and more companies are offering telecommuting options.
This is due to the fact that it is still difficult to get remote work in the US, there are fewer job openings available, and some of the remote positions that are still available are being outsourced to other countries.
Businesses are Sending Distant Jobs Abroad
The employment company Manpower Group, as of March, 13% of US job advertisements were remote, up from 4% before the pandemic but down from 17% in that same month in 2022.
Nick Bloom, a Stanford economist and renowned expert on remote work, predicted that the percentage of remote posts might reach 10% by the end of 2023.
According to Johnny Taylor Jr., CEO of the Virginia-based Society for Human Resource Management, he chose to outsource one employee’s position after they expressed interest in relocating and working remotely.
Taylor claimed that by choosing to outsource the job to India, he was able to reduce labor costs by about 40%.
Based on a Federal Reserve Bank of Atlanta study conducted in August, 7.3% of US senior managers said remote work was forcing them to relocate more positions abroad. More businesses may follow suit in the future.
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Remote Work Revolution May Increase Offshoring
That’s because the global remote operations revolution is still in its infancy and the pandemic made it challenging for businesses to go.
But, Bloom previously warned Insider that this might change in the years to come and cause a huge rise in outsourcing.
According to Bloom, between 10% and 20% of US service support occupations, such as software engineers, HR specialists, and payroll administrators, could be outsourced over the next ten years.
The tech sector has already felt the effects of it.
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