The Covid-19 quarantine, which required many employees to work from home has led the global workforce to the realization that we’re now working in a world that is one big office without walls, planet earth, the largest and least expensive workspace on the planet. For purposes of this article, we’ll focus on the US.
From a talent acquisition point of view, this is ‘the major milestone” in eliminating the competitive advantage of acquiring talent. This quarantine event begs the question of how necessary is it, that an employee must work in a centralized location to perform the job effectively and be a productive team member.
Over the last century, location mattered, it’s where we wanted to live or settle down with our families, where our kids attended grade school, and where we straddled the line between finding happiness and achieving a work/life balance. Many of us have relocated to different geographic areas to seek a better life, find affordability, enjoy ideal weather, and attend better schools. For most of us, these focal points were dependent upon where we landed a job opportunity.
We’ve hit the tipping point, the future of work moving forward has a new reality. This pandemic, for better or worse, has made it easier for employers to hire talent and has enabled talent to find work anywhere. It no longer matters where someone is physically located. Of course, there are always industry exceptions (eg. manufacturing and onsite healthcare), but in the corporate world, work just became a lot more flexible.
While remote working offers many cost-saving opportunities, it also poses challenges as we transition to a different model in which ‘local’ now means ‘nationwide’.