Talent Market update: Remote working opportunities double in 2021

14 September 2021

Remote Working Opportunities

​Since 2020 Pentasia has experienced a 115% increase in remote opportunities. Despite the fact that restrictions are easing in many countries a return to the office is not advantageous for many companies.

A necessity in 2020, remote working has brought a flexible dynamic to business operations. Office space has become less important, with companies being able to expand beyond the limits of a traditional workspace, with out any additional rental costs. In fact a study performed by the IoD found that 74% of 1000 businesses planned on maintaining home working practices with half of those companies planning to decrease their long-term usage of workplaces.

Benefits to business

Productivity has also increased with the popular Ctrip experiment showing a direct increase of 13%. This was because employees took fewer sick days, shorter lunch breaks and worked more minutes per shift. According to Global Workplace Analytics a typical employer can save an average of £8,000 per half-time remote worker per year. This is due to increased productivity, lower real estate costs, reduced absenteeism and turnover, and better disaster preparedness.

Another benefit has been to talent sourcing, with location less of an issue the recruitment net can be cast wider, granting easier access to a deeper pool of top tier candidates. Even prior to pandemic restrictions, talent professionals had identified the importance of remote working options, with 72% agreeing flexibility would be very important in the future. That forecast has proved accurate.

Benefits to employees

The perks for employees are well known: substantial hours back in their day, enhanced flexibility and reduced commute ranking highest amongst them. Professionals on average spend an hour a day, and up to a fifth of their salary on commuting, with 56% suffering from increased stress as a result. It’s hardly surprising then, that the remote option has become so popular.

Indeed, the popularity of these positions has lead to the substantial boost in remote roles on offer; for the employee the chance to address their work/life balance, for companies a great way to break the status quo in the bidding wars iGaming is subject to.

However, remote workers are certainly not happy to be paid less than their commuter colleagues. A recent poll conducted by Pentasia Senior Recruitment Consultant Alex Francis concluded that 88% of professionals believe remote workers should be paid the same wage for the same role.

Tech leads the way

Tech in particular is an arena that fosters remote roles, with a 58% increase on 2020, already itself a year thick with remote opportunities. It is worth pointing out that the 2021 figures in this article have been taken from just the first 8 months of 2021 versus a whole years figures from 2020. With many more months ahead of us this figure will climb to even more impressive heights.

Combined these data points might indicate iGaming businesses are moving steadily towards a decentralised model of operations, but as we know remote work isn’t practical for everyone. The future is likely to lean towards a hybrid system, giving employees the choice to work from the office or home, in order to balance modern expectations with variable professional circumstances.

Companies able to offer a strong salary base along with flexibility and adaptability are likely to scoop up the best talent if goals and visions align.

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