Remote working and the Job market

Remote working, also known as telecommuting, refers to the ability to work from a location outside of the office, typically using technology such as a computer and internet connection. Remote working can take many forms, such as working from home, a coffee shop, or a co-working space, and can be done on a full-time or part-time basis.

Remote work can increase employee productivity and job satisfaction. It can also offer flexibility and cost savings for both employees and employers. Additionally, it can also help in reducing traffic congestion and carbon footprint.

The rate of remote working can vary widely depending on the country, industry, and company. In the United States, for example, the rate of remote working has been steadily increasing in recent years, with an estimated 24% of the workforce working from home at least part of the time as of 2021. In some industries, such as technology and finance, remote working is more common, with some companies reporting that a majority of their employees work remotely at least part of the time. In other industries, such as retail and hospitality, remote working is less common.

Many companies have adopted remote work as a permanent option, which has created a demand for roles that can be performed remotely. This has also led to an increase in job opportunities for individuals who can work from home, or from anywhere with an internet connection. Some of the most in-demand remote work jobs include software development, customer service, virtual teaching, and digital marketing. Additionally, the rise of remote work has also created opportunities for self-employed individuals and freelancers who can offer their services to companies on a contract basis. Remote work has also increased the potential for job seekers to find opportunities in different countries and has allowed for a more geographically dispersed job market.

Remote work has become increasingly popular in Singapore in recent years, due to advancements in technology and the flexibility it offers to both employers and employees. The government of Singapore has been encouraging remote work as a way to promote work-life balance and reduce traffic congestion. Many companies in Singapore offer flexible working arrangements, including remote work options, to their employees.

In Singapore, it is estimated that about 40% of the workforce is eligible for remote working and about 20% of the workforce is working remotely. With the COVID-19 pandemic, the number of remote workers increased at a fast rate, as many companies had to adapt to the new situation and many of them decided to continue with remote working even after the pandemic.

Offshore remote hiring offers benefits such as access to a larger pool of talent, reduced labor costs, and increased flexibility. However, it also comes with its own set of challenges, such as differences in time zones, language barriers, and cultural differences.

When considering offshore remote hiring, it is important for companies to carefully consider the potential risks and benefits, and have a clear plan in place for managing remote teams, including clear communication and collaboration tools. Salaries for offshore remote hiring can vary widely depending on the country, the industry, and the skills of the individual. One of the employers from Singapore admits that "With remote work, our employees have more flexibility and work-life balance, leading to lower turnover rates." While others argue the downside of remote working, "Remote work presents challenges such as decreased face-to-face interaction, difficulties in communication, technical difficulties, and decreased opportunities for professional growth, as well as potential impacts on mental well-being, distractions, and productivity tracking."

While those arguments may seem reasonable to a certain degree. They aren’t without solutions. "With remote work, our employees have more flexibility and work-life balance, leading to lower turnover rates.” "Remote work has allowed us to cut down on overhead costs, such as office space and equipment." "We have been able to attract top-tier talent who may not have considered working for our company otherwise, due to their location." Those are the kind of statements we frequently hear from our very clients.

Hiring remotely has never been easier with our innovative firm, Crossworks! Our experienced team of recruiters makes it possible to connect with top talent from Myanmar. With our remote hiring process, you can access a wider pool of candidates, save on time and resources, and enjoy a streamlined, efficient hiring experience. Let us help you find your next star performer from Myanmar. We provide our remote employees with the necessary resources and support to enable them to work effectively from anywhere.

If you are interested in more of our services from Crossworks, please visit our website www.crossworks.info. If you are a local Myanmar talent who is keen to work with the international organization, drop your CV at hello@crossworks.info and our recruitment will be in touch with you.