The Covid-19-driven shift to remote work has significantly weakened the link between geography and work as employers are increasingly likely to hire from outside their home markets.
Notable cities with significant growth in their share of national hires include Memphis, Tennessee, which saw a 52% increase, as well as Tampa, Florida , Colorado Springs, Colorado , Houston and Dallas . In rural areas, which previously accounted for only about a 0.81% of total hires on Gusto’s platform, that inched up to about 1.08%, or a 33% boost, even if the overall number remains low.
"[So], if you're located in New York, you're paying your people New York salaries, even if you're in Alabama. That can be a beautiful thing," Neill said."On the flip side, if you are looking for New York talent in Alabama, and you're paying Alabama prices, it's not going to find you the talent you need."
For example, the median pay for remote workers in technology is $104,129, compared to $76,755 for nonremote workers, according to Gusto.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Remote work is shaking up the hiring market. Here's who benefits. - Dallas Business JournalFor many companies, the rise of remote work has proven to be both a blessing and a curse on the hiring front. Here's who is benefiting the most from the trend.
Source: DallasBizNews - 🏆 525. / 51 Read more »
Remote work is shaking up the hiring market. Here's who benefits. - Silicon Valley Business JournalFor many companies, the rise of remote work has proven to be both a blessing and a curse on the hiring front. Here's who is benefiting the most from the trend.
Source: svbizjournal - 🏆 334. / 59 Read more »
Creation Equity hires Alexander Bez to lead Dallas office ahead of Texas expansion - Dallas Business JournalThe real estate firms recent appointments real estate firm will support plans to expand in to Texas and New York.
Source: DallasBizNews - 🏆 525. / 51 Read more »
Dallas-Fort Worth home affordability dropping: Here’s who's priced out - Dallas Business JournalHome affordability continues to drop in Dallas-Fort Worth, making the metro area an increasingly tough market to buy in for wage earners in all but a handful of occupations.
Source: DallasBizNews - 🏆 525. / 51 Read more »
Railroad union members reject tentative agreement as strike looms - Dallas Business JournalIAM District 19 was one of the first unions to reach a tentative agreement after an emergency mediation board appointed by President Joe Biden issued a report last month. Now, its members are the first to reject the deal and authorize a strike.
Source: DallasBizNews - 🏆 525. / 51 Read more »
Woods Capital's The Ivy set to bring office tower along North Central Expressway - Dallas Business JournalDallas-based Woods Capital Management has set a potential date to begin building a new office tower along U.S. 75 between McCommas Blvd. and Monticello Ave called 'The Ivy.'
Source: DallasBizNews - 🏆 525. / 51 Read more »