What an unparalleled year it has been for the workplace. So many people had their first chance of relative flexible freedom with remote work that there is a Great Resignation effect happening in the world. Many would rather quit versus go back to the office. Others, rather than sheltering in job and settling are moving to greener pastures – some by literally moving to other areas. If you can keep a job and keep it remote, why not live where you want to live, cut out a bunch of expenses and commute time?
The value of a dollar becomes interesting if you trade up let’s say San Francisco for Tulsa. That said, it depends on working the efficiencies of scale with remote work. We live in a society of meritocracy and performance culture, so many employers are happy to embrace the work from home trend – or at least a flexible work arrangement.
Want to learn more about remote work and the wage gap? Check out the visuals below for more information: