Longer term issues of remote working
Millions of employees across the world are now working remotely. As the pandemic evolves, how are companies considering the issues around the different ways of working. AIRINC's Jeff Hawk recently contributed to a the Canadian Employee Relocation Council (CERC) publication, "Managing Global Workforce: Perspectives" to debate the long term issues for out-of-the-office work.
Compensation
A critical issue is determining whether remote workers will be compensated differently to office-based workers.
AIRINC's recent Pulse Survey: Geographic Differentials in the US looked in detail at these issues. From this survey two key approaches are:
- A national salary structure, in which pay is treated the same with no relation to location
- The application of a method to differentiate pay across locations by cost of labor or cost of living differences
Looking at some key statistics:
- 34 per cent have national compensation scales in place.
- 60 per cent of those companies would be maintaining them for remote work policies.
Remote Work Policies
AIRINC reports that already 34 per cent of companies have remote work policies in place while 32 per cent do not but are working on them.
There are also important issues to be considered around the retention of employees. How will these remote work guidelines and compensation strategies impact the retention of current employees and the recruitment of new employees?
