Indeed.com hosted Indeed Interactive last week. But, there was one very notable difference: it was held online. The conference not only talked about employment over the last year, but it mirrored many of our experiences.
By video, Indeed’s labor economists Pawel Adrjan and Daniel Culbertson gave their predictions for the future of work. They focused on work from home, sharing that, over the last year many people have gone through a work from home experiment.
Job postings on Indeed.com with some mention of working from home has continued to grow, even beyond the worst parts of the pandemic. In fact, there was a rise in postings that mention remote work between Q4 of 2020, and Q1 of 2021. From early 2020 to now, job postings mentioning work from home have more than tripled.
On the employee side, job seeker interest in remote work remains high. Indeed is able to measure the interest in remote work by the searches on their site. From early 2020 to now, job seeker searches for remote work have more than doubled.
What happens after the COVID pandemic is over? Indeed looked in areas where cases of COVID have been low, and economies have reopened. They found that interest in remote work remained high, even after an economic recovery. They believe this represents a shift in long term preferences. Job seekers will continue to demand remote work, even after the completion of the pandemic.
But, do employers intend for work from home to be permanent or temporary? Indeed found that in the UK, 61 percent of remote job postings were listed as temporarily remote. Companies expect employees to eventually come in person. This also means that 39 percent of jobs posted as remote will be permanently remote. This is an increase from pre-pandemic. In other words, we have realized that remote work is sustainable long term.
Gayle King also interviewed actor Matthew McConaughey about his career. He shared the challenge of pivoting careers, and going all in when you’re trying something new.
McConaughey also shared that your “life is your resume.” There is no one defining moment. You are all of the pieces of your combined experience. And, he felt the pandemic has brought him closer to the things in life that are most important to him.
McConaughey is now able participate in video meetings in three countries in the morning, and then have lunch with his wife and children at his home in Texas. Remote work has created a new culture. It is no longer rude to have a video call. It’s a necessity. And, this necessity has allowed him to prioritize the things that are truly the most important to him.
The takeaway for hiring managers is this. In order to remain competitive, you must consider flexible work environments. Remote work will be more prevalent and will remain attractive to job seekers. This flexibly is what you’re now competing against.