Today, many companies are offering fully remote or hybrid work career opportunities.
However, from the recent study, it is obvious not all industry can offer the same amount of flexible work arrangement, some industry has more percentage of remote workers working from home.
Regardless, some industry will not be able to work entirely from home and will still require the workforce to be working physically in the workplace.
Best Industry For Remote Work Business Models
Exploring the various remote career opportunities, let’s take a peek into the future of remote work opportunities in the top industries.
Here, we’ll understand which industry can transform into remote and hybrid work business model and which industry find it hard to transform into a flexible business with remote employees.
1. Computer and Mathematical Occupations
Share of Remote Jobs: 100%
Insights: The tech realm leads the remote work revolution, with computer and mathematical occupations claiming the top spot. From software development to data analysis, these roles epitomize the essence of effective remote collaboration.
2. Education, Training, and Library Occupations
Share of Remote Jobs: 98%
Insights: The field of education embraces remote work, especially in roles involving curriculum development, online teaching, and educational technology. Virtual classrooms and digital learning platforms have become integral components of the educational landscape.
3. Legal Occupations
Share of Remote Jobs: 97%
Insights: Legal professionals are navigating the virtual realm, handling research, document preparation, and client consultations from remote locations. The legal sector demonstrates adaptability, proving that the courtroom isn’t the only place where justice is served.
4. Business and Financial Operations Occupations
Share of Remote Jobs: 88%
Insights: Finance and business operations seamlessly extend into the virtual domain. Roles such as financial analysis, consulting, and project management showcase the compatibility of financial responsibilities with remote work.
5. Management Occupations
Share of Remote Jobs: 87%
Insights: The essence of effective leadership transcends physical boundaries. Remote management roles highlight the significance of strategic planning, team coordination, and decision-making, all achievable in a virtual setting.
6. Arts, Design, Entertainment, Sports, and Media Occupations
Share of Remote Jobs: 76%
Insights: Creativity knows no bounds, and neither does remote work in the arts and media industry. From graphic design to content creation, professionals in this field contribute their talents to global projects without leaving their creative sanctuaries.
7. Office and Administrative Support Occupations
Share of Remote Jobs: 65%
Insights: Administrative roles have embraced remote work, with virtual assistants, data entry specialists, and customer service representatives seamlessly managing tasks from the comfort of their home offices.
8. Architecture and Engineering Occupations
Share of Remote Jobs: 61%
Insights: Even in the world of architectural and engineering pursuits, remote work has found its niche. Designing, planning, and collaborating on projects can now be accomplished without physical proximity.
9. Life, Physical, and Social Science Occupations
Share of Remote Jobs: 54%
Insights: Science embraces the virtual realm, with professionals in research, data analysis, and scientific communication contributing to advancements from the convenience of their home laboratories.
10. Community and Social Service Occupations
Share of Remote Jobs: 37%
Insights: Social service professionals find avenues for remote engagement, offering counseling, support, and community services virtually. Remote work enables them to reach diverse populations in need.
11. Sales and Related Occupations
Share of Remote Jobs: 28%
Insights: Sales professionals leverage digital platforms to connect with clients, promote products, and drive business growth. The art of persuasion extends seamlessly into the virtual landscape.
12. Other Services (except Public Administration)
Share of Remote Jobs: 31%
Insights: Diverse service-oriented roles, from consulting to personal coaching, find their place in the remote work spectrum. Professionals in these roles provide specialized services with the flexibility of working remotely.
13. Administrative and Support and Waste Management and Remediation Services
Share of Remote Jobs: 31%
Insights: Administrative and support services extend their reach into the remote realm, encompassing tasks related to office management, virtual assistance, and waste management planning.
14. Arts, Entertainment, and Recreation
Share of Remote Jobs: 30%
Insights: The world of arts, entertainment, and recreation has embraced remote work for roles involving event planning, marketing, and content creation. The show goes on, even if the stage is virtual.
15. Mining, Quarrying, and Oil and Gas Extraction
Share of Remote Jobs: 25%
Insights: Even within industries traditionally associated with physical presence, remote work has carved a space. Remote opportunities in data analysis, research, and planning emerge in unexpected sectors.
16. Health Care and Social Assistance
Share of Remote Jobs: 25%
Insights: Remote work extends its reach to healthcare and social assistance, with roles in telemedicine, administrative support, and virtual patient care becoming integral parts of the industry.
17. Manufacturing
Share of Remote Jobs: 22%
Insights: The manufacturing sector explores remote work possibilities in areas like production planning, logistics coordination, and quality control. Virtual collaboration is reshaping the traditional manufacturing landscape.
18. Transportation and Warehousing
Share of Remote Jobs: 19%
Insights: Even within the realm of transportation and warehousing, remote work finds its place in areas such as logistics planning, inventory management, and transportation coordination.
19. Construction
Share of Remote Jobs: 19%
Insights: The construction industry adopts remote work for tasks like project planning, design, and administrative support. Digital tools enhance collaboration among construction professionals.
20. Retail Trade
Share of Remote Jobs: 14%
Insights: Retail trade explores remote work possibilities in areas like online sales, e-commerce management, and digital marketing. The traditional brick-and-mortar model expands into the digital marketplace.
21. Agriculture, Forestry, Fishing and Hunting
Share of Remote Jobs: 8%
Insights: Even in agriculture and related sectors, remote work plays a role in areas like data analysis, research, and administrative support. Technology integrates with traditional practices.
22. Accommodation and Food Services
Share of Remote Jobs: 4%
Insights: While traditionally reliant on physical presence, accommodation, and food services find remote opportunities in areas like online reservations, digital marketing, and administrative support.
Salary and Wages Will be Key to Attracting Remote Workers
As the professional landscape undergoes a transformative shift towards remote work, salary and wages will become key for attracting top-tier talents.
1. Global Talent Pool Dynamic
Remote work dismantles geographical barriers, opening the floodgates to a global talent pool. Companies are no longer confined to hiring talent within a specific city or region.
- Companies can hire any talent from any countries or cities leading to an increase of talent to choose from.
- Job seekers can access to any remote company giving them more options to choose from.
As a result, the competition for skilled professionals intensifies, prompting organizations to reassess and elevate their salary offerings to stand out in the global talent marketplace.
Example: The Tech Industry
- Global Talent Sourcing: Tech companies, in particular, are tapping into talent worldwide. To attract top-notch developers or engineers, competitive salaries are non-negotiable. Companies offering lucrative remote positions gain a distinct advantage in securing top talent.
2. Retention and Job Satisfaction
As work goes fully remote, physical office perks will become obsoleted, salary and benefits become paramount for employee retention.
Remote workers value their work-life balance, and a competitive salary contributes significantly to overall job satisfaction.
Organizations recognizing this invest in robust compensation packages to foster a sense of value and commitment among their remote workforce.
Example: Flexible Benefits
- Beyond Salary: Some companies go beyond the base salary, offering flexible benefits such as wellness programs, educational stipends, or even remote office allowances. These additional perks contribute to the overall satisfaction of remote employees.
3. Cost of Living Considerations
Remote work allows employees to choose where they reside, leading to diverse living costs based on location.
Savvy employers acknowledge these discrepancies and adjust salaries accordingly. A competitive salary, reflective of the employee’s cost of living, not only attracts top talent but also promotes a fair and equitable work environment.
Example: Location-Based Salaries
- Fair Compensation: Companies like Twitter and Facebook have adopted location-based compensation models. An employee working in a high-cost city receives a higher salary compared to a colleague in a region with a lower cost of living.
4. Evolving Industry Standards
Industries are witnessing a paradigm shift in defining standards for remote work compensation.
As more companies embrace the virtual work model, industry benchmarks are being recalibrated.
To stay competitive and relevant, organizations are compelled to align their salary structures with the evolving norms of remote work.
Example: Legal and Compliance Roles
- Industry Adaptation: Professions requiring legal and compliance expertise are adapting to remote work. To attract skilled professionals in these fields, companies are adjusting salaries to match the expectations set by the emerging standards in the remote work landscape.
5. A Catalyst for Employee Productivity
Investing in competitive salaries is not just an expense; it’s an investment in productivity.
Remote workers, when adequately compensated, are more likely to be motivated, focused, and committed.
The correlation between a well-compensated workforce and heightened productivity becomes a compelling reason for companies to prioritize competitive salary structures.
Example: Employee Recognition
- Acknowledging Contributions: Companies that recognize the correlation between employee compensation and productivity often implement transparent recognition programs. Acknowledging exceptional performance through bonuses or salary increments reinforces a culture of excellence.
Rise of Full-Time Remote Jobs
Remote job will continue to become more popular; the data reveals a massive shift toward embracing remote work, highlighting the adaptability of various occupations and industries to the virtual environment.
Number of remote jobs will become increasingly more common to more industry, whether you’re a tech enthusiast, an artist, a healthcare professional, or involved in manufacturing, the remote work will become a norm in the future.
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