Remote work & future trends in tech recruiting

Whilst there is seemingly negative news on the job front in the tech sector, how this breaks down across varying job roles needs to be examined alongside a comparison of tech startups vs big players; the recruitment trends are not the same across the board. Can we utilize smart recruitment solutions such as nearshore augmentation to navigate this market? Are remote working options an answer to fulfilling talent requirements in the current working landscape? Let’s look at the future trends in tech recruiting.

Productivity in remote working scenarios

Some of the arguments and resistance to remote working have centered around productivity.

The tech sector is a data-driven space so the best way to assess productivity is to look at the numbers. In a comprehensive survey of remote working in 2021, the evidence and outcomes were clear on remote workers experience on productivity away from the office:

 •Were 47% more productive

• Spent 10 minutes less per day being unproductive

• Worked one more day a week

Forbes: What's the Future of remote work in 2023

Alongside the evidence of productivity increase there is also an argument that remote working has a pay off in terms of retaining talent..

“Employees are choosing to work remotely when given the option, and those who do report higher job satisfaction.”

Communication Technology and Inclusion Will Shape the Future of Remote Work

Cutting overheads not people

We have all changed the way we work since the pandemic and online meeting platforms plus improved remote working technology has meant there is scope to keep costs down for tech startups by decreasing office space. Flexible offices and co working spaces enable startups to to decrease unnecessary overheads and direct funding to exceptional talent that will drive their business forward. Innovation, problem solving and critical thinking evolve and develop tech startups so it makes sense to give your best talent remote working options. This solution both attracts people that will progress the business and reduces real estate costs.

Tech startups could therefore use remote working as a path to growth.

The true cost of recruitment

With the average company in the US spending $4000 on hiring a new employee and the time to hire taking up to 52 days, these are numbers tech startups simply can’t afford. If you have invested this amount of time and money, then the numbers have to yield a return. Can you be sure that an investment on this level will pay off?. There are tangible talent metrics that have to be measured when budgets and spend are tight. Another potential future recruitment trend is nearshore staff augmentation. It solves the cost implication of delays in time to hire and gives tech startups the opportunity to utilize resources at key project milestones without committing to long term contracts.

Whilst the news for the big hitters in tech seems negative with layoffs at Amazon, Meta and Twitter, here’s where we need to drill down into the news feed. It is not as simplistic as seeing tech layoffs across the board as not every role is being axed.

Is there a payoff for startups in that they can scoop up some of the experienced talent being laid off by big tech and bring them in?

If we see challenges as opportunities they can change the way we approach tech recruitment.