One-in-five Irish office workers would move to a more affordable location if they could work remotely from home, new research suggests.
According to a new report by broadband firm Pure Telecom, 44pc of office workers believe remote working could help tackle rising housing costs in Ireland.
And one-in-five (19pc) would move to a more affordable location if they could work from home while one quarter (25pc) would consider it.
“People work to earn money – not so they can be put out of pocket”
While 13pc of office workers believe remote working could get them out of their current situation of paying rent/mortgages that they can’t afford.
Younger blood could be an economic boost for the regions
The survey, carried out by Censuswide on behalf of Pure Telecom, found younger generations are the most likely to move to a more affordable location if their – or their partner’s – job allowed for more flexibility.
Gen Zs (57pc) and Millennials (54pc) are the most likely to say they would move location, or consider it, if they were able to work remotely.
In total, the average office worker believes that when taking into account expenses such as travel, rent/mortgages and childcare, they would save more than €5K per year if they didn’t have to travel to the office every day. Just over one-in-10 office workers (11pc) said they would save an average of €25,152 per year.
“People work to earn money – not so they can be put out of pocket,” said Paul Connell, CEO and co-founder of Pure Telecom.
“But the fact is that many office workers, who could just as effectively carry out their jobs at home some or all of the time, are forced to come into the office every day. This has an impact on where they live and therefore the cost of housing, childcare and much more.
“When people are worried about money, it affects their personal and professional lives. Remote working could give workers the option to move away from high cost living areas and therefore reduce some of the stress associated with paying their bills every month.”
Connell suggested that as the National Broadband Plan is rolled out, more and more people and businesses will have access to high-speed broadband to facilitate remote working.
“Our research has found that 56pc of office workers believe they could work remotely more often without it negatively impacting their work. So, with the tools and technology available, it is time for Ireland’s businesses to get out of the old-fashioned way of thinking that everyone needs to be at their desks every day and do what is best for their employees and therefore their business,” Connell said.
Written by John Kennedy (firstname.lastname@example.org)
Published: 6 February, 2020