Debunked: Remote Roles Are Not Easier to Fill Anymore
It's looking more like the good old days to in-person work advocates
Since work-from-home became more than a short-term pandemic solution, companies have started incorporating remote positions in their workforce planning in an attempt to attract and retain talent, like Revelio Labs recently wrote about here.
A popular opinion has even emerged that it has become much harder to fill in-person positions. However, when we investigate this claim, we see that while that was previously true, in-person jobs are now increasingly easier to fill.
While it took longer to fill in-person positions during the latter half of 2021 and into the beginning of 2022, the trend completely reversed in March 2022, as in-person positions became easier to fill.
But is this trend just driven by the return to the office, and subsequent hiring of positions which could not have been performed remotely? By looking at tech-related jobs specifically (a generally remote-able workforce), we can see that the pattern persists.
Remote tech roles saw consistently higher demand throughout the pandemic, but now in-person roles appear to be easier to fill, especially since the stock market decline.
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So what is driving this reversal for remote and in-person jobs? One reason could be compensation related. While salaries for remote roles have increased since the fall of 2021, more recently Revelio Labs is seeing an increase in in-person salaries.
Another reason for this reversal could be related to a decrease in demand. Overall, demand for tech roles has decreased dramatically since March 2022, reflecting the economic slowdown and lay-offs at many companies now having to adjust their workforce planning. And this may be in part responsible for reducing the time it takes to fill in-person roles. But this answer is still not entirely satisfying for remote positions. When taking this decrease in demand and higher salaries into account, it’s unclear why this trend is not also true for remote jobs. One theory could be that these remote tech roles are more specialized and therefore harder to fill.
- While remote jobs have been easier to fill in the latter part of the pandemic until early this year, it is now easier to fill in-person jobs.
- This trend is not solely driven by the return to the office, as tech-related jobs (a generally remote-able workforce), also appear to be filling in-person roles faster.
- The sudden increase in time-to-fill for remote tech positions is puzzling, since we actually see decreased demand for these roles and continued rise in salaries.