The total number of telecommuting positions in high-income economies is about 160 million. On the other hand, the number of employees who can work remotely in low- and middle-income economies is about 330 million.
Pthe survey also states that French companies will save 7% of labor costs, even if only one in four jobs are filled by teleworkers.
For developing countries, virtual offshoring can become a pillar of development. Southeast Asia stands out as a region with great potential for development in this direction, especially in India and Indonesia, as well as other large emerging economies such as Brazil and Poland.
istock
–
On the other hand, as a result of the pandemic, almost 40% of Europe’s workforce worked remotely during the first lockdown in the second quarter of 2020.
Propose legal changes to work from home
Favorably surprised by the productivity of their employees, companies are increasingly embracing the idea of partially globalized virtual offshoring. In the United States, the proportion of organizations wishing to hire full-time teleworkers from abroad has risen to 36 percent from 12 percent before the pandemic.
“We should not think that virtually all jobs can be offshore. Many tasks require a partial presence on site, personal contact with clients or a good knowledge of the local culture. However, Bulgaria is increasingly attracting companies that use the local workforce in cyberspace. I believe that this is a trend that will continue to grow, “said Plamen Dimitrov, CEO of Coface Bulgaria.
istock
–
Despite the undeniable positives that virtual offshoring brings, it can become a source of political risk. The pressure of global competition can provoke economic anxiety among highly educated employees, fueling political polarization.
While China and Russia would in theory be ideal virtual offshore destinations, growing geopolitical tensions and cybersecurity issues with the West would be a major obstacle.
For more financial news and other useful tips on your personal finances, you can follow us at Facebookso as not to miss anything interesting from Pariteni.bg
– .
