In the pandemic era, many things have changed and companies have started creating satellite and remote offices to support the “work from anywhere ” policy. This policy will help people to stay in their home town and work at their convenience ending their relocation to large metro cities. It is a win-win situation for both the workers and companies. The workers save a huge amount of money in terms of rent and transportation and companies save money paying them for relocation and on other employee welfare expenses.
This also gives chances for the talents in the remote cities of India. Companies choosing talent based on skills will employ people irrespective of their location. This will make the talent to make money from his village and spend in that village boosting the local economy.
Consider if a village has 200 youth employed remotely by individual companies paying them a good salary. When these youth receives and spend their money on their daily needs in that village, the money is circulated in that village creating a micro economical boost. So, when the money is circulated by those 200 youth in that village, it will create a local economic ecosystem.
This local economic ecosystem will help to up bring the social status of the individuals. All companies should incorporate these models to develop the micro-economic of the nation.
Although, In the digital era, running an office remotely is 100% possible, thanks to the internet and digital platforms like zoom and Gmail. People now get to spend valuable time with their family and save a lot of time commuting. When we develop systems to control the migration of people from the village to the city. It improves the local economy of the country.
Companies like corporate 360 and ZOHO are the best example of this system. They have already implemented a ” work from anywhere” policy. By pooling in talented individuals from the remote area of the states, train them and reward suitable jobs. They have worked on this model and proved it to be a success. After the second wave of the COVID-19, there are few more companies following this policy. Bringing qualified employees from tier 2 cities to bridge the talent gap. According to a leading talent acquisition firm, there is a 30 % to 40% growth in acquiring people from tier 2 locations.
When this happens on a larger scale, it won’t be necessary for people to move into city for a better life. This, in turn, makes each location prosper and the country develops equally. When agriculture took a downfall there was a huge migration to cities. These migration cause crowded cities and inflation in the cost of living. Now, by implementing this policy, there will be a reverse migration.
The reverse migration of talents will attract companies to start satellite at various locations. And, this will sustain the local economy and develop the nation on a large scale.
