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Employees who move to cheaper locations to work permanently from
home are also likely to have more limited career prospects,
executive search firm Leathwaite said.
Forty-five percent of the 250 human resources executives who
took part in the survey said wages and bonuses should be
adjusted when people decide to work remotely in areas with a
lower cost of living.
People working from home would be competing against a much
bigger pool of potential rivals for their job, according to the
HR executives, who worked for major listed companies operating
in the United States, Britain and Asia.
"A characteristic of the modern workplace will be the increased
use of a more competitive, remote-based global talent pool,"
Andrew Wallace, managing partner at Leathwaite, said.
Two thirds of the executives surveyed also thought workers would
spend between two and three days a week in the office while only
8% predicted a return to five days a week.
Nearly 40% said the maximum number of workers in the office
would be half its previous capacity.
Britain's official statistics office said last week that 36% of
working adults were working exclusively from home with the
country back under lockdown restrictions.
A separate report published on Thursday by the Recruitment &
Employment Confederation showed that 28% of large businesses in
Britain were open to filling vacancies with people who did not
live close to the office.
A poll of workers commissioned by the REC also found that only
half felt British companies were doing a good job at recruiting
efficiently.
(Writing by William Schomberg, editing by David Milliken)
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