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Tech Workers Are Moving, Willing To Take Pay Cut To WFH: Report

Mark Haranas

Are tech workers willing to take a pay cut to work from home remotely? How many have already relocated? Will WFH improve diversity in the IT industry? A new report from Indeed surveying more than 600 IT professional sheds a light on these questions and many more.

60% Are Planning To Search For A New Job

For IT professionals, the COVID-19 pandemic has not put their careers on hold. Sixty percent of tech workers said they plan to look for a new job within the next 12 months.

However, their reasons for seeking new jobs varied. About half of IT professionals are looking for a better salary. Fears about layoffs and furloughs ahead is also lingering in people’s minds. Approximately 44 percent of respondents cite potential layoffs as reasons for searching for a new job, while 38 percent are fearing furloughs.

With the U.S. entering another surge of COVID-19, IT workers across all sectors are bracing for what might come ahead. Of the roughly 40 percent of workers planning to stay at their job, 37 percent are determining family needs before making a job change. Those planning to remain in their jobs are riding things out due to economic uncertainty and want to see how their employer emerges from the pandemic, according to the report.

 

 
Mark Haranas

Mark Haranas is an assistant news editor and longtime journalist now covering cloud, multicloud, software, SaaS and channel partners at CRN. He speaks with world-renown CEOs and IT experts as well as covering breaking news and live events while also managing several CRN reporters. He can be reached at mharanas@thechannelcompany.com.

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