CFOs Plan to Permanently Shift Significant Numbers of Employees to Work Remotely (Forbes)

Forbes on a Gartner survey of CFOs planning to keep more employees remote after COVID-19.

Why it was kept

The passages Kyle kept, tagged Remote Work: Gartner’s survey of 317 finance leaders, nearly three out of four of whom planned to move at least 5% of office staff to full-time remote work; CFOs being able to tap different labor markets if they don’t need to hire into a central office; and CFOs still learning which functions can go remote.

As Kyle captured it

• Read “CFOs Plan To Permanently Shift Significant Numbers Of Employees To Work Remotely — Survey” - Remote Work
  • **Nearly three out of four finance leaders surveyed earlier this week by Gartner, a research and advisory firm, said they plan to move at least 5% of their workforce that had previously reported to an office to a full-time, remote schedule. **Gartner interviewed 317 finance leaders, including more than 200 CFOs, from companies that ranged between about $500 million and $50 billion in annual revenue, with as many as 100,000 employees.
  • One crucial implication of maintaining more remote workers is that “CFOs can take advantage of different labor markets if they don’t need to hire staff into their central office,” Bant said. “It could be offshore or other domestic markets. It gives them access to skilled workers in new locations that they wouldn’t have considered in the past.”
    • …Yeah. This is what everyone has been saying for a while.
  • McDonald added that CFOs are still learning what departments and functions in their companies can make the transition to Remote Work, for both the short-term and permanent. “It might be too soon to make those predictions,” McDonald said. “What I would say is that I’m very impressed at how companies I am dealing with quickly adapted to this health crisis.”