How Many Companies Are Fully Remote?
Let's break down how many companies are actually remote-only.
Sure, remote work is a rapidly accelerating trend. But how many companies have actually operate fully remote?
The Short Answer
For the past several years, similar studies have found that right around 16% of companies are fully remote. However, this is where things get interesting.
The amount of companies that hire fully remote has not increased much since around 2017. However, the number of companies that hire both in-person and remote has grown healthily.
Challenges of Going Exclusively Remote
Going fully remote is not as easy as it sounds, especially for larger and more established companies.
Plus, some companies just operate around an in-person business model.
Many in-person roles are more difficult to transition into remote or telecommute positions than others, and once a company has already established a campus in a particular location, it's easier to just go partially remote.
So Who Does Go Fully Remote?
Companies that do business primarily online, such as software companies, tend to smoothly transition fully remote.
This is especially the case for startups, which tend to be more versatile and often find that going fully remote is the most affordable option.
Besides, commercial real estate appears to be rising as quickly as it fell due to the COVID-19 pandemic, and bootstrapped startups might find that onboarding remote workers unlocks a global pool of talent at a lower cost.
Is your company fully remote? If so, great job! If not, that's ok too - after all, some businesses simply cannot perform certain operations remotely.