Some of Britain's biggest companies are planning to have 50% - 60% of their staff working flexibly permanently even after the CoVid-19 crisis passes.

If this is true for the U.K., it's also likely to happen in other countries.

That would mean that around 13,000 staff from Price Waterhouse alone could work some days from home and some days from in its London offices.

Most of the big finance houses are drawing up similarly plans to shift to permanently increased home working.

Companies such as HSBC, Barclays, JP Morgan and even the London Stock Exchange are also looking at making similar changes.

The same thing is either happening or about to occur in cities everywhere.

 

What do you think will happen with this change?

 

 All apart from changing the look and feel of city centres, it probably also means that loads of pubs, shops and service businesses will close or have to lose some of their staff.

 But I think the real danger here is that if people are working from home, they can work from anywhere, so what is to stop big corporations hiring home workers from FAR CHEAPER locations around the world to do the same job?

 If you think that isn't the case ask yourself which freelancer you hired when it came to creating that digital ebook cover you needed for your sales page, create that landing page or build that Amazon site you needed?

 Was it some expensive outsourcer from London or New York?

 Or was it some highly-qualified graduate from the Philippines or China who did the work for half the price, spoke several languages and was equally as skilled?

 

 The market decides who gets hired, not ethics.

 

 Sadly, business is about looking after the bottom line, not looking after workers.

 I don't enjoy scaremongering, but I DO think you need to be informed and prepare for any eventuality.

 Because if you can do your job remotely, so could someone else.

 It's always best to make plans while you still have choices.

Regards,

Brent.

P.S.  Now is not the time to say "It won't happen to me, I'm too valuable" because I have said that in the past and discovered that they'd get rid of you regardless of the cost to the company if they chose to.

In one case it cost the company I worked for over $8,000 per month to fire me, they still did.

Fortunately, I had skills that I was able to leverage and keep an income coming in, but it could have been devastating.

Now I'm retired, and I generate an income from the Internet, so I don't have the risk of losing a job to contend with.

I do have the risk to the economy of this shut-down to deal with, which is why I keep building my online business.

There is an old proverb which says "Dig your well before you thirst" which I took to heart many years ago.

The simplest way to get started with generating an online income is through affiliate marketing, this is when you don't have a product to sell, so you sell someone else's product for a commission.

The best place to find great products in many niches is Clickbank, the best training on how to set up and operate an affiliate business is here.

 
  Brent Milne
12 Torrens St
Happy Valley
South Australia

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