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Wealth of Geeks
A recent MBO study found up to 72 million adult Americans want to become "digital nomads," pairing typical remote work arrangements with frequent travel, within the next 2-3 years. That's a staggering 30.6% of all adult Americans, a remarkable figure that foresees massive lifestyle and "workstyle" shifts on the horizon.
Your coworkers dream of ditching the office for a lounge chair on a tropical beach, fruity cocktail in hand. But how many are actually planning to go through with it?
With the number of digital nomads surging 131% since 2019 and jobs conducive to the digital nomad lifestyle on the rise, supporting the remote work lifestyle has become big business. Companies catering to this new shift are finding huge success, especially with Gen Z and Millenials, offering amenities you won't believe by combining remote work and travel.
Workations Get a Little Longer
As plenty of high-profile companies are recalling remote employees to the office, many workers are willing to make big changes to keep their newfound flexibility. Owl Labs recently found that more than half of remote workers say they would take a pay cut to maintain their flexible work arrangement.
Flexibility isn't the only benefit of remote work: working from home saves employees an estimated $19.11 each day they don't go into the office. It's also tied to work-positive outcomes, with 62% of workers reporting feeling more productive when working remotely than when working from the office.
The ability to travel while working is a part of the flexibility remote workers aren't looking to give up. Swapping the work-from-home lifestyle with the work-from-anywhere lifestyle is tied to significantly higher work and lifestyle satisfaction, with MBO's study finding that 81% of digital nomads are highly satisfied with their work and lifestyle, as opposed to just 68% of others reporting high satisfaction.
Pairing remote work with travel has led to the rise of the "workation," a working vacation that means spending a few hours behind the computer while exploring new destinations at the end of a work day.
The most popular destination for a potential "workation"? It's further from home than you might think.