100,000 New UK Jobs in Tech Sector After COVID-19

More than 100,000 new UK jobs have been produced in tech since the start of the COVID-19 pandemic, according to numbers from the Office for National Statistics (ONS).

ONS data issued this week shows that information and communication roles have increased by 104,000 since April 2020, even as many other sectors of the economy proceed to struggle. There are now almost 1.6 million technology jobs in the UK.

Technology Companies

While in the past that progress in jobs might have meant getting more desks in the office, preceding events from Harvey Nash’s Tech Survey 2021 recommend that technology companies may need to dramatically scale back their office space given the growing hunger for foreign working behind COVID-19.

According to the tech recruiter, more than three-quarters (79%) of tech workers – the equivalent of over one million somebody working in the sector – want to continue working from home for the bulk of the week after the pandemic.

A study sample of 500 UK tech (UK Jobs) experts found that 95% needed to work from home 2-5 days a week. This contrasts with 42% of tech experts working 2-5 days a week from home before the pandemic.

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Meantime, more than a third (38%) of tech experts reported that home working through the pandemic had improved the distance they are ready to live from the office by ‘a little’ (12.59%) or ‘significantly’ (25.44%).

Many larger companies have indicated their intention to continue operating as a remote-first workplace behind the coronavirus pandemic, taking into question the role that traditional offices will play within new, hybrid-style workplaces.

For many firms, this will involve turning offices to prioritize meeting space and socializing. By way of case, Salesforce, which this month executed its new work-from-anywhere policy, plans to reconfigure its workplaces into studio-like centers with fewer tables and more collaboration and breakout areas.

HSBC Announced Plans

This week, banking giant HSBC announced plans to slash its office space by about half to cut costs, with CEO Noel Quinn reading that, like many businesses, HSBC had learned that staff “could be just as fruitful working from home as in the office.”

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However, the organization will hang onto its bases in London’s Canary Wharf. Quinn said that “the world of working in the office will change” to reflect more plastic ways of working.

“We recognize we’ll deliver it through a very various style of working post-COVID with a more independent model,” he added.

Like many major cities, the energy behind the long-term shift to remote work appears to be strong in the UK capital.

A survey of 400 senior decision-makers by global law firm Bird & Bird found that 78% of London firms expected remote working that has been adopted during the pandemic to continue for the foreseeable future.

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As a decision, three in five (60%) decision-makers say that they are now investing more in their corporate culture than they were 12 months ago, rising to almost 80% among technology and communications firms.

Past 12 Months

According to Harvey Nash, the time to remote working en masse over the past 12 months has led to work location and past working being recognized as among the top agents for job-hunters, for the first time – second only to pay.

With the equivalent of one million UK tech workers aiming to continue working the preponderance of the week from home post-pandemic, Harvey Nash decided this will not only have a large impact on tech office space and hubs, but will also make the world of more remote roles in positions such as cybersecurity, data analysis, software engineering, and AI and machine learning.

Bev White, chief executive of Harvey Nash Group, said: “The ONS numerals underline the strong health of tech amidst growing demand for digital and cloud-based resolutions and services in the COVID era. We don’t see any sign of this changing, and expect many thousands more jobs to be created in tech by the rest of this year and beyond.”

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