A robust broadband infrastructure is a compelling differentiator for economic development teams. Today’s business applications require high-speed connectivity including Internet access and services supported by a fiber network. As communities compete for these companies to locate facilities in their area, broadband infrastructure is a key consideration in the process.
High-speed internet access allows a community to attract and retain a talented labor pool within the area. A recent national study by Pew Research Center late last year found that roughly 80% of people seeking a job within the US are using online job search resources. Additionally, the same study showed that businesses that rely and/or heavily utilize internet access have growth rates of 1.5X to 2X compared to those that do not.
Digital workers are employees that work from home for themselves or a company and require services like high speed internet access and unified communications to carry out their jobs. They have a desire to live in an area that meets their quality of life while maintaining employment for a company that is located somewhere else. Broadband infrastructure is the key component for attracting and retaining these workers and the companies that employ them.
- On average, a Digital Worker is college-educated, 49 years old, and earns an annual salary of $58,000 while working for a company with more than 100 employees. 75% of employees who work from home earn over $65,000 per year, putting them in the upper 80th percentile of all employees, home or office-based
- 50% of the US workforce holds a job that is compatible with at least partial telework and approximately 20-25% of the workforce teleworks at some frequency.
Are you offering the types of broadband services that attract new companies and digital workers and drive economic development? Give us a call today; we’d love to discuss how we can help you.
Brandon Groteguth (812)-890-6695, firstname.lastname@example.org
Joey Broadway (870)-919-7064, email@example.com