Can Remote Workers Reverse Brain Drain?

Published On Oct 16, 2024, 5:03 AM

Researchers studied the effectiveness of Tulsa, Oklahoma's initiative to attract remote workers, implemented during the pandemic. The 'Tulsa Remote' program, which offers $10,000 to remote workers who relocate, has drawn around 3,300 participants over five years. The study revealed that those who moved saved about $25,000 annually in housing costs and contributed significantly to the local economy, providing an estimated $14.9 million in income tax and $5.8 million in sales taxes. This program is seen as a successful strategy to counteract the brain drain faced by cities amidst increasing remote work opportunities.