Largest Remote Work Program in US

largest remote work program in us

Tulsa Remote, the largest remote work incentive program in the U.S., announced today that it has recruited and relocated more than 2,000 remote workers to the city of Tulsa, Oklahoma.

Tulsa Remote was launched in 2018 by the George Kaiser Family Foundation with the goal of attracting and retaining highly skilled young professionals away from major coastal cities and business hubs like New York and San Francisco. The previous trend, of workers from around the country relocating to the coasts, was endangering the heartland's ability to develop technology, innovation, and entrepreneurial sectors – a brain drain that was ruinous for economic development

"The economic and social impact of the Tulsa Remote program is remarkable," says Prithwiraj (Raj) Choudhury, Associate Professor of Business Administration at Harvard Business School. "Tulsa Remote is creating opportunities not only for the city of Tulsa but is also setting an example for many other heartland cities. Tulsa Remote provides a playbook for how to engage participants and create value for the community in the heartland." 

The Tulsa Remote program offers a $10,000 stipend to participants willing to relocate for at least one year, access to a free co-working space at 36 Degrees North –Tulsa's basecamp for entrepreneurs, startups, and innovators–housing assistance, and an engaged community with built-in programming, events, and meetups to help new Tulsans thrive in their new hometown.

When it launched, Tulsa Remote saw the program as an experiment that might stay at modest scale – but it received 10,000 applicants in the first year and more than double that in 2021 which far exceeded expectations. A recently conducted third-party impact report from The Economic Impact Group found that the program added $62 million in new local earnings in 2021 alone — $51.3 million directly attributable to relocated remote workers and $10.7 million from the employment boost generated in the local economy.

"We have had the distinct pleasure of watching Tulsa's recent growth and each and every Tulsa Remote member brings something new to our already vibrant community," says Justin Harlan, Tulsa Remote's Managing Director. "This is an incredible milestone for our program and for Tulsa, and we are grateful for the 2,000 remote workers who took a chance on our program and a chance on Tulsa. We can't wait to see how they continue to contribute, grow and thrive here."

Today the program has over 2,000 members–with the largest referral markets being Dallas, Los Angeles, Austin, and New York–and encompasses sectors including tech, finance, and communications. According to a recent Brookings report, the program has built a diverse community with people from all backgrounds who are likely to stay in Tulsa long-term, more likely to be actively engaged in the local community, and are experiencing higher real income growth. As a matter of fact, Tulsa Remoters showed an increase in their real income that was $26.5k/year larger than that of accepted applicants that have yet to move, even though these groups had similar 2018 income.

The city's growth extends beyond the record-breaking influx of workers. Tulsa is getting back to its roots with attractions like the new Bob Dylan Center and the Woodie Guthrie Center. In a nod to a troubling racial history, the city has been rebuilding the iconic Black Wall Street by launching programs designed to support Black and minority founders and entrepreneurs. TechStars, an international accelerator program, launched its first ever cohort specifically for Black and brown founders in partnership with Build in Tulsa, an initiative also funded by the George Kaiser Family Foundation. The foundation also launched an incubator, Tulsa Innovation Labs, which garnered national attention after being granted $38.2 million from the federal Build Back Better grant.

Tulsa Remote is a unique recruitment initiative aimed at attracting talented individuals to Tulsa. The program brings remote workers and digital nomads to the community by providing $10,000 grants and numerous community-building opportunities. Each grant is distributed over the course of a year to eligible remote workers or entrepreneurs living outside of Oklahoma. Funding is currently provided by George Kaiser Family Foundation. The City of Tulsa and other community organizations lend their support to ensure program participants are fully immersed and engaged in the community.

Gig Work to Ride an Economic Downturn

gig work to ride an economic downturn

Global impacts including inflation, large interest rate hikes, the Russian invasion of Ukraine and the effects of the Federal Reserve's quantitative tightening policy are just a few key indicators of a looming recession. For many, recessions can mean reduced income, business slowdowns and a general tightening of the economy.

"We know that many Americans are currently living paycheck to paycheck," said Andrew Housser, Co-Founder and Co-CEO of Achieve. "While some are able to stretch finances to make ends meet, for others a recession can make it challenging to pay for basic necessities. With careful planning, prioritization and a budget, consumers can more easily weather more difficult economic times and keep their financial progress moving forward."

Achieve, the leader in digital personal finance, has established 10 steps to help consumers establish the financial foundation to better prepare for a recession.

Realize you have little to no control over the economy. You can't control prices or price fluctuations, or whether a recession happens. Instead, work on what you can control: providing yourself some buffers so when things happen, you'll be better prepared.

Get your priorities straight. Pay your mortgage or rent first. Never risk your home. If you do encounter trouble making your monthly housing payments, be proactive and contact your mortgage servicer or landlord to discuss what options may be available to receive assistance getting back on track.

Organize and declutter your storage areas, closets, garage, attic. You'll get a much better inventory of what you really have so you don't spend on something unnecessarily.

Stick to your budget. Especially in financially stressful times, many people say "it's hard to budget." While budgets should ideally be based around short-term and long-term goals, right now, it can make sense to focus on the shorter term, and determine where you/your family's own vulnerabilities may be. Addressing these may help ease the pressure on paying for day-to-day expenses. For instance, if you have an older car prone to mechanical issues, it could be smart to prioritize preemptive maintenance needs, so you don't end up needing to find/buy a car if things get really tight. If you anticipate needing a medical or dental procedure, it might make better sense to schedule them now, if your job's insurance would cover a substantial portion of it.

Review your budget frequently. Agreeing to do it on a scheduled basis can eliminate any spousal/family resistance; keep it short and direct.

Track spending. Budgeting can sometimes feel like you're groping in the dark, especially if you've not done it before or the environment you're in (i.e., the economy) is changing rapidly. Hold on to all receipts for a few weeks and keep a detailed spending log. Many people are surprised to see how much they spend each day, and on what. By doing this, you'll know what your expenses really are, and you'll spot areas where you CAN cut back or better prioritize in your budget.

Prioritize savings. From the last recession and the pandemic, consumers learned (or should have learned) that the unexpected does come up. It could be losing a job, a large medical bill, an appliance going out. In recessionary times, income stability could be threatened, from a complete job loss to reduced hours or pay. The best thing you can do now is to shore up your savings. In the budget, include savings as a line item in "Expenses." Set your monthly savings amount and make it a "bill," or expense, to pay just as you pay other bills. Many experts recommend saving 10% of all income received, and having enough in savings to cover six to nine months' worth of basic living expenses (that's different from salary). Do what you can; the key is to start with what it would take to cover that needed appliance or pay a medical bill. Then build gradually.

Generate additional income for savings. Easier said than done, but the job market is still strong. A few ideas beyond well-paying part-time retail jobs: Tutor or teach a language, online or off. Help people with computer updates and maintenance, virus removal or cleaning up a hard drive, if you have computer skills. Pet-setting, dog-walking and yard work are always in demand. Gig work ranges from well-known ride hailing and delivery apps like Uber and DoorDash to lesser-known freelance apps like Fiverr and Upwork. Find an app that offers services that best meets your skills and available resources. Just don't forget to set aside money earned from these jobs for taxes.

Don't skimp on retirement savings if at all possible while you're working to pay down credit card debt. If you work for an employer with a matching retirement savings program, not participating is like giving money away.

Make a plan to pay off credit card debt. Paying off credit card debt at typical interest rates effectively makes an investment that returns 13% to 20% per year. Think about it: If your credit card charges 20% interest, and you pay off the balance, you are guaranteed to save yourself from losing 20% — which is, in effect, making a 20% return.

Another example: Think about what happens if you have credit card debt of $3,000 with an 18% interest rate. A minimum payment of 3% would be $90 per month. Paying only the minimum (which will decrease over time) will cost $2,698.44 in interest, and take nearly 16 years to pay off. That means you will be paying almost twice as much for what you bought in the first place — and lose the opportunity to invest that money and earn something on it.

Achieve is the leader in digital personal finance. Our solutions help everyday people get on, and stay on, the path to a better financial future, with innovative technology and personalized support. By leveraging proprietary data and analytics, our solutions are tailored for each step of a consumer's financial journey and include personal loans, home loans, help with debt and financial tools and education. Achieve is headquartered in San Mateo, California and has more than 2,700 dedicated employees across the country with hubs in California, Arizona, Texas and has regularly been recognized as a Best Place to Work.

Tips to Grow Your Business Online

tips to grow your business online

You are running any business and looking for some amazing techniques to grow it. You should be interested in online sources to enhance and to grow your any kind of business.

Well, first of all you must have professional website with domain name in accordance with your services and products. Your website should include your trending products, hot deals and the top client's feedbacks. These things play a great role to flourish your services. Well consider that you have a professional website for your business.

Different strategies for advertisement of your business are illustrated as:

Google Ads

This method used to advertize your services and website as well. When someone clicks over your proposed ad, he will be redirected to your website. The idea for Google Ads (formerly AdWords) is simple. Individual's search over Google for a particular item or administration, they recognize your promotion and snap on it if that is what they're searching for. After individuals click on your advertisement, they will head over to your site. But it is a paid administration known as cost-per-click. The higher the offer, the higher your promotion will show up will in searched items.

Find out where your customers hang out:

Is it on the Twitter, Facebook, LinkedIn, Instagram or any other social network site? You can do this just by reading the articles that give clearance of which one of them is better for your customers at web analytics. This will help you a lot.

Add customers to your social network:

You might do this task by asking account managers to discover and friend their clients. On the other hand, you might use email address book to categorize the clients. In addition, you might do things to grow your social network profiles by adding links in the emails that to your site. With the help of your employees, remind the clients following a service call to request them to join your social media site. You can also add customers to your social network by running promotions or contests etc.

You should keep posts related to your business:

Using social media for your business, do not post much videos and photos that are not relevant to your business. Only post the photos of your services and products, In case you post irrelevant things from your social media sources, your social business look disorderly and might turn your followers in puzzle. So, you have to keep posts related to the services of your business. It will engage customers to build your social business much successful.

Regularly engage customer feeds:

Finally, when your customers are getting into your network, notice that what they are saying about your products than comment their views. Keep in mind, do not wait for the customers to talk about you, you should surprise them with a selfless idea or comments.

If you have followed these strategies, than you should be clever to grow your business with the help of your professional website related to your services and with the help of on social networks.

Freelancer Productivity Tools for 2022 ...

freelancer productivity tools for 2022

Freelancers are becoming an increasingly significant component of today's workforce, and happily, the market is responding with high-powered devices that freelancers can use to increase their productivity. One essential ability that freelancers must maintain is managing their workload. Having appropriate tools alleviates stress and guarantees that freelancers will advance in the best possible way. Starting out as a freelancer involves various hurdles that many newcomers overlook, yet all are equally important to your success. The following are some tools freelancers can use to make their work easier.

Evernote: Every day, the average human has more than 60,000 thoughts. You cannot abandon that critical piece of knowledge or concept without leaving any trace or remembrance of it. Evernote is a fantastic tool for freelancers. This productivity-enhancing tool stores data on the cloud. The software allows you to sync your desktop computer and mobile device on a regular basis. You may also view all of your critical papers by visiting the website and logging into your account at any time.

MailChimp: As a freelancer, you typically connect with customers via email. For example, you may respond to emails in order to transmit orders and crucial information to clients. Furthermore, as a freelancer, you deal with a variety of people, some of whom do not regularly engage with you. This program makes email management and sending professional-looking emails to customers simple. MailChimp can assist you in two primary ways: setting up an email list to manage your clients and sending professional-looking emails when necessary.

Trello: Trello's affordability makes it an even better alternative for freelancers, as it is one of the most straightforward solutions for project management. The tool is ideal for those who enjoy graphics and graphs. Trello's Kanban boards may help you manage your tasks. You may also use cards to indicate the tasks you are working on or those allocated to you. Furthermore, you may quickly share boards with other collaborators such as freelancers or clients.