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Tech entrepreneur Roman Taranov employs more than 70 people across Europe and championed remote working long before the Covid pandemic erupted last March. The 26-year-old self-made millionaire also always pays staff above the market rate and allows them to book holidays with as little as a week’s notice.

Mr Taranov believes that being flexible is the key to letting staff thrive and has no issue accommodating his employees.

He puts that down to his unconventional upbringing – which saw him struggle with mainstream education before dropping out of school in Ukraine aged 15.

The then-teenager fled to Europe where he taught himself marketing, technology and management while founding two start-ups and backpacking around the continent.

Mr Taranov, who now runs app development firm Ruby Labs in London, has also created several apps, which allowed him to continue his travels.

His current firm operates app Able – which helps people improve their health by providing effective weight management strategies and 1:1 chats with personal nutritionists – and Hint – a hyper-personalized 21st-century astrology app powered by NASA data & AI.

As the world slowly emerges from the pandemic, Mr Taranov is convinced that allowing people to work remotely from different countries will become “normal”.

He said: “Only a couple of decades ago, we were reliant on slow dial-up internet connections.

“Now, thanks to the arrival of super-fast broadband, young people are now able to get online and do more in their available time.

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“While some employees have missed the morning commute to the office, many more have seized on the opportunity to work from home with relish.

“Millennials and Generation Z workers are among those who have particularly enjoyed the experience of remote working and who are most likely to be keen to continue with this employment model even after the global pandemic is a distant memory.

“A huge advantage to working remotely is that you are not restricted by the geography, however time zones are a consideration to take into account.

“For a team to work effectively together, there has to be a level of cohesion in the working hours, and doing it this way is much faster and less expensive when you are broadening your reach to multiple cities and countries.

“For example, someone in the UK collaborating on a project in real-time can be within +1 or +2 hours of other workers (in Germany or Spain), but someone who is +9 or +12 will not work as effectively (Japan or Australia).

“There’s also the benefit that being in Europe you are only ever a couple of hours away from millions of other workers, where work rates can be cheaper such as Eastern European countries like Slovakia, Romania and Moldova.”

Mr Taranov, who was born in Ukraine but now lives in London, is currently advertising for nine full-time remote roles.

There is no obligation on workers to be in the same country or even timezone.

He believes that his radical approach will become increasingly common and prospective employees in the future could even start asking if there was a requirement to live in the same country of applications.

He said: “It isn’t too hard to see why dramatic changes to the world of work appear to be on the horizon.

“Although remote working is no new concept, it has become far more prevalent in recent years due to the latest technological advances.

“Now, with cloud systems, video conferencing and super-fast broadband, it isn’t too surprising that, now the majority of office workers have now experienced the benefits of home working for themselves, they are keen to continue with this way of life.

“A younger generation of employees are determined to work to live rather than live to work, and they see remote working as their way of achieving this goal.

“That could mean working from a beach in Spain for a British firm, or backpacking around Eastern Europe while you stop to check your emails.

“The world is changing at an exponential rate and savvy employers will pay heed to that.”

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