As of 2023, 12.7% of full-time employees worked from home, with 28.2% on a hybrid schedule. Around 32.6 million Americans (22%) are projected to work remotely by 2025. However, companies like IBM are issuing strict return-to-office mandates, leading to tough choices for employees.
Nicholas Bloom, a Stanford economist, notes a prospective employee would accept an 8% pay cut for remote work. This could mean a $4,600 annual reduction for a median U.S. salary of $57,200.
Tech CEO Aileen Allkins emphasizes the importance of flexibility, empathy, and communication in managing differing opinions on returning to the office. This shift towards office returns is influencing how employees view their compensation.
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