A report by the Wall Street Journal - using an analysis of two million workers from the employment data provider Live Data Technologies - revealed that remote workers had been promoted 31% less frequently over the past year compared to those who worked in-office or had hybrid arrangements.
Nearly 90% of surveyed CEOs echoed this sentiment, admitting they are more likely to reward employees who physically show up with opportunities of promotions or important assignments.
Corcoran emphasizes the concerns of remote workers regarding commuting inefficiencies: 'Why would you want to get in a car and go to work and waste all that time going in just to come home again. It doesn't make any sense.'
According to a survey from Own Labs (in collaboration with Global Workplace Analytics), hybrid workers can save employees an average of $19.11 per day, which works out to around $5,000 a year.
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