"Seven out of 10 companies have formal RTO policies requiring some in-office time. A surprising 93% of business leaders believe being in the office is necessary. Fully flexible setups (remote or employee's choice) dropped from 39% of jobs to 28% between 2023 and 2024. Only 7% of companies allow fully remote work in 2025, down from 21% in 2024. While 44% of employees say they'd comply with a 5-day office mandate, 41% would start looking for other work, and 14% would quit."
"By spring 2021, the number of available jobs exceeded the number of available workers, according to the Federal Reserve. Workers, especially white-collar workers, hadn't had this much leverage in decades as tech companies competed for talent across the spectrum. The average tech salary jumped nearly 7% between 2020 and 2021, exceeding $104,000 per year, the highest ever recorded by the Dice Tech Salary Report."
The Covid pandemic caused unemployment to spike to 13% in mid-2020 before falling to 6.7% as businesses implemented work-from-home systems that kept operations running. By spring 2021 job openings exceeded available workers, giving especially white-collar workers strong leverage and driving average tech salaries above $104,000. Return-to-office mandates are widespread: seven in ten companies require some in-office time, 93% of business leaders favor office presence, and only 7% will allow fully remote work in 2025. Employees split on compliance with full-time office mandates, and monthly U.S. layoffs average 1.6 million amid a stagnant labor market. Employers captured the biggest productivity gains from WFH policies.
Read at TheStreet
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