Higher pay requires higher commitment, and that includes showing up at the office every day, according to high-paying jobs site Ladders.
After looking at more than a half-million jobs posted over the past year, Ladders found remote and hybrid jobs paying at least $250,000 annually plummeted by 95% and 60%, respectively. Only about 4% of these quarter-million-dollar jobs are fully remote, down from 10% a year ago. Less than 1% are now hybrid, down from 6% last year.
Return-to-office is a rude awakening for millions of Americans who were forced to go remote or hybrid during the pandemic and discovered the benefits of work-from-home status. Ladders declared in December 2021, “Remote work is here to stay.”
It turns out that “managers prefer in-person supervision and visibility,” said John Mullinix, Ladders director of growth marketing who led the latest research. If managers are going back, so will most everyone else who have even less say in compensation and benefits, he said.
Very remote work:More workers are living 50 miles from the office
Why do companies want employees in the office?
Reasons companies are demanding workers return to the office vary. Some say remote work hinders innovation, cohesion among workers and mentorship, Mullinix said.
On Friday, Bloomberg said Citi, HSBC and Barclays are ordering more staffers to report to company offices five days a week as regulatory changes make it trickier for Wall Street to allow employees to work from home.
The Financial…
