![]() ![]() For example, jobs in retail, transportation, hospitality and food services are far less likely than those in technology, finance, and professional and business services to offer work-from-home arrangements. There are large variations by occupation and geography. can plausibly be done entirely at home, according to a 2020 study by Jonathan Dingel and Brent Neiman, economists at the University of Chicago. Of course, not all workers have the option to work remotely. Employers have dramatically reduced the cost of business travel, while employees avoid commuting costs. "It's still an evolving trend, but the movement is very much toward increased remote work," Pollak said. Remote work provides clear cost savings for both employers and employees. Both shares are up relative to their pre-pandemic levels (28% and 12%, respectively). Common challenges involved in working remotely include having to manage distractions at home, experiencing a lack of interaction with colleagues, and being more at risk of burnout. "Hybrid is pretty much a win-win," Bloom said.Ībout 39% of new hires have jobs with a hybrid work arrangement, while 18% of new jobs are fully remote, according to ZipRecruiter. Remote working can have many benefits for workers, such as increased productivity, greater flexibility, and the freedom to explore different career opportunities. For one, the average person saves 70 minutes a day commuting roughly 30 minutes of that time savings is spent working more, he said. That arrangement has yielded a slight boost in average worker productivity, Bloom said. Most companies have turned to a "hybrid" model, with a work week split between maybe two days from home and three in the office, economists said. They can save money on office space, by recruiting from lower-cost areas of the country or by raising wages at a slower pace due to workers' perceived value of the work-at-home benefit, she said. Companies such as Amazon and Starbucks, for example, recently faced a backlash from employees after announcing stricter return-to-office policies.Įmployers enjoy higher employee retention and can recruit from a broader pool of applicants, said Julia Pollak, chief economist at ZipRecruiter. Some workers have shown they're reluctant to relinquish those perks. Technological advances - such as videoconferencing and high-speed internet - made the arrangement possible for many workers.īoth employees and companies subsequently discovered benefits beyond an immediate health impact, economists said.Įmployees most enjoy having a reduced commute, spending less time getting ready for work and a having a flexible schedule that more easily allows for doctor visits and picking up kids from school, Bloom said. ![]() Initially, remote work was seen as a necessary measure to contain the spread of the virus. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Computer support specialist Salary: 51,722 Projected job growth: 9 percent (as fast as average) Computer support specialists, also known as computer technicians or IT support specialists, help individuals and businesses set up and maintain their computers, software, and networks. Best Debt Consolidation Loans for Bad Credit ![]()
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