Work from home is here to stay |
| The Wall Street Journal reports that the amount of time Americans work remotely is barely budging despite the efforts of big companies - including Home Depot, Target, Microsoft, 3M, and Intel - to herald return-to-office mandates. Data from a monthly work-from-home survey run by economists Jose Maria Barrero, Nicholas Bloom and Steven Davis indicates that remote work has reached an equilibrium, with 26% of paid, full days worked from home in May, similar to two years earlier. Bloom, a Stanford University economist, believes that more work will be done remotely in the future, rather than less of it: older bosses will, over time, retire, and be replaced by younger people who are more comfortable with staff working from home some of the time. |
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