Our AI writing assistant, WriteUp, can assist you in easily writing any text. Click here to experience its capabilities.

Survey: Remote Work Isn’t Going Away — and Executives Know It

View Original View Raw

Summary

A survey of 500 U.S. businesses conducted in July 2023 found that executives expect remote work and hybrid work to continue to increase over the next five years. This makes sense as remote working technology improves, startups born since the pandemic are more likely to use it, the U.S. is well-positioned for remote work, employees like it, and it can be profitable for companies and better for the planet. Despite the headlines, executives expect both hybrid and fully remote work to keep increasing over the next five years.

Q&As

What percentage of full workdays in the U.S. were remote prior to the pandemic?
Prior to the pandemic, about 6% of full workdays in the U.S. were remote.

What is the current rate of remote work in the U.S.?
The current rate of remote work in the U.S. is around 28%.

What research suggests about the productivity of both fully remote and hybrid work?
Research suggests that fully remote work is up to 10% less productive than onsite work, on average, but hybrid work seems to have little net effect on productivity and may increase it.

How does the U.S. compare to other countries in terms of remote work?
The U.S. has one of the highest rates of remote work of any country, behind only New Zealand and Canada among the 34 countries surveyed.

What are the benefits of hybrid work for both companies and employees?
The benefits of hybrid work for both companies and employees include cost savings, increased efficiency, and improved employee satisfaction.

AI Comments

👍 The survey results show that executives expect remote and hybrid work to continue to grow, which is great news for employees who prefer this type of work arrangement.

👎 Despite the increase in remote and hybrid work, the survey results also suggest that productivity in fully remote work is still lower than onsite work, on average.

AI Discussion

Me: It talks about a survey that suggests that remote work isn't going away and executives expect both fully remote and hybrid work to keep increasing over the next five years. The article goes into the reasons why this is the case.

Friend: That's interesting. What are the implications of this?

Me: One implication is that companies need to start preparing for the shift to remote and hybrid work, as this is likely to be the norm in the future. Companies should look into investing in technology and infrastructure that will support remote and hybrid work. Additionally, they should look into creating policies and procedures that will ensure a smooth transition for their employees and help them adjust to the new working environment. Finally, companies should look into investing in training and development programs to help employees acquire the skills necessary to be successful working remotely.

Action items

Research the latest technologies that support remote interactions and consider implementing them in your organization.
Consider the benefits of hybrid work arrangements for your organization and employees.
Analyze the management practices of your organization and consider ways to improve them to better support remote work.

Technical terms

Hybrid work: A type of work arrangement where employees work both remotely and in the office.
Fully remote work: A type of work arrangement where employees work exclusively from home or another remote location.
Decentralization: The process of distributing decision-making authority away from a central authority.
Personal autonomy: The ability of an individual to make decisions and act independently.
Management practices: The methods and techniques used by managers to lead and direct employees.
Remote interactions: Interactions between people who are not in the same physical location.
Commuting: The act of traveling between one's place of residence and place of work.
Productivity: The rate at which goods or services are produced relative to the resources used to produce them.
Amenity: A feature or service that is provided to make a product or service more attractive.
Turnover: The rate at which employees leave an organization and are replaced by new employees.