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No matter what your company says, there's no guarantee remote work will last forever. But there are ways for workers to evaluate the safety of remote work arrangements at their company. AdvertisementAdvertisementMichael Samuel learned last year that you can't count on your company allowing remote work forever. But not all remote positions are the same, so some are more likely to stay fully remote. "And thus, we can expect remote work driven moves to increase as more firms enter three and remote work options grow and solidify."
Persons: there's, , Michael Samuel, Samuel, Michael Samuel Michael Samuel, He's, Felicia, Adam Ozimek, they'll, Ozimek Organizations: Service, Economic Innovation Locations: New York, Oregon, Arizona
That's more than twice as frenzied as the rush for remote jobs at the beginning of last year. And third, there's been a dramatic slowdown in tech, the industry that supercharged the boom in remote work. The few remaining employers that continue to offer remote jobs have been overwhelmed by the surge of interest. AdvertisementAdvertisementWith so few openings, candidates for remote jobs are being forced to hustle like never before. The dream of remote work, it appears, will soon be more remote than ever.
Persons: That's, Ashlee Anderson, there's, Angel Medina hasn't, it's, he's, He's, It's, Medina, Atlassian, , Barbara Matthews, Lisa Nielsen, Slack, they're, Matthews, Anderson, we're, Aki Ito Organizations: Cribl, Harvard, Verizon, Google, subreddits, Meta, Comcast Locations: Ohio, Cribl
Insider Today: The fight for remote jobs
  + stars: | 2023-09-26 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +8 min
Remote workers are doing anything but work in the afternoons. Elena Noviello/Getty ImagesThere are few topics in corporate America as polarizing as remote work. AdvertisementAdvertisementLengthy, expensive office leases might also discourage companies from embracing remote work. As Aki's story points out, that type of rationale from larger companies has created an opportunity for those willing to support remote work. A company's commitment to remote work might not be forever, even if employees view it that way.
Persons: , Taylor Swift, Travis Kelce, we've, I'm, Chelsea Jia Feng, Insider's Aki Ito, Aki, What's, Elena Noviello, Goldman Sachs, Leonardo Munoz, Rebecca Szkutak, Dominic, Madori Davis, Snyder, Mark Reinertson, Anthropic, Lindsey Nicholson, Jacob Boomsma, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, NFL, nab, TechCrunch, Thistle Technologies, Getty, Employees, Costco, Google, Netflix, Cintas Corp Locations: America, Amazon's, Sioux Falls , South Dakota, Jefferson City , Missouri, New York City, San Diego, London, New York
In search of connection, young people are spending on gym memberships, social clubs, and art classes. Most said they spend more on social activities than pre-pandemic. All but three said they're spending more money now than they were before the pandemic on social activities such as art classes and gym memberships to make friends. The software engineer said he's increased his investment in social activities after struggling to make friends at work. Other Gen Zers told Insider they made connections through free gallery events, volunteering, and joining book clubs.
Persons: Zers, Lynette Ban, she's, Ban, Vivek Murthy, Richard Weissbourd, Weissbourd, Murthy, Rachael, Matt Schulz, William Cabell, Cabell, he's, Cabell isn't, Kazerouni, Kelly Lohr, , Barley Vogel, there's, Rebecca Schweiger, Schweiger, Noureen Shallwani, Shallwani, Gen Zers, Zers don't, Lillian Lema, Bumble BFF, Lillian Lema Lema, BFF, She's, Margaux Duvall, Duvall, Alexandra York Organizations: Service, Soho House, Harvard Graduate School of Education, IRL, SEC, Studio Arts Dallas, Studio, The, Facebook Locations: Wall, Silicon, New York, Austin, Italy, Richmond , Virginia, Soho, Soho House's New York, Philadelphia, Maine, Portland , Maine, Ohio, Denver, nsheidlower@insider.com
Home prices are falling in cities that saw large growth in recent years, according to Realtor.com. Prices are falling in pandemic boomtowns like Austin, Texas; Ogden, Utah; and Boise, Idaho. Listings site Realtor.com just put out a new ranking of where home prices are falling the most, compared to a year ago. AdvertisementAdvertisementTo calculate its list, Realtor.com looked at the change in the median list price per square foot for the 50 largest metro areas, comparing data for August 2023 and August 2022. Here are the 10 cities where home prices fell the most between August 2022 and August 2023, according to Realtor.com.
Persons: Evan Wyloge, Zers, Realtor.com, Wyloge Organizations: Service Locations: Austin , Texas, Ogden , Utah, Boise , Idaho, Wall, Silicon, Cities, Myrtle Beach , South Carolina, homebuyers, Ogden
A higher share of hybrid workers are stressed or burned out in the past year than fully remote workers, Deloitte found. The recently shared results from the Deloitte survey to Insider were based on nearly 240 fully remote workers, around 350 hybrid workers, and about 460 fully in-person workers and was conducted in April. Just over a third of hybrid workers also felt they didn't really have enough time for wellness, while almost a quarter of fully remote workers felt like this. A quarter of hybrid workers said they felt disconnected from their on-site colleagues compared to 13% of fully remote workers. Similarly, almost a quarter of hybrid workers felt there was ineffective collaboration happening compared to 9% of fully remote workers.
Persons: Deloitte's Jana Arbanas, they're, Jana Arbanas, Arbanas, They've Organizations: Deloitte, Service, US Telecom, Media, Entertainment, Consumer Survey Locations: Wall, Silicon, mhoff@insider.com
Apple's hybrid work pilot program is still going two years after it was first proposed. It started after employees pushed back against a plan to bring them back to the office three days per week. "So what we decided to do was run a pilot where people come into the office three days a week. Apple first announced the pilot program Cook spoke of in June 2021 as pandemic restrictions wound down and people came out into the sun squinting their eyes. In mid-2022, Cook told employees that the pilot program wasn't set in stone and expected aspects to be adjusted.
Persons: Tim Cook, Cook, Tayfun, , Marc Benioff Organizations: Service, CBS, Apple, Anadolu Agency, Getty, Employees Locations: Wall, Silicon, Cupertino , California, United States, Chengdu, Southwest China's Sichuan province
AdvertisementAdvertisementA new Gallup poll released last Friday found a disconnect between want workers want and what bosses think they want. But in a survey of Fortune 500 chief human resource offices, they found a mismatch between what CHROs think employees want for their work schedule and what employees actually want. "For the past couple years, leaders have been working hard to woo remote workers back into the office," Pendell said. "That's likely put blender types in the forefront of their minds, even if blenders aren't necessarily the same as remote workers." When managers don't account for the work style preferences of their workers, it can lead to mismatches that can harm an organization's productivity.
Persons: Ryan Pendell, Gallup, they'd, Pendell, blenders Organizations: Service, Gallup, Fortune Locations: Wall, Silicon
Frontier Airlines CEO Barry Biffle criticized remote work, saying the pandemic made people lazy. Biffle joins a growing list of execs critical of remote work, including Elon Musk and David Solomon. Frontier Airlines CEO Barry Biffle criticized working from home while speaking at Morgan Stanley's Laguna Conference this week, saying the pandemic made people lazy and that workers have gotten less productive as a result. AdvertisementAdvertisement"This is not ideal for us, and it's not a new normal," Solomon said at a conference in February 2021 regarding remote work, Bloomberg reported. AdvertisementAdvertisementAs the debate over working from home continues, there have been conflicting conclusions from studies on whether remote work is conducive to productivity.
Persons: Barry Biffle, Biffle, Elon Musk, David Solomon, they're, We're, Biffle isn't, Elon, Tim Gurner, Alexandria Ocasio, COVID, Gurner, Goldman Sachs, it's, Solomon, Mark Zuckerberg, Meta, Zuckerberg, Brian Chesky, Airbnb, Prithwiraj Choudhury Organizations: Frontier, Elon, Service, America . Frontier Airlines, Morgan, Laguna Conference, Frontier Airlines, Meta, Apple, Google, CNBC, Millionaire, Bloomberg, Engineers, Harvard Business School, Companies, Street Journal, Research Locations: Wall, Silicon, America, Cortez, Australia, Airbnbs, India
Last week, Partis landed in the Sardinian village of Ollolai in Italy for a free stay paid by the local municipality. She's the first digital nomad to arrive — and already she said it feels like a life-changer. Source: Veronica Matta"That was a major success — many foreigners bought and restyled dozens of forsaken dwellings," said Mayor Francesco Columbu told CNBC. "Now, after investing in high-speed internet, with this new project 'Work from Ollolai' we want to make our village a digital nomad hub." Source: Veronica Matta"I just had to give my landowner a symbolic one euro for the house rental," said Partis.
Persons: Clarese, Partis, Ollolai, Antonio Meloni, Francesco Columbu, Veronica Matta, Sa, Matta, Veronica Matta Partis, , that's Organizations: CNBC, Workers Locations: Los Angeles, Sardinian, Ollolai, Italy, Zanzibar, Sardinia, Singapore, Sardinia —, Partis
Michael Bloomberg is an outspoken critic of remote work. He thinks employees are slacking off and hitting the golf course during the workday, he told CBS. A March study by Stanford University researchers found that remote work "powered a huge boom in golfing," with visits to golf courses surging on weekdays and mid-afternoons compared to pre-pandemic times. AdvertisementAdvertisementIn August, he wrote an opinion piece for The Washington Post, arguing that remote work for federal employees had "gone on too long." Just days after Bloomberg's article was published, Biden reportedly ramped up efforts to get federal employees back to the office.
Persons: Michael Bloomberg, slacking, I've, Nick Bloom, Alex Finan, CBS's Mo Rocca, Jacob Frey, Biden, Goldman Sachs, Abbie Shipp Organizations: CBS, New, New York City, Service, Stanford University, Bloomberg, Minneapolis, Employees, Washington, Meta, Neeley School of Business, Texas Christian University Locations: New York, Wall, Silicon
However, that is exactly what some companies want, according to workplace experts that CNBC Make It spoke to. RTO is a cheap and dirty way for companies to avoid legal complications and financial obligations associated with layoffs. "Rolling back those gains, such as remote work and flexible hours, is audacious, but companies are daring employees to quit," Ruettimann added. "RTO is a cheap and dirty way for companies to avoid legal complications and financial obligations associated with layoffs," said Ruettimann. "Announcing direct layoffs can lead to a drop in morale among remaining employees, which could affect productivity and overall workplace atmosphere," he added.
Persons: Dan Schawbel, Laurie Ruettimann, Meghan Biro, Schawbel, Ruettimann, It's Organizations: Companies, Workplace Intelligence, New York Times, CNBC, Bloomberg, Employees
Google is factoring employees' in-office attendance into their performance reviews. A whopping 90% of companies plan to implement return-to-office policies by the end of 2024, according to an Aug. report from Resume Builder, which surveyed 1,000 company leaders. Nearly 30% say their company will threaten to fire employees who don't comply with in-office requirements. Even though more companies have introduced stricter in-office requirements for employees, office occupancy has remained relatively unchanged from the past year. In the U.S., employee productivity rose by 4.4% in 2020 and 2.2% in 2021, before falling in 2022, according to the Bureau of Labor Statistics.
Persons: Goldman Sachs, Dan Kaplan, Kaplan, Amazon's Andy Jassy, Brian Elliott Organizations: Google, Kastle Systems, Companies, Korn, Bureau of Labor Statistics Locations: U.S
Remote work exploded during the pandemic, and now it's a genie out of the bottle. Remote workers are more likely to be college-educated and in higher-income brackets. Several workers Insider spoke to said they've left jobs — and even took pay cuts — to stay at home. AdvertisementAdvertisementSo who are the remote workers of America? They're likely to be more educated, run errands during the day, and are willing to do whatever it takes to stay at home.
Persons: It's, Timothy Done, they've Organizations: Service, Bureau of Labor Statistics, American, Survey Locations: Wall, Silicon, America
Many companies with remote or hybrid workforces use tracking software to monitor their workers. An MIT lecturer said tracking hours wasn't a good productivity measure. As office attendance and productivity tracking become increasingly common, more companies are using it to evaluate, discipline, and even fire employees. About three-quarters of respondents in the ResumeBuilder.com survey said they had fired employees based on findings from their tracking software. But if US companies are truly concerned about maximizing their employees' productivity, some of them may be doing it all wrong.
Persons: , they're, Slack, Aaron Terrazas, Terrazas, Robert C, Pozen, Paul Rubenstein, Rubenstein, Stacie Haller Organizations: MIT, Service, Tech, Meta, Employees, MIT Sloan School of Management Locations: Wall, Silicon
Meta's return-to-office mandate went into effect on Tuesday, requiring employees to work from the company's physical locations at least three days a week. The company began notifying employees in June of the coming change, which will not impact Meta's current roster of remote workers. Any employee assigned to an office, however, will need to comply with the rules starting this week. Facebook parent Meta first extended its remote-work policy to all full-time employees in June 2021. "This analysis also shows that engineers earlier in their career perform better on average when they work in-person with teammates at least three days a week."
Persons: Meta's, Mark Zuckerberg, Zuckerberg Organizations: CNBC, Facebook, Meta
Where in the World Are People Back in the Office?
  + stars: | 2023-09-04 | by ( ) www.nytimes.com   time to read: +2 min
In London, a politician wrote not-so-subtle notes to remote workers last year, hoping to persuade them to spend more time in the office: “Sorry you were out when I visited,” Jacob Rees-Mogg, then a government minister, recalled writing in messages left on the desks of Cabinet Office staff members who were working from home. When the coronavirus pandemic took hold in 2020, many industries across the world shifted to remote or hybrid work. It was an immense experiment that yielded different results for different cities — with long-term standoffs between executives and workers in some cases, and a sweeping return to the office in others. Whether a person is more likely to do work at a cubicle in a big office tower or on the living room couch now depends on where in the world those cubicles and couches are. Many Asian countries have lower levels of remote work than countries in Europe and North America.
Persons: ” Jacob Rees, Mogg, Jem Kim, videoconference, Autónomo, México Organizations: Sequoia, Stanford, Instituto, Ifo Institute Locations: London, Seoul, San Mateo, Calif, Europe, North America, Britain, Canada, United States
A Gen Xer moved to Orlando, Florida, after his lab in California went remote in 2020. For the first few years, remote work went smoothly. After bringing remote workers back to the office, some companies are "quiet firing" employees who either moved away from the office or were hired for an initially remote position. At the same time, there appears to be a growing detachment between remote employees and their employers. I don't see a whole lot of negatives with remote work."
Persons: Xer, Stephen Taylor, Taylor inched, Taylor, couldn't, Ben Wigert, Wigert, doesn't Organizations: Service, Gallup Locations: Orlando , Florida, California, Wall, Silicon, Bay, Orlando, North Carolina
Continuing remote and hybrid work, at levels remarkably unchanged from two years ago, is enabling people to move toward housing affordability, the study found. At the beginning of the year, 22% of remote and hybrid workers said they would be willing to relocate to a different region or increase their commute. The research showed that among remote workers, all age and income groups have grown more willing to relocate or live farther away from their workplace since 2021. This is good news for remote workers during a time of crushingly low levels of home affordability. The researchers say the change to the housing market brought about by remote workers holds broader implications for the link between housing and the labor market.
Persons: Fannie Mae, Fannie, , , Organizations: DC CNN, Housing, Housing Survey, Workers Locations: Washington,
Mark Radcliffe spent over 12 years in NYC before moving to Tulsa, Oklahoma, in September 2020. I got his point, but after 12 years in the city, I decided to move to Tulsa, Oklahoma. The $10,000 wasn't my biggest motivation — I wanted to embark on a new adventure with like-minded risk-takers and lower my living expenses. Courtesy of Mark RadcliffeI bought a used piano for the living room, started hosting music-themed cocktail parties and dinners regularly, and built a new community. Tulsa has a more leisurely heartbeat, but it's a place where you always have time to stop and connect with others.
Persons: Mark Radcliffe, jabbing, Billy Joel, I'd, Radcliffe, Alec Baldwin, Brooke Shields, , You'd, Lauryn Haas Organizations: Service, Madison, Citi, Radcliffe, Labor, New York, Tulsa, lhaas Locations: Tulsa , Oklahoma, Tulsa, Wall, Silicon, New York City, Yorker, New York, York, New England, Maine, Vermont, Atlanta, West, Gotham, New, Laurel Canyon, Los Angeles
Fully remote jobs may be more vulnerable to new AI tech, one expert says. Stanford's Nicholas Bloom said AI was likely to impact "low-level, fully remote workers," per Fortune. Jobs that rely in some part on in-person work have less to fear from AI automation. "If I were fully remote, you could replicate me with AI," he said during the panel, which was reported by Fortune. "I think we're going to see a lot of impact [among] low-level, fully remote workers," he added.
Persons: Stanford's Nicholas Bloom, Jobs, Nicholas Bloom, Bloom, Alexis Ohanian Organizations: Service, Stanford University Locations: Wall, Silicon
Amanda Loudin moved from Maryland to Boulder, Colorado but returned home after two years. So you'd think a move from Maryland to Boulder, Colorado would've been the perfect match for me. Moving to Boulder wasn't what I expectedI'm one of the many remote workers who took a leap during the pandemic and relocated. I always thought I'd retire in Colorado, but during the pandemic, I decided to move up my timeline and go now. I don't think people in Boulder are unfriendly, just different from what I'm used to in the mid-Atlantic, where I've lived my entire adult life.
Persons: Amanda Loudin, Boulder , Colorado would've, I'd, I've, we're Organizations: Service, Boulder Locations: Maryland, Boulder , Colorado, Wall, Silicon, Boulder, Colorado, it's
Most US executives don't expect a return to pre-pandemic office life, a study has found. Instead, they expect the number of hybrid and remote workers to increase. The study also found execs expected the number of fully in-person workers to continue to decrease. Despite the rise in return-to-office mandates, one study has found that most US executives expect remote and hybrid work to continue to grow. Instead, execs predicted the number of hybrid workers in their firm would increase by 2.2% over the next five years and the number of fully remote workers to increase by 1%.
Persons: Goldman Sachs, It's, execs Organizations: Service, JPMorgan, Tech, Meta, Google, Atlanta Federal Reserve Bank, University of Chicago Locations: Wall, Silicon, Stanford
Many tech workers in California moved to Austin during the pandemic in search of a new lifestyle. Some tech workers say they regret moving there, given its middling tech scene and "fake" atmosphere. They cited several contributing factors, including extreme temperatures, traffic, overcrowding, and — perhaps most surprising — a middling tech scene that fails to live up to the hype. From Silicon Valley to the Silicon HillsNot long ago, Austin's tech scene was ascendant, with national headlines suggesting it could take on Silicon Valley. He acknowledged there's not much of a tech scene there but will take that over what he perceived as Austin's smoke and mirrors.
Persons: Austin, Mike Chang, Chang, Tesla, Danielle Fountain, Fountain, Elon Musk, Jim Breyer, Joe Lonsdale, Bill Gurley, Musk, Gurley, Emily Chang, John Andrew Entwistle, who's, John Andrew Entwistle Entwistle, Entwistle, oversold, Nicholas Falldine, there's, Nick Thomas, Austin doesn't, Thomas, he's, Sam Parr, I'm, Sheharyar, Redfin, Bokhari, It's, frolic Organizations: Oracle, Facebook, Google, Apple, Breyer Capital, Austin Chamber, Austin, Lone Star, US Postal Service Locations: California, Austin, Los Angeles, Bay, Silicon, Silicon Valley, Austin's, Palo Alto, Westchester County , New York, Fayetteville , Arkansas, Austin , Texas, San Francisco
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's important to be clear about the 'why' when mandating in-office work, says Medley's Edith CooperEdith Cooper, Medley co-founder and former Goldman Sachs head of human capital management, joins 'Squawk Box' to discuss the future of work and mandating in-office work amidst a growing disconnect between remote workers and their companies, adapting to hybrid work and navigating the new normal, and more.
Persons: Edith Cooper Edith Cooper, Goldman Sachs
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