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Return to office is 'dead,' Stanford economist says

Brajeshwar Friday, December 01, 2023
Summary
The linked article is about how remote work has become an ongoing trend in the U.S. labor market. According to surveys, the percentage of paid work-from-home days has remained steady at around 28%, which is still four times greater than pre-pandemic levels. Companies benefit from reduced costs while retaining productivity, and workers enjoy no commutes, flexible work schedules, and can choose better work arrangements. The typical worker equates working from home to an 8% pay raise. While most remote work is done as part of hybrid arrangements, with some days at home and the rest in the office, remote work is here to stay.
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