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

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Survey: Remote Work Isn’t Going Away — and Executives Know It
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Many CEOs are publicly gearing up for yet another return-to-office push. Privately, though, executives expect remote work to keep on growing, according to a new survey. That makes sense: Employees like it, the technology is improving, and — at least for hybrid work — there seems to be no loss of productivity. Despite the headlines, executives expect both hybrid and fully remote work to keep increasing over the next five years.

The only problem? Not even senior management expects this return-to-office push to work.is jointly run by the Atlanta Federal Reserve Bank, the University of Chicago, and Stanford. It surveys senior executives at roughly 500 U.S. businesses across industries and regions each month.

As the chart below illustrates, executives expect both fully remote and hybrid work to continue to grow.They’re right to expect remote and hybrid work to increase, for four reasons. First, as remote-working technology improves, the share of people working remotely increases. In the 1960s, offices were entirely paper-based, and working from home was very inconvenient. By the 1980s, personal computers began to become more widespread and remote work became easier. By the 2000s, the internet and nascent video calls made it easier still. The response followed basic economic logic: As the “costs” of remote work fell , more people chose to do it.

Third, and perhaps least obvious, the U.S. is well positioned for remote work. Already, 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

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