Moment of truth

As coronavirus forces millions to work remotely, the US economy may have reached a ‘tipping point’ in favor of working from home.

Will we ever go back to the way we used to operate?

Companies are enabling work-from-home structures to keep business running and help employees follow social distancing guidelines. However, working remotely has been on the rise for a while.

Research indicates that in a five-day workweek, working remotely for two to three days is the most productive. That gives the employee two to three days of meetings, collaboration and interaction, with the opportunity to just focus on the work for the other half of the week.

Full-time employees are four times more likely to have remote work options than part-time employees. A typical remote worker is college-educated, at least 45 years old and earns an annual salary of $58,000 while working for a company with more than 100 employees, according to Global Workplace Analytics.
New York, California and other states have enacted strict policies for people to remain at home during the coronavirus pandemic, which could change the future of work.

“I don’t think we’ll go back to the same way we used to operate,” Jennifer Christie, chief HR officer at Twitter, told CNBC. “I really don’t.”

Read the full article, here.