Want a six-figure salary? Researchers say it’s time to wave goodbye to remote work
TikTok influencers would suggest that it’s easy to get a remote job with a six-figure salary, without so much as an interview.
However, research from the high-earner career website Ladders shows that it is probably not that simple.
The days of comfortable working from home are coming to an end, the group says.
The number of job postings for remote jobs that pay $250,000 or more annually has fallen 60 percent in the past year, researchers say.
At the same time, the number of well-paid hybrid posts has fallen by as much as 95 percent.
Career advisors on TikTok say high-paying remote jobs are plentiful and can be done without interviews
The number of job postings for remote jobs above $250,000 has fallen 60 percent in the past year, researchers say
Currently, only 4 percent of these positions are fully remote, and less than 1 percent may be hybrid, the study said.
James Terry of recruitment agency Indeed Flex says companies are increasingly able to offer promotions to staff coming into the office.
“Do people who work completely remotely have the same, really the same opportunities for career development as those who work in the office?” Terry told NewsNation.
Ladders’ research comes as more companies ask their staff to return to their offices, and the pandemic-era work-from-home lifestyle diminishes.
Citigroup, HSBC and Barclays in recent weeks have ordered more staffers to report to corporate offices five days a week — a change partly due to regulatory changes on Wall Street.
From June 1, Barclays will require thousands of investment bank employees worldwide to stay in the office or travel to visit clients five days a week, according to a memo.
Office work “stimulates innovation, collaboration and a stronger culture,” bank executives Cathal Deasy and Taylor Wright wrote.
Nine in ten companies expect their staff to be working in the office five days a week by the end of 2024, according to a Resume Builder survey.
Several major companies, including Boeing, UPS and JPMorgan Chase, have already made it mandatory for employees to go to the office five days a week.
The number of well-paid hybrid positions has fallen by as much as 95 percent, forcing employees to return to the office
It’s becoming much more difficult to earn a six-figure salary and maintain a remote or hybrid lifestyle
American companies pay a premium for employees who work full-time in the office, according to research by ZipRecruiter in March
Those who have returned to their offices can expect their wages to rise faster than those who stay home or work hybridly.
The average salary advertised for office workers rose 33 percent to $82,037 from a year earlier, ZipRecruiter research showed in March.
By comparison, the average wage of a ‘hybrid’ worker is just €59,992 – a difference of €22,000.
Better-paying jobs require more effort from their employees, including coming to the office every day.
Companies have discovered that having employees in the office is better for their bottom line than working from home.
Still, the remote or hybrid lifestyle can be a boon for parents, people living in remote areas, and others.
Working from home has become a prominent culture war since the lockdown forced millions of employees to change their office layout overnight.
Wall Street stalwart Jamie Dimon is one of the biggest critics of the phenomenon.
Last year he told The Economist that he did not see how managers could work from home. “I don’t understand how you can be a leader and not be completely accessible to your people.”