BELOW SUPERNAV drop zone ⇩

High-paying remote work jobs fading fast: Study

  • High-paying remote jobs fell nearly 60%, hybrid jobs fell 95% over past year
  • Only 4% of jobs paying $250,000 or more are available for remote work
  • Remote jobs still exist, but employees should expect to be paid less

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

(NewsNation) — Loving that remote job? Employees hoping for a raise might want to reconsider working from home.

A new study by job-seeking website Ladders found that high-paying remote jobs fell nearly 60%, while hybrid job availability fell 95% over the past year.

Higher-paying jobs require more commitment from their employees, including showing up to the office daily. Companies have found it is better for their bottom line to have workers in the office versus working from home.

Return-to-office requirements

CITI, HSBC and Barclays banks are now among those companies requiring employees to return to the office five days a week, according to a Bloomberg report.

Plus, a survey by Resume Builder found that 90% of companies out of the 1,000 surveyed said they expect a full five-day week return to the office by the end of this year.

For those looking to make $250,000 or more annually, only 4% of those jobs are available for remote work. A year ago, it was 10%.

Remote workers make less money: Data

Remote jobs still exist, but companies that allow employees to work from home are likely to pay them less.

James Terry, a hiring expert from Indeed Flex, told NewsNation that moving up the career ladder is tied to in-office employment.

“A lot of businesses and organizations I’ve spoken with have actually really wrestled with the idea of promotions and growth within organizations, and do people who work fully remote have the same, truly the same type of opportunities for career advancement as those that work in the office,” Terry said.

Even Zoom, the company that made work from home a possibility during the COVID-19 pandemic, is now demanding its employees come back to the office at least twice a week.

Business

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Sunny

la

65°F Sunny Feels like 65°
Wind
8 mph SW
Humidity
57%
Sunrise
Sunset

Tonight

Partly cloudy skies. Slight chance of a rain shower. Low 52F. Winds WSW at 5 to 10 mph.
52°F Partly cloudy skies. Slight chance of a rain shower. Low 52F. Winds WSW at 5 to 10 mph.
Wind
9 mph WSW
Precip
15%
Sunset
Moon Phase
Waxing Gibbous