Economist: 1-2 Remote Work Days Per Week Most Profitable for Companies and Employees
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Stanford economist Nick Bloom says forcing full-time office work is costly for companies due to lower productivity and higher turnover.
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Remote work 1-2 days per week is most profitable for companies and preferred by many employees for work-life balance.
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Fully remote set-ups allow companies to save money by not paying for office space, especially for back-office roles.
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60% of US workers are still fully in-person, while 30% are hybrid and 10% are fully remote, per Bloom's analysis.
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Bloom disputes claims that remote work harms young people's careers, though some want office access for mentoring and social activity.