For up to date information, please click below

sdfsdWork from home & remote work

The prevalence of remote work is influencing housing markets and rent dynamics. Cities traditionally known for their business centers are witnessing changes in demand as remote workers seek homes in less urban locales. This trend can lower rent in previously …

3rd August, 2020

The prevalence of remote work is influencing housing markets and rent dynamics. Cities traditionally known for their business centers are witnessing changes in demand as remote workers seek homes in less urban locales. This trend can lower rent in previously high-cost areas while remote work statistics increasing demand for spacious homes for home offices, impacting prices in the suburbs and beyond. Just 9% anticipate working a minimal amount from home or not at all. Global Workplace Analytics also shows that remote work creates a healthier environment for workers to thrive.

Breaking Down 2021-2022 Remote Work Statistics

Over half (53%) report reduced stress, 51% spend more time with significant others, and 44% have a more positive attitude. Remote work is also making employees healthier; 45% claim to get more sleep, 42% are eating healthier, and 35% are getting more physical exercise. It is the only source of local estimates for most of the 40-plus topics it covers. And employers realize this despite the few disadvantages that come with remote work. As of 2023, 27% of U.S. employees work remotely, which is four times the number who worked remotely before 2020.

Generational Support of Flexible Work

A study revealed that of those who worked remotely at least a few times per month, 77% reported greater productivity. To break that down, 30% of workers were able to accomplish more in less time and 24% accomplished more in the same amount of time. Whether it’s the lack of social interaction or the longer hours working at home, remote work burnout statistics show how important it is to cultivate a healthy workplace regardless of its location.

89% of employees who work from home are optimistic about work, compared to 77% of those who work in the office. It is also noteworthy that 48% of employees working from home say they lack emotional support, which could also contribute to experiencing burnout. In effect, over 1 in 3 remote workers are not getting enough rest and time off work. A study conducted by MIT revealed that workers felt significantly more lonely when working from home than in the office. 22% of the workers surveyed said that they felt isolated from others when working from home, compared with 19% who felt the same way when working in the office. Moreover, as we mentioned above, employees are willing to take pay cuts to work remotely.

Remote and hybrid work statistics 2022

The majority of full-time U.S. employees are unconcerned about the effect that remote work could have on their company’s culture. Among all workers, 54% believe the culture of their company would be the same if a substantial number of employers worked remotely long-term, and 12% think it would be better, while 33% predict it would be worse. High productivity isn’t the only universal benefit of working remotely.

And while only 22% of Gen Z workers preferred a remote-only arrangement, they heavily support a hybrid environment (73%). Whether it’s to flee cities with a high cost of living or to find more space to spread out, remote workers are realizing that they have more real estate choices https://remotemode.net/ than ever before. And with 16% of companies operating as fully remote, they have a range of options to choose from. It’s up to employers to determine the right workplace policies for their teams and invest in the right tools, platforms, and technologies to make hybrid work.