Aug 17, 2024 - Politics & Policy
Remote jobs fade
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The share of job listings that advertise remote or hybrid work has declined from its 2022 peak — but is still far greater than pre-pandemic levels, Axios' Emily Peck writes from Indeed data.
- Only 2.6% of job postings offered remote options in 2019. By May 2022, the number rose to more than 10%. And this past July, 7.6% of listings offered remote or hybrid options.
🔭 The big picture: Remote and hybrid work is settling into a new normal — more prevalent than five years ago, but not quite at the levels seen during the Great Resignation.
👀 Between the lines: CEOs seem to be an exception.
- Incoming Starbucks CEO Brian Niccol won't have to relocate to Seattle headquarters from his current home in Newport Beach, Calif.
- Hillary Super, the new CEO of Victoria's Secret, won't be relocating to the company's headquarters in Ohio. Instead, she'll fly in from New York.
Though there's no comprehensive data, there are many examples of CEOs who are "working from anywhere," says Raj Choudhury of Harvard Business School.
- "I think the CEO going remote is commendable," he says. The next step would be giving other employees similar flexibility.
