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> Economy

Work-from-home jobs with hefty paychecks are fading fast

Return-to-office is a rude awakening for millions of Americans who were forced to go remote

Newsroom May 28 08:31

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Higher pay requires higher commitment, and that includes showing up at the office every day, according to high-paying jobs site Ladders.

After looking at more than a half-million jobs posted over the past year, Ladders found remote and hybrid jobs paying at least $250,000 annually plummeted by 95% and 60%, respectively. Only about 4% of these quarter-million-dollar jobs are fully remote, down from 10% a year ago. Less than 1% are now hybrid, down from 6% last year.

Return-to-office is a rude awakening for millions of Americans who were forced to go remote or hybrid during the pandemic and discovered the benefits of work-from-home status. Ladders declared in December 2021, “Remote work is here to stay.”

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It turns out that “managers prefer in-person supervision and visibility,” said John Mullinix, Ladders director of growth marketing who led the latest research. If managers are going back, so will most everyone else who have even less say in compensation and benefits, he said.

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