good morning!
I learned last week that management expects employees to return to the office full-time and is turning to tactics such as time and attendance management to ensure employees are compliant with RTO obligations. I wrote.
But the company's upper echelons are not exempt from the demands of IRL work. In fact, they may be in the worst possible situation. Hybrid jobs that pay six-figure salaries fell 69% between October and December 2023, according to a new study from Ladders, a career site that lists jobs that pay at least $100,000 a year. The share of high-paying remote jobs also fell by 12% over the same period.
But in-person jobs with six-figure salaries increased 93%, with job openings over $200,000 seeing the biggest increase in required in-person work, according to John Mullinix, director of growth marketing at Ladders. It was said to be expensive.
“Companies want their highest earners to collaborate and lead in their offices,” Mullinix said in a statement.
Some top CEOs have made it public that they require company leaders to work from their offices. JPMorgan Chase CEO Jamie Dimon argued in an interview that managers who work remotely “can't be leaders and don't have full access to their employees.” economist And billionaire Elon Musk, who has said remote work is “morally wrong,” continues to report substandard performance even after acquiring Twitter (now Company X) in November 2022. Threatened to fire employers who allow employees to work remotely.
Companies may want their higher-paid employees to work in-person, but that doesn't mean they're happy with it. A recent survey by software company Checkr found that 68% of managers want to continue working remotely in 2024, compared to just 48% of employees who said the same. Additionally, companies that promote in-person work in industries that still have a high proportion of remote workers, such as technology and marketing, will see a strong competition for top talent given the reluctance to commute to the office. It should be expected. That includes offering better wages and benefits, Mullinix said. luck.
“What you can negotiate will likely be different for a large company with deep pockets than for a small company that may not have the same budget as a large company, but may have more flexibility in terms of paid holidays and working conditions,” he says. says.
The proportion of hybrid positions at senior levels may be decreasing now, but it remains to be seen whether these placements are the wave of the future or just optimism on behalf of executives.
“It will be interesting to see the trends.” [continue] That could be ambitious from the top down rather than the bottom up,” Mullinix says.. “Employee sentiment suggests they enjoy the flexibility of hybrid and remote work schedules.”
Paige McGloughlin
paige.mcglauflin@fortune.com
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This article originally appeared on Fortune.com