Remote Work for High-Paying Jobs Dwindles as Employers Prioritize In-Office Presence [Video]

Recent research from Ladders scrutinizes more than half a million job listings from the past year to find merely 4% of quarter-million-dollar positions are now fully remote, with hybrid options accounting for less than one percent.

The decline in lucrative remote and hybrid roles over the past year has been staggering. Hybrid opportunities plummeted by 95%, while remote roles tumbled by approximately 60%. Just a year ago, remote roles made up about 10% of these high-paying opportunities, with hybrid roles amounting to roughly 6%.

“Given the inflationary pressures on wages, this information impacts more people than you might think. You could even say that thanks to inflation wreaking havoc on family budgets, $200,000 is the new $100,000 when it comes to careers,” explains John Mullinix, the mastermind behind the research and Director of Growth Marketing at Ladders.

Employers Seek Return to Office Norms

A recent Bloomberg reportnotes a notable shift in corporate culture. Major financial institutions like CITI, HSBC, …