The rise of remote work continues as both employees and employers recognize its benefits. Many workers now start their day at kitchen tables in cities like Phoenix, participate in virtual meetings with colleagues in Austin and Bogotá, complete tasks before lunch, and handle customer interactions across various time zones.
This routine has become commonplace due to the development of technology and established norms. Many organizations now prioritize an employee’s output rather than their physical presence. A new working paper reveals a connection between this shift and factors such as the age of a company and its CEO. It suggests that future opportunities for remote work will likely increase.