"Hybrid work is moving at hyper speed. We've seen more than 100 years of growth condensed into just two. It's a revolution in the career space and our lives will never be the same,"
"We are experiencing a radical societal shift with long-lasting impacts not only in the workplace but in every aspect of our lives." -Ladders CEO Marc Cenedella.
More than a quarter of all high-paying jobs in North America are now offered in either a remote or hybrid environment - and that number is only going to go up. That's according to a review of 5 million career listings on Ladders, a career site focused on high-paying jobs.
Roughly 20% of high-paying professional jobs are offered as remote. Another 5% are offered as hybrid positions with a mix of in-person and remote work. Both segments have skyrocketed since the start of the pandemic. Prior to Covid-19, just 1.25% of jobs paying $80,000 or more offered a hybrid setup, illustrating acceptance of hybrid models among white-collar employers.
Ladders tracked remote-work data from North America's largest 50,000 employers for jobs that pay more than $80,000 per year. Prior to the pandemic, only about 4% of those jobs were remote, but that jumped to 9% by the end of 2020. By the end of 2021, the figure doubled again to 18%.
Ladders previously predicted that more than a quarter of high paying jobs will be remote by the end of 2022. The surge in remote work occurs as companies look ahead in 2022 to make tangible decisions and strategic choices about the their future workplace. Click here for more about how companies should plan for remote work in 2022. These hybrid listings and remote jobs come even as much of the workforce has yet to return full-time to the office after nearly two years of the Covid-19 pandemic. Less than one-third of knowledge-industry employees are working from the office every day, while the percentage of those in hybrid arrangements has increased to 58% compared to 46% in May 2021, according to a survey of more than 10,000 knowledge workers across the world by Future Forum, a research group formed by workplace collaboration software company Slack Technologies Inc.
As Ladders' data suggests, many employers are choosing a hybrid route that will require employees to be in the office a set number of days a week. Some, such as accounting giant PwC, are opting for permanent remote work. Regardless of what they choose, it's not as simple as taking an existing company culture and grafting it onto a hybrid or permanent remote strategy, said Rebecca Ryan, an economist and founder of Next Generation Consulting Inc.
But companies are struggling to keep current workers, with quit rates hovering near all-time highs, according to the Bureau of Labor Statistics.
Given that backdrop, employers are focusing more heavily on how to retain and attract workers. Flexibility is a big part of that equation, with recruiters saying workplace flexibility has quickly shifted from a perk to an expectation.