From Dow Jones & Company:



A survey from Resume Builder found that workers who were fully remote or hybrid were less likely to be considered for promotions or raises compared to in-office workers. However, remote workers were more likely to report good work-life balance and less stress. In-office workers were more likely to receive raises, but also reported higher stress and unhappiness at their job. The survey also found that in-office workers were more likely to be looking for a new job, while remote workers were generally happy with their arrangement. A report from McKinsey & Co. also found that top-performing employees were more likely to thrive in remote or hybrid working models. The survey showed that offering remote work could have positive impacts on employee retention and recruiting. However, it was noted that developing the talents of remote workers requires flexibility on the part of managers, and that not all employees thrive in remote working environments. Additionally, with the Federal Reserve anticipating a 4.1% unemployment rate at the end of next year, those looking for remote work may have leverage. Despite companies wanting employees to return to the office, the survey suggests that they are losing people who prefer remote work.



Original: Remote work offers less scope for advancement but also less stress, survey finds