Americans who are willing to work in an office rather than from home or in a hybrid role will earn more money, new data suggests.
The average advertised salary for office workers has increased 33 percent to $82,037 compared to a year ago, according to ZipRecruiter research.
By comparison, the average salary for a “hybrid” employee is just $59,992, a difference of $22,000.
Experts say those companies that want on-site staff have to pay them more, to compensate for giving up the convenience of working from home, as well as covering overtime and the cost of travel.
Julia Pollak, chief economist at ZipRecruiter, told the BBC: “Employers who cannot compete on flexibility will have to compete more aggressively on pay.”
US companies are paying a premium for employees who will work in the office full time, new data shows
The average advertised salary for office workers has shot up 33 percent to $82,037 compared to last year, according to ZipRecruiter research.
In comparison, the average salary for a ‘hybrid’ employee is just $59,992, a difference of $22,000.
Interestingly, the data shows that hybrid workers were penalized more than fully remote employees who can expect to earn $75,327 a year on average.
Several major corporations, including Boeing, UPS and JPMorgan Chase, have already made it mandatory for workers to attend the office five days a week.
However, many are struggling to get their colleagues back into the workplace. In January 2024, 29 percent of all paid work days were done remotely, according to ZipRecruiter data seen by DailyMail.com.
Workers who switched from fully remote work to in-person jobs in 2023 received a 29.2 percent pay increase in 2023.
Pollak added: ‘The bottom line is that people are demanding higher pay increases for office-only jobs.
“An employer who offers flexibility can negotiate the overall compensation package with non-monetary incentives, while an employer who wants teams on site five days a week can only offer financial terms: a dollar value is assigned to time spent on site. office”.
Working from home has become a major culture war since lockdown forced millions of employees to change their office setup overnight.
Wall Street stalwart Jamie Dimon has been one of the phenomenon’s biggest critics.
Last year he said The Economist He didn’t see how managers could work from home and added: “I don’t know how you can be a leader and not be completely accessible to your people.”
Wall Street stalwart Jamie Dimon (pictured) has been one of the biggest critics of working from home.
In April, a JPMorgan Chase memo circulated ordering all senior bankers to return to the office five days a week.
In April, a JPMorgan Chase memo circulated ordering all senior bankers to return to the office five days a week.
Other bank CEOs have been similarly dismissive of the trend.
Morgan Stanley CEO James Gormon said remote work is “not an employee choice,” while Goldman Sachs boss David Solomon called it an “aberration.”
According to ZipRecruiter data, 84.7 percent of all job openings are for in-person roles. About 3.1 percent are for hybrid roles, while 12.2 percent are for fully remote work.
A recent survey found that Colorado had the highest share of people still working from home of any US state.
About 38.3 percent of households in the Centennial State reported that someone worked from home at least once a week.
Across the United States, seven states (and Washington DC) have a work-from-home rate above 33 percent.
However, employees in Wyoming are working from home the least. Only 12.9 percent of households had someone working from home in the last week in the state, where major industries include mining, agriculture and manufacturing.
It comes after separate data found that more than two-thirds of the fastest-growing professions did not exist at all twenty years ago.