TikTok influencers would suggest that it’s easy to land a remote job with a six-figure salary without even an interview.
However, research from the high-income website Ladders shows it’s probably not that easy.
The days of comfortable living and working from home are coming to an end, the group says.
The number of remote job openings earning $250,000 or more a year has dropped by 60 percent in the past year, researchers say.
At the same time, the number of well-paying hybrid positions has dropped by a staggering 95 percent.
Career advisors on TikTok say high-paying remote jobs are plentiful and can be landed without interviews
Postings for remote jobs over $250,000 have fallen 60 percent in the past year, researchers say
Currently, only 4 percent of these job openings are available as fully remote, and less than 1 percent may be hybrid, according to the study.
James Terry, of recruitment firm Indeed Flex, says companies are increasingly able to offer promotions to staff who show up for the office.
‘Do people who work completely remotely have the same kind of career advancement opportunities as those who work in the office?’ Terry told NewsNation.
Ladders’ research comes as more companies ask staff to return to their offices and the pandemic-era work-from-home lifestyle recedes.
Citigroup, HSBC and Barclays have in recent weeks ordered more staff to report to company offices five days a week, a change prompted in part by regulatory changes on Wall Street.
Barclays will require thousands of investment bank workers around the world to spend five days a week in the office or travel to see clients, starting June 1, it said in a memo.
Office work “drives innovation, collaboration and a stronger culture,” wrote banking executives Cathal Deasy and Taylor Wright.
Nine in ten companies expect to have staff working a full five days a week in the office by the end of 2024, according to a survey by Resume Builder.
Several major corporations, including Boeing, UPS and JPMorgan Chase, have already made it mandatory for workers to attend the office five days a week.
The number of well-paying hybrid positions has dropped by a staggering 95 percent, pushing workers back to the office.
It is becoming much more difficult to earn a six-figure salary and maintain a remote or hybrid lifestyle.
American companies are paying a premium for employees who will work in the office full-time, according to research conducted by ZipRecruiter in March.
Those who have returned to their offices can expect to see their salaries grow faster than those who stay home or work hybridly.
The average advertised salary for office workers increased 33 percent to $82,037 compared to the previous year, according to research by ZipRecruiter in March.
By comparison, the average salary for a “hybrid” employee is just $59,992, a difference of $22,000.
Higher-paying jobs require greater commitment from their employees, including daily office attendance.
Companies have discovered that it is better for their bottom line to have staff in the office than to work from home.
Still, the remote or hybrid lifestyle can be a blessing for parents, those who live in remote areas, and others.
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 told The Economist that he didn’t see how managers could work from home, adding: “I don’t know how you can be a leader and not be completely accessible to your people.”
