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Pandemic's permanent legacy


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Illustration: Annelise Capossela/Axios

 

Just six of 158 U.S. CEOs said they'll prioritize bringing workers back to the office full-time in 2024, Axios' Emily Peck writes from a new survey released by The Conference Board.

  • Why it matters: Executives are increasingly resigned to a world where employees don't come in every day, as hybrid work arrangements — mixing work from home and in-office — become the norm for knowledge workers.

🔭 Zoom out: "Remote work appears likely to be the most persistent economic legacy of the pandemic," Goldman Sachs economists wrote in a recent note.

  • 20-25% of workers in the U.S. work from home at least part of the week, according to data Goldman cites. That's below a peak of 47% during the pandemic but well above its prior average of around 3%.

The bottom line: "The battle is over," said Diana Scott, human capital center leader at The Conference Board. "There are so many other issues CEOs are facing."

phkrause

Obstinacy is a barrier to all improvement. - ChL 60
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