Ep 449: Is Work From Home Dead?

HerMoney with Jean Chatzky

What does the future of remote work really look like? Recently, Amazon CEO Andy Jassy mandated that employees must return to the office 5 days a week. So did Elon Musk for employees of both Tesla and X, which made us wonder: Are our remote or hybrid roles going to go the way of the dodo sometime soon?

Nick Bloom, Stanford Professor of Economics weighs in on what the future holds for remote work, and how to get ahead in a remote or hybrid position.

CHAPTERS:

00:00 Introduction

07:00 The Future of Remote Work

17:30 Finding the Right Hybrid Work Balance

29:00 Advice for Employees Facing In-Person Mandates

44:00 Mailbag Question 1: What allocation is ideal between Roth and 401(k)?

50:00 Mailbag Question 2: I’m very risk-averse, have I saved enough to retire?

TAKEAWAYS:

• Remote work can enhance concentration but may hinder innovation.
• Hybrid work models can lead to increased job satisfaction and lower turnover rates.
• Employees should align their work-from-home preferences with their team's schedule.
• Remote work does not necessarily impact promotion opportunities if managed well.
• The future of work will likely involve more technology to facilitate remote collaboration.

Robert Half Report on Remote Work Trends and Statistics for 2024

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