70% of Major US Corporations Continue Partial Remote Work Even After COVID-19 Ends
[Asia Economy Reporter Cho Hyun-ui] Seven out of ten major U.S. corporations plan to implement a hybrid work system that combines remote work and office attendance even after COVID-19.
On the 6th (local time), global investment bank Morgan Stanley analyzed the office return plans of 61 major publicly traded U.S. companies and found that 69% plan to partially adopt remote work.
Only 11% of companies preferred fully remote work, and 10% preferred full office attendance. The remaining 10% plan to leave the decision to their employees' discretion.
U.S. economic media MarketWatch predicted, "Even after the pandemic, large corporations will not return to the previous norm where all employees come to the office five days a week."
Hot Picks Today
[Exclusive] "Are We Supporting Chinese Families Too?"... National Pension Handouts Extend to Overseas Parents and Children of Foreigners
- "Banks Roll Out 'High-Interest Specials' Offering Up to 7-13% a Year: 'Why Not Choose Savings Over Stocks?'"
- President Lee Meets Local Government Heads: "No Future for South Korea if Metropolitan Crisis and Regional Extinction Remain Unresolved" (Comprehensive)
- "Prices Plunged by 40%": After Buying from Korea, Japan Faces Crisis Over Surplus Rice
- Having This Habit in the Office... Your Keyboard Gets Dirtier Than a Toilet Seat
Currently, one out of three major U.S. corporations has started bringing some employees back to the office. They initially planned to resume office attendance last month but postponed the return to the end of the year or early next year due to the spread of the Delta variant and reduced the number of employees returning.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.