How to make workers happier with less pay
Briefly

How to make workers happier with less pay
"The remote work trend that gathered steam during the COVID-19 pandemic gave many people a taste of a lifestyle without commutes and office buildings. Reading the headlines, a casual reader feels there was a rush to remote work in 2020 and 2021, followed by a reversal in recent years. But that's not what happened, exactly. In reality, on the whole, remote work rose steeply in the first two years of the pandemic and more or less stayed up."
"Remote work is reducing demand for office space, increasing suburban growth, shifting economic activity from urban cores to suburbs, driving migration to mid-sized and more affordable cities, expanding residential space needs, and reshaping workplace culture with greater flexibility (but less social interaction). The trend hasn't been kind to some businesses, including downtown restaurants, coffee shops, dry cleaners, public transit systems, office supply retailers, urban gyms, corporate catering services, and commercial real estate firms focused on office leasing."
Remote work rose steeply during the COVID-19 pandemic and remained substantially higher than pre-pandemic levels, increasing from about 9 million remote workers in 2019 to 50 million in 2022 and roughly 36 million in 2025. The shift is reducing demand for office space, accelerating suburban growth, shifting economic activity away from urban cores, and prompting migration to mid-sized, more affordable cities. Residential space needs are expanding and workplace culture is becoming more flexible but less socially interactive. Some urban-dependent businesses have suffered while home-office suppliers, collaboration software, suburban real estate, home improvement, delivery services, coworking operators, and broadband providers have grown. Digital nomad living is also rising.
Read at Computerworld
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