The Stanford economist and remote work researcher who helped explain the Great Resignation says many companies are never going back to being fully in-office, and the flexibility offered by remote work is a major reason why.
Despite years of high profile return-to-office mandates from companies including Amazon and JPMorgan Chase, this summer has proven to be the perfect example of remote work’s advantages, said Stanford professor Nicholas Bloom, who has been studying remote work for two decades.
Because of the combination of World Cup matches, punishing heat waves, and higher gasoline prices due in part to the Iran war, employees are increasingly looking to avoid the office when they can.
It’s partly this kind of flexibility workers have sought out that has convinced Bloom working from home is going to rebound despite the opinions of loud critics like JPMorgan’s Jamie Dimon.
“There is absolutely no way we are now going back to 2019 on WFH,” he told Fortune. “The Pandora’s box of working from home has been opened and many firms are now permanently adopting hybrid for professionals and managers.”
