Elon Musk and Vivek Ramaswamy aim to end remote work in the federal government, but the private sector is likely to maintain flexible arrangements due to their profitability.
Elon Musk and Vivek Ramaswamy , appointed by President-elect Donald Trump to lead a new Department of Government Efficiency , plan to bring federal employees back to the office five days a week. However, many companies are expected to maintain remote or hybrid work arrangements due to their profitability, according to economists. While working from home surged during the pandemic, reaching a peak of over 35% in early 2020, it has since declined.
Nevertheless, remote work remains prevalent, with 25% to 30% of employees currently working remotely or in hybrid models. Economists believe remote work, especially hybrid arrangements, will persist because it offers significant financial advantages for businesses
Remote Work Hybrid Work Government Efficiency Elon Musk Vivek Ramaswamy
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Remote High-Paying Jobs on the Rise Despite Overall Decline in Remote OpportunitiesA career site for six-figure positions, Ladders, reports a 10.4% increase in remote job postings paying $250,000 or more in the third quarter of 2024. This trend bucks the overall decline in remote jobs, with industries like tech, finance, and consulting scaling back remote opportunities to remain competitive. However, other businesses are realizing cost savings by reducing office space and expanding their talent pools geographically, leading to a higher justification for remote job salaries.
Read more »
High-Paying Remote Jobs Rise as Demand for Flexibility Remains StrongA career site for six-figure positions reports that 10.4% of roles paying $250,000 or more were advertised as remote in the third quarter of 2024, up from 8.8% in the second quarter. The fields with the most high-paying remote jobs include marketing, HR, operations, management, sales, and project management. While the overall number of remote jobs has decreased, this trend suggests that higher earners may be regaining leverage with flexible work arrangements.
Read more »
High-Paying Remote Jobs on the RiseDespite a general decline in remote job opportunities, high-paying remote roles are seeing an increase.
Read more »
NFL mock drafts: Ashton Jeanty to Dallas Cowboys remains popular projectionWashington Commanders, Chicago Bears, Minnesota Vikings also could be interested in Boise State’s star tailback
Read more »
Musk, Ramaswamy eyeing federal remote work policies to help slash $2T from budgetThe billionaire and Ramaswamy met with Congress members on the Hill.
Read more »
Fact Check Team: Debate heats up as new department aims to end federal remote workElon Musk and Vivek Ramaswamy's new Department of Government Efficiency aims to end remote work for federal employees.
Read more »