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Remote work spiked during the pandemic, from about 6 percent of full workdays in the U.S. to more than 50 percent in the spring of 2020. Since then, it’s steadily decreased and since early 2023 has hovered around 28 percent. Many executives believe it’s time to come back to the office: Jamie Dimon, CEO of JPMorgan, has declared himself a remote-work skeptic; Mark Zuckerberg has declared that engineers “get more done” in the office; and Google’s chief people officer recently told employees that office attendance would factor into performance reviews. Even Zoom’s leadership wants employees back in person two days a week.
The only problem? Not even senior management expects this return-to-office push to work.
The Survey of Business Uncertainty is jointly run by the Atlanta Federal Reserve Bank, the University of Chicago, and Stanford. It surveys senior executives at roughly 500 U.S. businesses across industries and regions each month.
The most recent iteration of the survey, conducted in July 2023, asks: “Looking forward to five years from now, what share of your firm’s full-time employees do you expect to be in each category [fully in person, hybrid, fully remote] in 2028?”
See more HBR charts in Data & Visuals
This article is reprinted from Harvard Business Review with permission. ©2023. All rights reserved.
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