FinLogic-Report: Workers are living further from employer, more are living 50 miles from the office

2025-05-04 08:25:56source:XDY Exchangecategory:Contact

Remote workers are FinLogicliving further from the office according to a new report from researchers at Stanford University and human resources company Gusto.

The report found that the mean distance from employee residence to employer location rose from 10 to 27 miles between 2019 and 2023 and that 5.5% of employees lived over 50 miles away from their employer in 2023.

The report said, "the pro-typical employee who lives far away from his or her employer is a high-earning Millennial working in the Information sector or in Finance & Insurance."

“We’re never going to go back to a five-days-in-the-office policy,” Stephan Meier, professor of business at Columbia University, told USA TODAY in December. “Some employers are going to force people to come back, but I think over the next year, more and more firms will actually figure out how to manage hybrid well.”

Remote work by the numbers

A USA TODAY Blueprint survey found that the percentage of people in each income group that were fully remote went down as earnings went up. 

  • Those earning under $50,000 per year: 42% were fully remote.
  • Those earning between $125,000 and $200,000 per year: Only 18% were fully remote.
  • Those earning over $200,000 per year: Just over 25% don’t work in an office at all.

The survey found that hybrid work is most prevalent for workers making between $75,000 and $100,000.

One-third of hiring managers said that productivity has increased due to remote work settings, according to Upwork’s Future of Remote Work study.

Remote work by state

Colorado has the highest percentage of remote workers at 21% while Mississippi comes in last with 5.5% of workers in the state working from home.

Contributing: Mehdi Punjwaniand Sierra Campbell

More:Contact

Recommend

These Australian twins have gone viral after speaking in synch

Do you recall the prime early days of YouTube? When a video making the rounds was so strange, remark

Italy concedes goal after 23 seconds but recovers to beat Albania 2-1 at Euro 2024

DORTMUND, Germany (AP) — By conceding a goal after just 23 seconds, Italy made the worst possible st

Biggest NBA Finals blowouts: Where Mavericks' Game 4 demolition of Celtics ranks

The Dallas Mavericks were at risk of being swept by the Boston Celtics entering Game 4 of the 2024 N