One of the most significant second order effects of the Covid pandemic was the acceleration of working from home (WFH), or anywhere. Many have resisted returning to the office or decline new employment that doesn’t include significant opportunity to work in sweatpants or pajamas.
While WFH has many benefits, it appears that there’s a cost to it as well. As one CEO cited in a WSJ article indicated “People may not like it, but I can’t build a company by playing to the lowest common denominator,” Egnyte CEO Vineet Jain told the Wall Street Journal. “If you don’t show up and work with the rest of your colleagues, it’s showing a lack of connectivity and a lack of ownership.”
A report from Live Data Technologies recently revealed that remote workers are at a significant disadvantage when it comes to promotions. This short article, “Remote workers receive fewer promotions than in person colleagues…” provides some compelling statistics at just how significant the disadvantage is.
For a deeper dive, if you have a WSJ subscription, check out “Remote Workers are Losing Out on Promotions”.
If you have young people in your life just starting their careers, you might share this with them.
