Businesspeople have a video conference call with employees working remotely in an office meeting room.
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High-paying hybrid work is here to stay — or is it?
Six-figure hybrid job availability crashed nearly 70% while posts for in-person jobs nearly doubled, according to the Q4 2023 High Paying Jobs report from jobs platform Ladders.
But six-figure-and-up workers are not taking this situation lying down.
Video conferencing technology company Owl Labs’ State of Hybrid Work 2023 report points to the notion that the higher the salary, the higher the likelihood that employees would not accept a job that required them to be in office full-time. Higher income also made workers more likely to start looking for a new position that offers hybrid flexibility, the report states.
This disconnect between what employers are offering and what highly paid workers want is causing tension in the return-to-office dance.
“Employers, managers and employees are all kind of walking on glass at the moment,” said Frank Weishaupt, CEO of Owl Labs.
Leaders at many large companies, including Boeing and UPS, have made it clear they want people back in the office. This is to make sure that they’re maximizing the value of employees, particularly in challenging economic circumstances. However, employees of all stripes — particularly highly paid workers, as research notes — now know what it feels like to manage their personal and professional lives with hybrid flexibility, and they’re not willing to give it up.
‘The tragedy of the commons’
In the case for hybrid, how are six-figure workers with executive or managerial roles different from individual employees? “There is a different standard where we talk about the high-income bracket,” said Rick Smith, professor of practice in management and organization at the Johns Hopkins Carey Business School.
Managers and other highly paid leaders have an expectation to give up some of that self-indulgence that can promote more…
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