The State of Remote Work in 2024
Is remote work dead or here to stay?
Henley Wing Chiu, a researcher, analysed 1 million remote job openings (from both public companies and startups) to find out. Here's what he learned:
1) Remote jobs are making a comeback
The % of new jobs that were listed as remote is up 10% year over year, and 31% from a year ago. After a decline for more than a year, remote jobs have been on an uptrend.
This trend is even more pronounced in public companies where the % of jobs that were remote was near its all-time high in early 2022.
2) Senior-level jobs are more likely to be remote than mid-level and entry-level jobs
5.35% of senior-level jobs were remote in the past year, compared to 4.9% for mid-level and 2.48% for entry-level.
Remote work is a privilege that must be earned and companies seem to trust experienced professionals more with that privilege.
3) Director and VP jobs were more likely to be remote than individual contributor jobs
This was a surprising one as we've heard stories on how senior executives want employees back in the office.
But the data tells a different story. Companies are more likely to hire VP and Directors remotely than lower level workers. This was true even in the tech sector, among both big companies and startups.
This reinforces the idea that companies trust experienced professionals with remote work.
4) Preferences for remote work differ drastically by profession and industry
Engineers and tech workers vastly prefer working remotely. In fact, the large majority prefer 5 days a week of remote work.
When polling Twitter followers (who primarily work in the financial industry), they all preferred a hybrid environment, and a fair share even preferred working 1-2 days at home a week.
5) Salaries for remote jobs are essentially the same as non-remote jobs
Comparing the average salary of remote jobs to non-remote ones for the same job title. There was no difference between the two.
6) Remote jobs from US-based companies have stayed mostly within the US.
Whether it's because of legal or logistical reasons, most remote jobs from US-based companies have remained in the US, and that trend has been fairly consistent the past 4-5 years.
Henley also analysed which countries have the highest % of remote jobs, which job titles are most likely to be remote, and whether there’s a correlation between remote work and work satisfaction.
You can read more about his study here.
I know what you’re thinking- if this is true, why can I not find many real remote jobs??
Join the Remote Rebellion Community and discover how to find them!
SHOW ME WHERE TO FIND 100% REMOTE JOBS!
Stay rebellious,
Michelle
This post is sponsored by flatio - A rental housing platform for digital nomads, offering hand-picked, mostly deposit-free, and reasonably priced accommodations in over 300 destinations, mainly in Europe.