Thursday, October 19, 2023

It’s not just Paris. Bedbugs are resurgent everywhere | Glitch on Elon Musk’s X allowed CIA spy recruitment channel to be hijacked, hacker says. ‘It was a perfect storm for something pretty bad to happen’ | The fight over working from home goes global | Ukraine war live updates: Russia says ties with North Korea have reached 'new, strategic level' as Western concerns over weaponry grow

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The fight over working from home goes global - The Economist   

REMOTE WORK has a target on its back. Banking CEOs, like Jamie Dimon of JPMorgan Chase, are intent on making working from home a relic of the pandemic. For staff at America’s biggest lender and other Wall Street stalwarts like Goldman Sachs, five-day weeks are back for good. Big tech firms are also cracking the whip. Google’s return-to-work mandate threatens to track attendance and factor it in performance reviews. Meta and Lyft want staff back at their desks, demanding at least three days of the week in the office by the end of the summer. With bosses clamping down on the practice, the pandemic-era days of mutual agreement on the desirability of remote work seem to be over.

Fresh data from a global survey shows how far this consensus has broken down. Across the world, employers’ plans for remote work fall short of what employees want, according to WFH Research, a group that includes Stanford University and Ifo Institute, a German think-tank, which tracks the sentiment of full-time workers with at least a secondary education in 34 countries. Bosses fear that fully remote work dents productivity, a concern reinforced by recent research. A study of data-entry workers in India found those toiling from home to be 18% less productive than office-frequenting peers; another found that employees at a big Asian IT firm were 19% less productive at home than they had been in the office. Communication records of nearly 62,000 employees at Microsoft showed that professional networks within the company ossified and became more isolated as remote work took hold.

Yet all the pressure from above has done little to dent employees’ appetite for remote working. They want to be able to work more days from the comfort of their living rooms than they currently do, according to WFH Research. On average, workers across the world want two days at home, a full day more than they get. In English-speaking countries, which have the highest levels of home-working, there is an appetite for more. And the trend is spreading to places where remote work has been less common (see chart). Japanese and South Korean employees, some of the most office-bound anywhere, want more than a quarter of the week to themselves. Europeans and Latin American crave a third and half, respectively.

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