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Unveiling the Hidden Potentials of Remote Work Productivity

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A 2020 Stanford University study revealed that remote workers were 5% more productive than office-bound counterparts. Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. By spring 2022, this figure rose to 9%.

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The Gender Pay Gap Impacts 41% Of Women – Here’s How To Infuse Equity Into The Hiring Process

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Studies have found as recently as 2020, women still made only 84% of what men earned. We asked Lovell how company leaders can ensure they’re doing their part in closing the gender pay gap, and she said that most importantly, leaders should commit to a culture of salary transparency. .

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7 Strategies To Attract And Retain Top Talent

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That includes remote work: job postings for tech positions that specify remote work continue to rise with a year-to-date rate of 34% compared to 27% in 2021 and 22% in 2020. Another study examined more than 1,000 MBA graduates of the same university to assess their career progress and salaries.

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