Virtual office provider Alliance Virtual Offices recently revealed the findings of a new study that showed how remote work impacts career progression.
According to the analysis of various studies and data points, remote workers were found to be 38% less likely to receive bonuses, while still working 50% more overtime compared to their in-office counterparts.
Not only that, but the study showed that remote workers received worse performance reviews and lived in regions with a higher cost of living.
In terms of demographics, women were found to work from home more often than men, while the ethnic group with the highest likelihood to be remote workers were Asian Americans and Pacific Islanders.
On the other hand, hybrid workers were found to fare much better, with these professionals making an average of 23% more than remote workers and 12% more than in-office workers.
The findings reveal that, while the world has readily embraced alternative work arrangements, the inequalities that can emerge from these policies could further widen the gender pay gap, normalize bias, and hinder inclusivity within the workplace.
In order to have a successful workplace, the study supports the need for improved policies when it comes to operating with distributed employees. While ensuring that workers are seen and heard, having empathy about each worker’s background can make or break company culture.