Remote Work Policy Saves Money in Extreme Weather

Nov 16, 2023, 3:50 PM

(From Harvard Business Review) Amidst the increasing frequency of extreme weather events fueled by global warming, work experts highlight the economic advantages of a remote workforce. The ability to swiftly shift to remote work is likened to an invaluable insurance policy for companies. During the pandemic, remote-ready firms lost $98.81 million less in quarterly revenue than fully in-person firms. Beyond pandemic scenarios, remote readiness shields against natural disasters, resulting in an average $70 million higher quarterly revenue during crises.

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