Remote Work Policy Saves Money in Extreme Weather

(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.

More from Harvard Business Review