“Massive”

Digging into the data about remote work, Nick Bloom discovered that remote work “massively reduces overhead,” “drives down recruitment and retention costs,” and—no surprise from regular readers—resulted in a “massive 13 percent increase in productivity.” This is not to say that we should nix all offices everywhere—some people genuinely need or want to be able to go to an office, at least some of the time. But coercive RTO plans that lay claim to offices being more productive or somehow more efficient have some explaining to do: the data shows otherwise.