In the largest study yet of working-from-home professionals, Stanford economist Nicholas Bloom reveals that employees who work from home two days a week are just as productive, likely to get promoted, and far less prone to quit.
Hybrid work schedules, where employees work from home part-time, have been shown to be beneficial for productivity, career advancement, and job satisfaction, according to Stanford economist Nicholas Bloom.
In a study involving over 1,600 workers at Trip.com, Bloom found that those working from home two days a week were just as productive and promotable as office-based peers, and resignations dropped by 33%.
The study highlights the positive impact of hybrid work on employee retention, especially for women, non-managers, and those with long commutes. Critics of remote work, such as Elon Musk and Jamie Dimon, often confuse hybrid with fully remote work, which Bloom says is managed differently.
His research, one of the few randomized controlled trials on hybrid work, provides strong evidence that hybrid arrangements are advantageous for both employees and companies, saving costs and maintaining workplace culture. The study underscores that hybrid work, when managed correctly, offers significant benefits with few drawbacks.
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