If you want to make US$200,000 or more a year, you may have to go back to the office.
According to a new report by Ladders, remote jobs for high-wage earners have fallen.
The career site reported this is happening to work-from-home opportunities since the third quarter of 2022.
The listings for jobs that pay at least US$200,000 declined to 1 in 10 in December 2023 from 3 in 10 at the end of 2022.
This is not just happening to fully remote opportunities. Hybrid work listings have also dropped dramatically, to about 3% from 16% at the beginning of 2023.
The trend was similar in both technology and non-technology sectors.
“Applicants have to choose between going with the biggest paycheque or staying home,” said the marketing director at Ladders.
A separate analysis by Indeed Hiring Lab found that postings in sectors with a high share of remote-eligible roles have declined.
At the same time, demand for in-person jobs remains at levels higher than pre-pandemic.
Ladders found that the competition for jobs that pay US$200,000 was fiercest in the marketing, media, and design fields.
High-paying jobs with the least competition were in the healthcare sector, given the skills needed.