According to a data analysis from the Rockefeller Institute of Government, employees who put in at least some of their workweek from home are more likely to earn $100,000 or more. The study evaluated how many workers continued to work remotely since the pandemic started. This impacted how people organize their work schedules, mindset, and income.
According to the study, upper-income earners work from home for at least part of the work week, avoiding commutes and spending their money differently than they did before the pandemic.
How Remote Work Relates to Higher Income
According to Laura Schultz, executive director of research at the Rockefeller Institute of Government, the rates of remote work continue increasing and remain elevated compared to their pre-pandemic levels. This is particularly true in higher income earners and industries where job responsibilities do not require employees to go to the office.
Researchers found that just 5% of Americans had some amount of remote work before the pandemic. Currently, nearly 30% of Americans work remotely in August.
The study’s key insights show how 55% of households earning $100,000 or more reported working remotely at least once in a two-week period. 28% of the households that earn between $25,000 and $49,999, the remote work number lowers to 14%.