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RE: LeoThread 2024-11-19 11:14

in LeoFinance3 months ago

Part 2/8:

However, the 1980s saw a shift in corporate priorities, with a focus on maximizing efficiency and the bottom line. Advances in technology reduced the need for face-to-face interaction, creating an environment focused on metrics and oversight, where being seen at one's desk reigned supreme, regardless of output.

The Myth of Productivity and Promotion

Studies conducted by Stanford economist Nick Bloom have revealed the stark contrast between the perceived and actual value of remote work. In one study, fully remote workers were found to be 133% more productive than their in-office counterparts, yet they were promoted at significantly lower rates, underscoring the "out of sight, out of mind" bias that pervades corporate culture.