This next installment of PYMNTS’ mini-series on consumer behaviors popularized during the pandemic demonstrates that workers may be in no rush to return to the office. The rate of employees engaging in remote work has continued to rise, with the growing shares illustrated in proprietary...
Businesses contemplating the transition to a remote workforce should prepare for possible increased fraud-related headaches. As reported recently by the Wall Street Journal, U.S. workers have voiced a clear preference for remote employment, as commercial office vacancy rates remain as much as 60% higher than they were pre-pandemic. Drivers for...
How consumers at different income levels behave around and interact with the connected economy diverges considerably, as new PYMNTS data shows. For example, the study “The ConnectedEconomy™ Monthly Report: Digitally Divided – Work, Health and the Income Gap,” based on surveys of over 2,700 U.S....
Remote workers reportedly cost New York City more than $12 billion annually. That’s according to an analysis published Monday (Feb. 13) by Bloomberg News, which estimates that workers in Manhattan are spending 30% less time at the office, meaning they’re spending at least $12.4 billion less...
July 11, 2023
This next installment of PYMNTS’ mini-series on consumer behaviors popularized during the pandemic demonstrates that workers may be in no rush to return to the office. The rate of employees engaging in remote work has continued to rise, with the growing shares illustrated in proprietary research carried out in preparation for PYMNTS’ May “ConnectedEconomy™ Monthly […]
March 16, 2023
How consumers at different income levels behave around and interact with the connected economy diverges considerably, as new PYMNTS data shows. For example, the study “The ConnectedEconomy™ Monthly Report: Digitally...
February 13, 2023
Remote workers reportedly cost New York City more than $12 billion annually. That’s according to an analysis published Monday (Feb. 13) by Bloomberg News, which estimates that workers in Manhattan are spending 30% less time at the office, meaning they’re spending at least $12.4 billion less with city businesses less per year. “If less income tax […]
June 15, 2022
Payments-processing firm Block, previously known as Square, is leaving behind the Market Street headquarters that had been the high-profile company’s San Francisco headquarters when its lease expires in September 2023,...