The Disconnect Between Remote Workers and Their Companies Is Getting Bigger
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    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,682,703 (+0.16%)       Melbourne $1,032,974 (+0.32%)       Brisbane $1,149,503 (-0.48%)       Adelaide $1,044,873 (+0.57%)       Perth $1,087,323 (+0.79%)       Hobart $838,358 (-0.10%)       Darwin $820,666 (-0.12%)       Canberra $979,872 (-0.24%)       National Capitals $1,138,269 (+0.14%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $797,157 (-0.14%)       Melbourne $549,523 (-0.11%)       Brisbane $755,150 (-0.64%)       Adelaide $578,247 (+0.68%)       Perth $644,099 (+3.57%)       Hobart $571,049 (+0.07%)       Darwin $463,594 (-5.35%)       Canberra $477,768 (-0.27%)       National Capitals $625,689 (+0.06%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 14,358 (+213)       Melbourne 15,978 (-7)       Brisbane 11,458 (+121)       Adelaide 3,654 (+71)       Perth 8,904 (+103)       Hobart 691 (+10)       Darwin 180 (+11)       Canberra 1,209 (+48)       National Capitals 56,432 (+570)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 9,553 (+66)       Melbourne 6,618 (-48)       Brisbane 2,337 (+34)       Adelaide 604 (-6)       Perth 1,701 (+90)       Hobart 150 (-5)       Darwin 217 (-4)       Canberra 1,213 (+23)       National Capitals 22,393 (+150)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $870 ($0)       Melbourne $600 ($0)       Brisbane $700 ($0)       Adelaide $660 (+$3)       Perth $750 ($0)       Hobart $628 (-$13)       Darwin $850 ($0)       Canberra $710 (+$10)       National Capitals $733 (+$)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $820 (-$5)       Melbourne $620 ($0)       Brisbane $620 (-$3)       Adelaide $550 (+$10)       Perth $700 (-$20)       Hobart $500 (-$30)       Darwin $675 ($0)       Canberra $590 (+$5)       National Capitals $648 (-$5)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 6,676 (+151)       Melbourne 6,952 (+89)       Brisbane 3,472 (+4)       Adelaide 1,309 (+41)       Perth 2,174 (+11)       Hobart 210 (-11)       Darwin 61 (+5)       Canberra 431 (+4)       National Capitals 21,285 (+294)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 10,090 (-12)       Melbourne 6,145 (+91)       Brisbane 3,338 (+49)       Adelaide 409 (+12)       Perth 701 (+21)       Hobart 75 (0)       Darwin 102 (+4)       Canberra 717 (+47)       National Capitals 21,577 (+212)                HOUSE ANNUAL GROSS YIELDS AND TREND         Sydney 2.69% (↓)       Melbourne 3.02% (↓)     Brisbane 3.17% (↑)        Adelaide 3.28% (↓)       Perth 3.59% (↓)       Hobart 3.89% (↓)     Darwin 5.39% (↑)      Canberra 3.77% (↑)        National Capitals 3.35% (↓)            UNIT ANNUAL GROSS YIELDS AND TREND         Sydney 5.35% (↓)     Melbourne 5.87% (↑)      Brisbane 4.27% (↑)      Adelaide 4.95% (↑)        Perth 5.65% (↓)       Hobart 4.55% (↓)     Darwin 7.57% (↑)      Canberra 6.42% (↑)        National Capitals 5.38% (↓)            HOUSE RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 1.5% (↑)      Brisbane 1.2% (↑)      Adelaide 1.2% (↑)      Perth 1.0% (↑)        Hobart 0.5% (↓)       Darwin 0.7% (↓)     Canberra 1.6% (↑)      National Capitals $1.1% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 2.4% (↑)      Brisbane 1.5% (↑)      Adelaide 0.8% (↑)      Perth 0.9% (↑)      Hobart 1.2% (↑)        Darwin 1.4% (↓)     Canberra 2.7% (↑)      National Capitals $1.5% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND         Sydney 34.7 (↓)       Melbourne 33.6 (↓)     Brisbane 39.0 (↑)      Adelaide 32.0 (↑)        Perth 42.6 (↓)       Hobart 30.0 (↓)       Darwin 21.9 (↓)       Canberra 33.2 (↓)       National Capitals 33.4 (↓)            AVERAGE DAYS TO SELL UNITS AND TREND         Sydney 33.6 (↓)       Melbourne 31.2 (↓)     Brisbane 40.9 (↑)      Adelaide 32.6 (↑)        Perth 41.8 (↓)     Hobart 31.3 (↑)        Darwin 43.1 (↓)     Canberra 40.5 (↑)        National Capitals 36.9 (↓)           
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The Disconnect Between Remote Workers and Their Companies Is Getting Bigger

More people who work from home say they don’t feel a connection to the mission of their employers

By LINDSAY ELLIS
Fri, Aug 25, 2023 8:50amGrey Clock 3 min

People who work from home are feeling more disconnected from the larger mission of their employers.

In a new Gallup survey, the share of remote workers who said they felt a connection to the purpose of their organisations fell to 28% from 32% in 2022—the lowest level since before the pandemic. The findings are from a survey this spring and summer of nearly 9,000 U.S. workers whose jobs can be done remotely.

By contrast, a third of full-time office workers reported a similar sense of connection, nearly the same as last year. Hybrid workers clocked in highest, with 35% saying their companies’ mission made them feel their jobs were important.

The findings have broader implications for businesses worried about remote work’s effects on employee loyalty and team productivity. For now, many workers say remote work affords them the ability to focus on their essential duties and avoid some of the extracurriculars of office life. This leaves it to companies to try to foster that sense of connection.

In short, more remote workers appear to be approaching their jobs with “a gig-worker mentality,” fulfilling the basic responsibilities of the role rather than anticipating the broader needs of their team or company, said Jim Harter, chief workplace scientist at Gallup, which has tracked worker engagement since 2000. Most professional roles, he points out, tacitly include expectations that go beyond the actual work, such as mentoring others or spurring innovation.

“That’s much more likely to happen if they feel they’re part of something significant,” he said.

Despite the lack of connection, the Gallup survey showed 38% of people who work remotely full- or part-time are engaged, or enthused about their work, compared with 34% of in-office workers.

The conflicting metrics show bosses don’t have any easy answers as they try to provide flexible working arrangements yet fret about worker productivity. Nearly 30% of U.S. workers in remote-capable jobs work exclusively at home, according to Gallup, a share that hasn’t wavered much in the past year. One reason they score higher in Gallup’s engagement metrics than their office peers is that they say they have a clear idea of what’s expected of them.

Many managers are unsatisfied with the current setup. In a Federal Reserve Bank of New York survey of business leaders released this month, the majority said remote work helped in recruiting employees yet worsened workplace culture, team cohesion and mentorship.

“People are a little bit more prone to drift to other employment, feeling less attached to the workplace,” said Howard Liu, chair of the psychiatry department at the University of Nebraska Medical Center, where clinicians can work several days each week from home and see patients virtually.

There’s also a risk that senior faculty may not think to include junior colleagues on presentations or projects if they don’t run into them in person, Liu said. His department now plans large outdoor events each quarter and recently rolled out smaller-group meals, where about 10 colleagues—from clinicians to receptionists—sign up to eat together. The department foots the bill.

Companies are fine-tuning how they manage their remote workforces, adding more virtual check-ins and team-building activities. Some are also bringing them together physically at more critical moments in their work with their teams.

Mr. Cooper, a Dallas-based mortgage lender and servicer, introduced a “home-centric” work model last year, letting staff still mostly work at home while having them come into the office occasionally. But as mortgage rates climbed and business got tougher, the lender’s sales managers asked their teams to come in one to three days a week, said Kelly Ann Doherty, its chief administrative officer.

The managers felt on-site work would help team members learn more from each other, improve individual performance and feel more invested in the organization, she said. It’s paid off: Productivity has improved, and the teams have closed more deals since, she said.

At Microsoft, just over a quarter of teams work together in the same location, compared with 61% of them pre pandemic. The company is now using data from internal research on in-person work and employee surveys to guide managers on when it’s most effective to work face-to-face.

One early finding is that new hires who meet their manager in person in the first 90 days are more likely to ask colleagues for feedback and say they are comfortable discussing problems with managers. These workers are also more likely to say that their teammates ask them for input to inform decisions or solve problems, Microsoft said.

“Think about social connection as a battery—you need to charge that battery every once in a while,” said Dawn Klinghoffer, vice president for human-resources business insights.



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The Stock Market’s Breezy Summer Is Over. Investors Beware.

Investors are bracing for a bumpier fall stock market due to shifting odds of a Federal Reserve interest-rate increase and other macro challenges.

By Hannah Erin Lang
Tue, Sep 8, 2026 3 min

The stock market had a decent summer. Investors are bracing for a bumpier fall.

In the past couple of months, equity investors cheered soaring profits at big companies, shrugged off jitters in the bond market and nudged megacap tech shares back near records.

Now, as the post-Labor Day stretch begins, a number of new challenges lie ahead: ever-shifting odds of an interest-rate increase from the Federal Reserve. Sky-high expectations after a stunning earnings season. The persistent threat of higher consumer prices as fighting in the Middle East drags on.

“You’re moving from this earnings-driven market to this macro-driven market with the Fed, inflation and interest rates in focus,” said Keith Lerner, chief investment adviser for Truist Advisory Services. “It tends to be a choppier period.”

Historically, every major U.S. stock index experiences its worst average return in September. The Dow Jones Industrial Average has slid an average 1.1% in the ninth month of the year, in data that dates back to the 19th century. The S&P 500 has seen the same average decline—and for every September dating back to 1928, the benchmark ends the month lower more than half of the time.

Analysts caution against reading too much into those seasonal patterns. But in recent weeks, new reasons for investor caution have emerged. One of the largest: the looming threat of an interest-rate increase from the Fed, which announces its next policy decision on Sept. 16.

Chairman Kevin Warsh’s decision to ditch forward guidance and take more of his cues from markets has muddied the waters for investors when it comes to monetary policy. That has left traders scouring Fed governor speeches and economic-data reports for clues on the central bank’s next move.

“There’s going to be a lot of eyes on those numbers,” said John Luke Tyner, head of fixed income and portfolio manager at Aptus Capital Advisors.

The past couple of weeks offered just one example of how frequently those expectations can change. After Warsh struck a hawkish tone during remarks on Aug. 28, the odds of a hike at the Fed’s next meeting jumped from 35% before the speech to 58%, according to CME FedWatch data.

On Thursday, Fed governor Christopher Waller made a case for leaving rates where they are. Interest-rate futures showed coin-flip odds between a hike and a hold. Then Friday’s robust jobs report amped up rate-hike bets once more, back to a roughly 60% chance of higher rates after the meeting.

“Rates have really been driving the car for equities the last few weeks,” said Ross Mayfield, an investment strategist at Baird.

That uncertainty comes as an unruly bond market could put pressure on stocks. Treasury yields have marched higher for much of the summer, driven by concerns about rising oil prices, growing U.S. budget deficits and a deluge of tech-company bonds now competing for investors’ cash. Last week, the rout went global, pushing yields to multiyear highs in Japan, Germany and the U.K.

Higher bond yields can drag on stock prices and lift borrowing costs for companies and consumers across the economy.

Rising prices remain the top concern for bond traders, and continued fighting between the U.S. and Iran has done little to ease those worries. The national average price of diesel climbed to a record of $5.850 on Friday, according to AAA. That is up from $3.712 a year ago.

Investors will get more insight on the path of prices this week, with the much-awaited consumer-price index report due Friday and a reading on producer prices Thursday.

With another blockbuster earnings season in the books, some analysts have also warned that any boost from the third-quarter reports due in the coming months could be minimal. Back-to-back quarters of standout profits have raised expectations and made it especially difficult to impress traders. Custom-chip company Broadcom, for example, said Wednesday that it more than tripled its earnings and nearly doubled its revenue. Shares slipped 2.7% the next session.

Many analysts note there are plenty of reasons not to panic. The economy is in impressive shape, thanks to a healthy labor market and the rippling effects of the artificial-intelligence investment boom. Profits are booming at America’s biggest companies. The Cboe Volatility Index has dropped to its lowest levels of 2026. Credit spreads are tight, a sign bond investors aren’t concerned about economic conditions that could hurt companies.

But the mood has shifted from the euphoria that felt tangible when the Nasdaq was notching back-to-back records early this summer. The question, Mayfield said, is whether the fundamentals that have bolstered the bull market so far can stretch the rally into 2027.

“There are more anxieties or uncertainties about the backdrop,” he said. “It does feel like a transitional moment.”

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