NYU professor: Remote work unlikely to lead to CEO status and wealth

In a recent interview with Insider, NYU professor Suzy Welch warned Gen Zers who prioritize remote work and work-life balance that they may face consequences in terms of their career progression and financial rewards. Welch, who is a professor at NYU Stern School of Business, believes that those who choose to work remotely may have a different definition of success compared to others. She suggests that these individuals are unlikely to become CEOs but adds that maybe that's not what they want.

Welch points out that those who have experience working in traditional office environments understand the benefits of being physically present and the magic that happens when people work together. Her perspective aligns with that of another NYU professor, Scott Galloway, who previously stated that young people should not be at home if they want professional and romantic success.

While a Deloitte survey found that nearly half of Gen Z and millennials consider work central to their identity, they also prioritize work-life balance. This is evident in the emerging workplace trends on platforms like TikTok, where concepts like "lazy-girl jobs" and the "snail-girl" lifestyle encourage women to pursue low-stress jobs with high pay and minimize their workload.

However, Welch cautions that those who choose these lifestyles may be in for a surprise when they don't reap the same financial rewards as their more hardworking peers. She emphasizes that success has never been achieved by simply showing up to work from 9 to 5, and that facing stress and making trade-offs are inevitable parts of adulting.

Welch advises Gen Zers to confront their anxiety and stress head-on, suggesting that while anxiety disorders are serious, she is referring to the "garden variety anxiety" or stress that her generation faced. For example, she mentions that someone may have to skip a party to deal with clients and succeed at work.

In conclusion, Suzy Welch's warning to Gen Zers about the potential consequences of prioritizing remote work and work-life balance is based on her belief that success may require more than just these choices. While work-life balance is important, Welch urges young people to confront stress and make trade-offs to achieve their desired level of success.


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