The State of Corporate Travel and Expense 2022 21 SKIFT + TRIPACTIONS THE RISE OF REMOTE WORK AND TEAM TRAVEL Another area of growing interest for companies and business travelers is how much impact remote work will have on company culture and business travel demand. Noting that the pandemic has, for the first time, “elevated the importance of the physical dimension of work,” McKinsey, in its February 2021 “The future of work after COVID-19” report, finds that “jobs in work arenas with higher levels of proximity are likely to see greater transformation after the pandemic , triggering knock-on effects in other work arenas as business models shift in response.” One clear sign of the departure f rom the off ice- centric model is the wave of remote job listings and company rankings of remote-friendly firms. Forbes, for example, now ranks “The Top 100 Companies For Remote Jobs In 2021.” Leading recruiter Indeed has also compiled a list of “Top 100 Remote Work Companies.” Meanwhile, LinkedIn saw a 5x increase in remote work job listings during the pandemic. Despite all this, companies are adopting the remote or hybrid model to varying degrees by industry, which makes a sweeping depopulation of the traditional workplace unlikely. This year’s survey found, for example, that only 15 percent of business travelers and 23 percent

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