Companies are cutting office space to save money as employers say that productivity is not an issue for employees that work remotely. 

According to Mercer, an HR and workplace benefits consulting firm, 94% of 800 employers surveyed, report that remote employees' productivity was the same as or higher than it was before the pandemic. 

According to a Global Workplace Analytics report, an employer can save approximately $11,000 a year for every employee who works remotely half the time. 

Additionally, managers report that they are generally satisfied with their employees' work performance, said the Global Workplace Analytics report. Also, according to the report, workers say that they are 77% completely productive with their remote work situation. 

It's turning into a trend as well. 

As technology gets easier to use and with many forced to try more ways to conduct remote meetings during the COVID-19 pandemic, it is making remote working seem not that difficult of a transition. 

Global Workplace Analytics said in a recent Telecommuting Trend Data report, individuals and companies are moving away from both the term "telework and telecommuting" in favor of remote work, work-from-home, distributed work and mobile work. 

And there are some new terms coming out as well. 

The term "hybrid-remote" means a mix of on-site and remote work, according to Global Workplace Analytics. Another popular term gaining in popularity is "work anywhere," said Global Workplace Analytics.

At the peak of the pandemic, 69% of U.S. employees worked from home; currently, 5.7 million employees, or 4.1% of the employee workforce, currently work at home half-time or more, according to Global Workplace Analytics statistics from June of 2021. 

Additionally, regular "work-at-home" positions have grown 216% since 2005, more than 11 times faster than the rest of the workforce and 54 times faster than the self-employed population, according to the June 2021 Global Workplace Analytics statistics.