What your company’s telecommuting policy has to do with your kids’ futures

Job flexibility could play a big role in your children’s financial success.

Job flexibility could play a big role in your children’s financial success. If you want your kids to be more financially successful than you, you might want to take a closer look at your office’s work-from-home policy, according to a new research paper from the Federal Reserve Bank of St. Louis.

The paper’s authors (George-Levi Gayle and Limor Golan of Washington University in St. Louis; and Mehmet A. Soytas of Ozyegin University) analyzed several factors related to economic mobility to determine which affected families most, finding that the lack of flexibility in a job was one of the largest determinants […]