Over the past year, millions of women globally have left the workplace due to job loss or child-care demands, resulting in at least $800 billion in lost income in 2020, according to Oxfam International.

As business leaders start to map out their plans for bringing employees back to the office, new data from Catalyst, a global nonprofit that focuses on building workplaces that are equitable for women, finds that long-term remote work options could be the key to retaining more women in the workplace.