I've noticed this as a senior engineer working for a fully remote organization that I'm delivering more, working harder and longer hours but there is zero talk of me getting a bonus or being promoted. Just more work. I had to start asking questions about it the other day.
This is my second remote job and the same experience. In between my fully remote positions I worked in an office, I was promoted and offered bonuses.
Maybe physically seeing a person working hard used to provoke some sympathy from management to offer promotions and pay rises?
The other thing I've noticed is that it seems now everyone is going remote, people are just working 12 hour days without hesitation. Whereas before, there were hard works and more relaxed types. What excuse does one have not to attend a 6am meeting when "all you have to do is open zoom"?