Surveys have found that workers will consider leaving a job depending on their company’s remote and hybrid work policy.
Organizations that do not recognize that workers want choice and flexibility regarding where and when they work stand to lose the war for talent. Some companies are well aware that employees have the upper hand, which is why they are offering higher wages, signing bonuses, and remote/hybrid work arrangements.
Companies that go back to pre-pandemic office usage are the most likely to see an exodus of talent. Beyond that, they could also lose out on potential savings. According to data, employers can save about $11,000 per year for each worker who works remotely half of the time.
Remote and hybrid work are a win-win for companies and employees alike.
Companies hoping to implement a hybrid work arrangement need to take the following elements into consideration:
How they will manage the shift to hybrid work, specifically, how the company’s management style will need to evolve.
Secondly, they need to carefully consider the messages that the company is sending. Leaders need to make sure that they are addressing employee concerns; great communication is key to hybrid work success.
Lastly, companies will need to ensure that they keep remote and hybrid employees engaged.