Recession fears are leading companies to tighten their belts. Simultaneously, workers are demanding more from their employers than ever before. Is there a middle ground?Ā
Perhaps. Ā
According to new data from LinkedIn, todayās labor market is divided into two distinct groups: remote work seekers and in-office work seekers.
Remote work has opened a world of possibilities in what it means to be an efficient, productive and satisfied workforce. It could also be the answer to the increasingly tight labor force.Ā Ā Ā
Companies have touted various benefits and perks in an effort to bring in employees. Casual Fridays and catered lunches are just a few examples of how leaders have tried to spark employee engagement, but these antiquated methods are better left in the pre-pandemic era.Ā
Today, professionals want choice and a voice, both of which they had little of pre-2020. In the last few years, employees have explored and discovered exactly what does ā and doesnāt ā motivate them. For many, being in the office fell in the latter category.Ā
Even more, labor tightness was more prominent among in-person work as remote jobs swoop in to grab high-skilled workers.Ā
In fact, remote and in-person work sat on polar opposite sides of the talent attraction spectrum. Ā
For every worker looking for an in-person position, there were two job openings. On the other hand, data showed that there were two applicants for every remote job opportunity in the U.S.Ā Ā Ā
This provides a tangible lesson for employers: if job applications are stagnant, loosening workplace restrictions and expanding flexible options could be a starting point in driving interest.Ā