Remote and hybrid work have been linked to higher employee satisfaction, leading to a trickle-down effect that improves the health and wellness of workers. However, how do these arrangements impact the business itself?
FlexJobs has released the results of its annual 2022 Remote Work Stats and Trends Report, exploring how remote work is perceived by the masses and why flexible models have led to a Great Awakening of what the workplace can look like.
According to Flex Jobs’ Employee Engagement Report, nearly half (48%) of employers said they would maintain some form of flexibility. Amidst the remote work discourse, this figure shows that even leaders have a clear understanding of what is at stake if flexible benefits are taken away.
Without offering some semblance of flexibility, employers not only sacrifice healthy levels of productivity, but they also risk losing in the competition for top talent in a time when the job market is red hot.
In fact, another FlexJobs survey showed that 57% of employees would leave their job without a remote work offering and 77% named remote work as the second-highest workplace benefit they desire.
Research shows that a distracted workforce can cause businesses to lose up to $600 billion annually, which could be offset by the 35% to 40% increased productivity seen by remote workers.
Although relinquishing power over workplace location has been a struggle for many leaders, it’s clear that the arrangement is mutually beneficial.
