With as many as half of workers saying they'd rather quit than go back to the office full-time, how can company leaders retain talent? Some advice from Gleb_Tsipursky
Studies show that half of employees are currently willing to quit if not given their preferred work arrangements.
Marvin told me he was willing to update his beliefs as he sees people as the most important resource. I found this admirable since many fail to live by that maxim, resulting in bad decisions which devastate employee morale, such as the current call to return to the office.Studies on full-time employees' preferred work arrangements revealed that about half were willing to quit if not given their preferred work arrangements.
For example, a host of large companies — ranging from insurance giant Nationwide to tech firm Facebook to financial major drugmaker Novartis — decided to let many or all of their employees who can do so work from home permanently. Many more, such as Citigroup, Ford, Google, Microsoft, Siemens, Salesforce, and Target, announced a switch to a permanent hybrid model of 2-4 days of remote work after the pandemic.
Leaders cited employee retention as a primary concern for the shift to hybrid-first models. Internal surveys on remote work preferences matched the large public external surveys indicating a strong desire among most employees for hybrid work. A substantial minority — in a portion of companies, a majority — wanted fully remote work.
Firstly, internal surveys showed that many employees moved away from the corporate office location during the pandemic. Secondly, the spring 2021 recruitment surge as companies stepped up their hiring for the post-pandemic recovery gave employees many opportunities, highlighting the need for employers to be able to offer hybrid and fully remote options to recruit and retain the best employees from a wider talent geographic pool.
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