- Employees’ priorities have changed – Personal well-being and work-life-balance were the top two reasons people quit their jobs. Not getting a promotion or raise was number seven on the list.
- Employers need to make it worthwhile to come in the office– If people are going to sit at a desk all day, they would rather do it at home.
- Work Relationships Matter– Building strong relationships with team members increases productivity, mental well-being, employee retention, and trust. Trust leads to more innovation and creativity -and, of course, productivity.
Here are some other interesting stats from the article:
- 1 in 7 jobs offers a remote work option, and remote jobs on LinkedIn get nearly 3x more applicants.
- Hybrid work is up 38% year over year.
- Most employees are considering shifting to hybrid or remote work. Half of leaders say their company requires or plans to require full time in-office work.
- Meetings under 15 minutes are 60% of all Microsoft Teams meetings.
- 9-11 AM is still the most used meeting time, but 2-3pm is rising in popularity.
If you would like to talk hybrid work and how that affects your office plans, please call me. I help clients with their leases, purchases, and strategy every day.
Great Expectations: Making Hybrid Work Work
From when to go to the office to why work in the first place, employees have a new “worth it” equation. And there’s no going back.
2022 Work Trend Index: Annual Report | Published on March 16, 2022
Illustration by Sébastien Thibault
We’ve been on the cusp of the shift to hybrid work for more than a year, with false starts attributed to a pandemic that had other ideas. Now, we’re at a long-awaited inflection point: the lived experience of hybrid work.
Already, hybrid work is up seven points yearover- year (to 38%), and 53% of people are likely to consider transitioning to hybrid in the year ahead.1
One thing is clear: We’re not the same people that went home to work in early 2020. The collective experience of the past two years has left a lasting imprint, fundamentally changing how we define the role of work in our lives. The data shows the Great Reshuffle is far from over. Employees everywhere are rethinking their “worth it” equation and are voting with their feet. And as more people experience the upsides of flexible work, the more heavily it factors into the equation. For Gen Z and Millennials, there’s no going back. And with other generations not far behind, companies must meet employees where they are.
As leaders puzzle over how to make hybrid work work, big questions loom: What is the role of the office? How do teams build social capital in a digital-first world? The challenge ahead for every organization is to meet employees’ great new expectations headon while balancing business outcomes in an unpredictable economy.
To help leaders navigate the uncertainty, the 2022 Work Trend Index outlines findings from a study of 31,000 people in 31 countries, along with an analysis of trillions of productivity signals in Microsoft 365 and labor trends on LinkedIn. While we’re all learning as we go, the findings reveal an urgent opportunity— and responsibility—for leaders to approach the transition with intention and a growth mindset, or risk being left behind.
Read the full report here.