Surprising no one but the mgmt teams…
Unispace found that nearly half (42%) of companies with return-to-office mandates witnessed a higher level of employee attrition than they had anticipated. And almost a third (29%) of companies enforcing office returns are struggling with recruitment. In other words, employers knew the mandates would cause some attrition, but they weren’t ready for the serious problems that would result.
Meanwhile, a staggering 76% of employees stand ready to jump ship if their companies decide to pull the plug on flexible work schedules, according to the Greenhouse report. Moreover, employees from historically underrepresented groups are 22% more likely to consider other options if flexibility comes to an end.
In the SHED survey, the gravity of this situation becomes more evident. The survey equates the displeasure of shifting from a flexible work model to a traditional one to that of experiencing a 2% to 3% pay cut.
I bought a house that’s further away from where my office was than I’d have ever considered buying if not for the permanent wfh change made during the pandemic.
I’m now a minimum of an hour away from where most jobs would be in-person, and that’s not something I’m ever willing to do again.
I also did this, and as a family we’re much happier, but recent return to office mandates now mean I travel 1.5 hours each way 3 times a week, also at a cost of $80 in petrol.
We’re not willing to give up our life to move back, so I am definitely keeping eyes open for similar paying jobs that have less in-person requirements.