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.
As someone who contributed to the ‘high level of attrition’ during a forced return to office: it was my pleasure and I’ll do it again.
Same here. Took a 3% pay cut for 2 years and also upgraded my management team from ‘fuckwits’ to ‘really great’. So, win-tax-win.
Thank you for your service (‘-’)7
I regret that I have but one job to quit.