We're now finding out the damaging results of the mandated return to the office-and it's worse than

[Eugene]

Source: Fortune

We’re now finding out the damaging results of the mandated return to the office–and it’s worse than we thought

Gleb Tsipursky
Updated Tue, August 1, 2023 at 8:38 AM EDT

We’re now finding out the damaging consequences of the mandated return to office. And it’s not a pretty picture. A trio of compelling reports–the Greenhouse Candidate Experience Report, the Federal Reserve’s Survey of Household Economics and Decisionmaking (SHED), and Unispace's "Returning for Good" report–collectively paint a stark picture of this brewing storm.

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 2-3% pay cut.

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Read more: https://news.yahoo.com/finance/news/now-finding-damaging-results-mandated-095555463.html

[bucolic_frolic]

1. No surprise. Cheaper and more convenient to work from home.

[RainCaster]

2. We learned to love the extra time with our families

I've been doing this for 25+ years now, and nobody will convince me to return to an office full time. No way, not no how.