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 work for the Rainforest company.
I genuinely believe that they are hoping, if not praying that RTO results in a huge chunk of people leaving. Alongside forcing people back to the office, they’re now pushing people to relocate to main offices, and limiting teams from hiring internally.
I’d say the same is for many big companies. They’re absolutely desperate for people to leave in order to cut costs and look lean to investors while they take in record profits.
Not everyone can have the luxury of working from home. Most knowledge workers can. Cooks and waitstaff, teachers, mechanics, etc. have to work at the “office”.