The number one call we get from applicants is the desire for remote or hybrid work, and they're generally willing to take pay cuts of up to $40,000. That's how important it is to today's workforce.
We see on average 1,200 applications for remote positions, whereas jobs that require onsite work will only get about 50.
In March of 2020, employees saw how quickly corporations adapted to remote work, something many corporations had previously said was impossible.
You must calculate your turnover costs. How much time [is spent] onboarding and then removing new employees who leave after a few weeks or months in search of greater flexibility?
You have to spend money on the front end to make opportunities more attractive, or risk losing the money on the back end from lack of employee retention.
#remote-work #employee-preferences #workforce-flexibility #employee-retention #generational-differences
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