• Senior employees are increasingly leaving firms who make them com

    From TechnologyDaily@1337:1/100 to All on Wed May 15 15:45:05 2024
    Senior employees are increasingly leaving firms who make them come back to
    the office

    Date:
    Wed, 15 May 2024 15:31:46 +0000

    Description:
    Companies are still pushing for more in-person working, but unhappy leaders are looking for more flexible jobs.

    FULL STORY ======================================================================

    New research has shed light on the negative impacts of companies return-to-office mandates, with more senior workers apparently fighting back against the rules.

    A study conducted by researchers from the University of Michigan and the University of Chicago found senior-level employees are actively leaving companies including Microsoft, Apple and SpaceX in favor of working for companies that promote more flexible and hybrid working setups.

    The study analyzed resume data from tech workers who had been affected by office-working mandates, choosing notable firms such as those above for their early re-implementation of in-person working. Workers still arent happy with office working

    The research found Microsofts policy, which required workers to spend half their week in front of a desk in their formal workplace, resulted in a 4% increase of sub-senior vacancies. Apples policy attracted a similar number of walk-outs, while SpaceX saw a staggering 15% loss of senior talent.

    Interestingly, the study also paid close attention to workers post-departure destinations, noting that many Microsoft workers had transitioned to
    companies like Intel, Amazon, Dell and Meta.

    Furthermore, the study warns of the border implications of RTO mandates, highlighting the need for a better balance between remote and on-site work policies.

    The study concludes: Our findings imply that return to office mandates can imply significant human capital costs in terms of output, productivity, innovation, and competitiveness for the companies that implement them.

    As more companies adopt similar in-person working policies driven by the belief that such environments foster a more productive workplace, and others continue cost-cutting measures including layoffs, the impact of such mandates on talent retention could become even more apparent. More from TechRadar Pro Check out the best hybrid working tech around today Weve rounded up all the best productivity tools on offer right now More and more workers are being forced back to the office - and they aren't happy



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    Link to news story: https://www.techradar.com/pro/senior-employees-are-increasingly-leaving-firms- who-make-them-come-back-to-the-office


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