What is the current relationship between teleworking and human capital?
Leaving behind the time of heavy restrictions due to the pandemic and with the return to face-to-face work, many workers are rethinking what benefits their company brings them. Well-being, in terms of health and work-life balance, have gained great weight among preferences when looking for employment or new job opportunities; Similarly, access to digital tools that facilitate work, communication and process automation is valued.
The option of flexible employment increases the worker’s motivation and makes the company more attractive to work for. That is why remote or hybrid work is a good strategy to retain and attract talent.
Mentioning some studies, we can indicate some statistics:
According to a Microsoft study on work trends (of more than 30,000 people):
- 52% would leave their current job if they can work remotely or hybrid in another company.
- 73% want flexible work options to stay with the company.
- 53% prioritize health and well-being over work.
According to theAmerican Research Institute ADP (surveyed more than 32,000 workers worldwide):
- 64% would consider changing jobs if they return to full-time face-to-face work and under the same conditions as before.
- 52% of workers would accept a reduction in their pay if they were allowed to work flexibly.
According to a study by Mckinsey:
- 52% prefer flexible work after the pandemic.
- More than 50% want to work from home three days a week or more.
At Psicotec, during these two years we have managed various selection processes and we can conclude that, after 2020:
- More than 60% of workers reject job changes to face-to-face models, even if this means a salary increase or a higher position (they prioritise flexibility, commitment to their current company, work-life balance, saving time on travel, etc.).
- Unemployed candidates refuse to participate in selection processes when the position is 100% face-to-face. This figure is significant in people under 30 years of age and in positions without staff in charge. They prioritize health and well-being over employment, or prefer to dedicate their time to training while continuing to search for more flexible options.
- The average time to close a selection process increases considerably when the working conditions are 100% face-to-face.
It is possible that the change in working conditions implies a brain drain.
People also choose where to work; they are looking for companies that share their values and a pleasant work environment. Talent will escape rigidity.
If we want to be an attractive company, we must reinvent ourselves and offer flexibility; so hybrid work is a competitive advantage to attract and retain talent.
At Psicotec, we advise you and help you find and select the talent that best suits your work model, also complying 100% with the requirements of the ISO 10667 standard.
Achieving the commitment of our employees will have a positive impact on the productivity and profitability of the business. What do your workers think about the changes applied or the new measures adopted? Psicotec, through work environment studies, measures the employee satisfaction index and engagement; proposing recommendations and actions for improvement.
Only by investing in the Talent of our organizations will we be able to become highly successful companies.