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October 4, 2021
Employers and employees are seeing the post-pandemic future of work very differently. While employers are keen to get back to a significant in-person presence, employees want to retain at least some elements of remote work. This broadening disconnect is likely to trigger a spike in attrition and disengagement, according to a new McKinsey report.
As organizations grapple with the challenges of what a return to the office should look like, McKinsey conducted a study recently to gauge the views of leaders and their direct reports about the uncertain terrain before them. Here’s how the participants responded.
What employers expect
What employees want
What’s coming next?
With workers across the globe leaving their companies at a higher rate than normal, the much-hyped great attrition of 2021 (and 2022, and even 2023) seems to be shaping up. An April 2021 survey by Prudential Financial found that 26% of workers in the U.S. plan to look for new employment opportunities. Some 40% of workers globally are considering quitting their current jobs 2021’s end, cites a March 2021 report by Microsoft.
In all likelihood, the discordant views of employers and employees on returning to work will surface in the form of reduced engagement, a greater reluctance to work longer hours and attrition in the coming times.
What should employers do?
In the enthusiasm about the return to in-person work, employers risk exacerbating the disconnect with employees. Here’s how businesses can address the issue:
Employers should not underestimate the schism between themselves and their employees about the future of in-person work. The divide runs deep and should be considered a reckoning.
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