July 2022
While remote and non-remote workers win roughly the same number of promotions, remote workers’ salaries tend to grow more slowly over time. These findings suggest that, despite remote work becoming increasingly common, proximity bias might not be dead – there is still a cost to not showing up in the office. (The Wall Street Journal)
High inflation, a looser labor market, and the looming threat of recession could weaken the work-from-home revolution, according to labor market experts. With more companies beginning to pull back on hiring (and some even rescinding job offers), managers will likely have more leverage to dictate working conditions, even a return to the office. (The Atlantic)
Gen Z may get attention for their workplace demands, but their older siblings are the ones betting big: Around two-thirds of executives report Millennials as having the highest churn rate at their companies. The likeliest driver for their departures is a desire to work remotely, with 57% of Millennials saying they would switch to a job with more flexible remote work options, even if it meant taking a pay cut. (Fortune)
Research shows that the “pace of change” in the workplace over the last five years has sped up, with the vast majority of positions changing more between 2019 and 2021 than 2016 to 2018. While this is largely attributed to the pandemic, other long term forces also highlight how quickly organizations should be able to adapt to change and how critical agile leadership is. (Emsi Burning Glass)
Digital collaboration tools are more prevalent than ever, but shared documents come with unique challenges. Collaborative programs are certainly useful, particularly when working remotely, but managers should take note: Many employees find working in shared documents distracting and overly public, often choosing to first draft their thoughts privately. (The Wall Street Journal)
The two most sought after skill changes (across all industries) are digital skills in non-digital occupations and soft skills in digital occupations. While this may seem counterintuitive, it simply shows that managers are placing a higher emphasis on well-rounded hires who can learn new things quickly while working well as part of a team. (Emsi Burning Glass)
Some companies embracing remote or hybrid work models are investing in digital HQs – digital hubs for employees that underpin an organization’s operations, output, and culture. Some benefits of shifting to a digital HQ can include fewer internal emails, higher individual and team productivity, and faster group problem solving. (Worklife)
According to a new poll, K-12 educators are the most likely to feel burned out at work (44%), while those working in finance are the least likely to report burnout (21%). Not all white-collar workers are so relaxed though; college and university workers (35%), those working in professional services (33%), and government and public policy employees (33%) are also feeling the pressure. (Gallup)