If you were working in an office before COVID hit, you probably have noticed by now how much has changed. In this post we’ll look at the major working trends of 2022 and how different it’s become. So let’s take a deeper look into the new world of working from home.

Finding Talent During Inflation 

For companies that don’t have vast financial resources, finding and retaining talent while fighting rising inflation poses a serious challenge. It won’t matter if a business offers an additional 2-4% increase in salary if that money doesn’t come with more purchasing power for employees. 

Work Hours Reduced

Businesses are lowering the number of hours required as a way to lure new talent. The way it usually goes is that  as an employee’s salary increases, so too does their responsibilities and hours worked. But free time has become a big selling point in today’s professional world, so businesses with less spending power are taking advantage of this. 

Flexibility

The days of the average Monday through Friday, 9 am to 5 pm work schedule is quickly becoming a thing of the past. Employees nowadays want flexibility in when and where they work. In fact, it could be the deciding factor between businesses competing for their talent. There are a couple of reasons why turnover rates will continue to rise. 

Peer Pressure 

The first factor has to do with the social and emotional connections people have with their job. As working from home becomes normalized, peer pressure decreases. In other words, employees who wanted to leave their jobs previously would be persuaded to stay longer by their co-workers when they were in an office. It’s easier to make that decision if the majority of your time spent at a company is done through your laptop at home. 

Why The Long Commute

Another reason for sustained job turnover rates is that employees can work for a company that is far away from them. Remote work has totally changed people’s minds when it comes to their daily commute. If someone only has to be in an office once or twice a week, they are much more willing to travel greater distances. Companies that were formerly too far away from where they lived now come onto their radar. 

A New Way To Work

Now that people have gotten a taste of work life outside of the office, companies are adapting to the lifestyle. For those interested, Indeed has many remote work opportunities across all industries. It will be interesting to see how remote work continues to grow in popularity over the next few years.