Changes in the Labor Market: What Are Employees Asking for?

As the pandemic has changed the ways of accomplishing tasks and telecommuting has gained ground in all markets, flexibility in terms of where and when to work will be one of the factors most valued by employees in this new reality.

Thursday, June 3, 2021

The threats caused by the spread of Covid-19, caused companies globally to look for new ways of working. Most teams chose to readjust their dynamics and focused on promoting remote work.

Managing teams and meeting organizational objectives were the most important challenges at the beginning of the pandemic, as changes in the ways of operating meant leaving traditional methods behind.

In this context in which vaccination plans are advancing and in some countries a new normality is returning, business leaders are busy visualizing the future of the labor market.

According to some research that has been conducted, most workers now prefer the flexibility of being able to work at home, however, there are those who wish to return to the office. The challenge for companies will be to reconcile these trends. reports that according to the study conducted by EY "Work Reimagined Employee Survey 2021", it states that "... 9 out of 10 employees interviewed want flexibility in terms of where and when they work. Additionally, 54% say they are likely to quit if they are not given the flexibility they want, with millennials being twice as likely to quit as baby boomers."

The article adds that "... this represents a great challenge for organizations that intend to assume this new scheme as permanent and must provide all the means for this scheme to be truly sustainable over time. Of particular relevance are the areas of Human Resources, which today more than ever must become a strategic ally of the organizations in this transition".

Around one-fifth of respondents expect to continue working fully (five or more days) in the office after the pandemic and almost two-thirds want to continue traveling for business after the pandemic (compared to 49% in the June-July 2020 survey), the publication highlights.

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