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The impact of opportunity cost on personal and professional life
Evaluating the benefits and drawbacks of different choices
Understanding the concept of opportunity cost
A study by the research firm Gartner found that a hybrid work model significantly boosted employee engagement and sense of inclusion.
Remote work can also lead to a sense of isolation among certain employees. A Gensler Research Institute survey found respondents missed most about being in an office were meeting and socializing with colleagues. Further, 7 out of every 10 employees felt more isolated after switching to remote work.
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The pandemic era phenomenon known as “The Great Resignation” has seen millions of employees voluntarily leaving their jobs. 48 million of them abandoned their jobs in 2021, according to data from t...
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Employees value greater flexibility, and any sweeping form of transformation that fails to address this is missing an essential target. Leaders often fail to realize just how important genuine flexibility is—so much so that their views of it differ substantially from that of their workforce.
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When work shifted to remote settings for many employers in early 2020 due to the pandemic, companies assumed the situation would be temporary. However, as months stretched into years, much of the working population found that they enjoyed working remotely, at least part of the time.
68% of...
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Employers wondering how to keep their employees happy post-pandemic don’t have to look far. Office workers are placing more and more value on the flexibility and personal autonomy that remote work provides far from the distractions of the office.
An April 2021 FlexJobs sur...
Surveys show that two-thirds of large employers intend to have a mainly hybrid schedule after the pandemic ends for non-front line employees, with some fully remote and some office-centric.
Employee surveys show that two-thirds to three-quarters of all workers who can work at least som...
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