Companies that have ended working from home have seen an increase in quits: survey.
Companies that have announced an imminent return to offices, ending the work-from-home model for employees, have faced massive attrition. In August, employee quits at companies that issued a diktat calling all employees back to the office rose 29%, while those that allowed remote working or adopted a hybrid model saw attrition of 19%. %.
Employees clearly prefer remote work over other presence models.
Up to 70% of the 700 companies surveyed were operating in hybrid mode in August 2022, up from just 48% in January 2022, according to the survey.
Companies such as PepsiCo, RPGGroup, Mercedes-Benz India, Tech Mahindra, and Maruti Suzuki have taken a flexible approach to employee attendance models.
S Venkatesh, Group President (Human Resources), RPG Enterprises told the Economic Times that all offices at the company are open and productivity has not been affected so far.
Automaker Maruti Suzuki is among the 23% of companies surveyed that allowed their employees to work from both onsite and offsite locations.
Most survey companies have taken a hybrid approach, particularly for roles that can continue to work from home and in the office as needed.
The survey results point to a broader trend that companies are taking a flexible approach in order to balance employee preferences and business requirements.
