Hybrid work boosted employee satisfaction and productivity, slashing attrition by 35%, according to a study published this summer.
If the U.S. job market continues to weaken next year, companies will be emboldened and may pull back on letting employees work remotely.
Hybrid work boosted employee satisfaction and productivity, slashing attrition by 35%, according to a study published this summer by researchers at Stanford University, the University of Chicago and the Instituto Tecnológico Autónomo de México. “In any economic environment, top talent always has outside options,” said Choudhury, who studies remote work.Remote work opens recruiting to a bigger geographic area and a larger talent pool. That’s a major advantage, especially for specialized roles where qualified candidates are hard to find. It also gives employers, such as the US Department of Veterans Affairs, which has struggled to convince people to move to Washington, a better shot at winning talent from tech hubs on the West Coast.
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