Microsoft’s 2022 work trend Index report highlights why there is no going back from remote and hybrid work.
A study conducted on 31,000 people across 31 countries, paired with linked-in trends and MS 365 insights, revealed that work experience in the past 2 years is changed forevermore.
Microsoft 2022 Work Trend 1/5
Employees are still evaluating whether their work is ‘worth it’; priorities have shifted with more focus on well-being, hence the Great Reshuffle will continue. Key findings include:
70% of Gen Z/ Millennials are considering additional projects or income other than their day job
Half the workforce either intends to change employers this year or is prioritizing health over work
57% of remote employees are considering shifting to hybrid
51% of hybrid employees are considering shifting to remote
38% of respondents are considering moving, as they can work remotely
The top 5 reasons people quit in 2021 according to the study were:
personal wellbeing – 24%
work-life balance 24%
risk of getting COVID-19 – 21%
confidence lost in senior management – 21%
No work flexibility – 21%
Also identified were the Top 5 aspects employees deem most important for employers to provide:
Positive culture – 46%
Mental health benefits – 42%
A sense of purpose – 40%
Flexibility in work hours – 38%
More than 2 weeks paid vacation – 36%
Conclusion: To drive long-term growth, employers must understand employee demands and turn them to their advantage by building a more inclusive culture.
Keep visiting the Premier BPO trends page for more insights on the Microsoft study.