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CEO: RTO is an expensive mistake
According to Remote Worker CEO Joseph Boll, the new data shows just how much of a costly mistake RTO is proving to be.
By: Remote Worker
Remote Worker is an online jobs board and resource website for remote workers, remote work jobseekers, and hiring managers, employers and HR personnel seeking to recruit and hire the top talent for remote positions.
"Remote Worker has long cautioned of the dangers of forcing employees to return to the office," said Boll. "Not only does remote work come with tons of benefits for employers and employees alike, but actually doubling down and insisting on going back to the old way of working is actively harming your organization. Now, new research is showing that of the companies that enforced return-to-office policies, more than 50 percent saw an increase in turnover, and while turnovers cost businesses millions of dollars this year alone, you are actually losing money by refusing to evolve with the modern workforce."
Notably, companies that did not enforce RTO and that continue to work remotely did not report the same challenge with high turnovers, which is not surprising given that American workers have consistently rated remote work as the job environment of choice throughout the year. Research undertaken by job search giants like LinkedIn and Indeed Hiring Labs have found that while remote jobs only make up a fraction of job postings, they attract the most applicants — and therefore the widest talent pool — by a long shot. Given the highly competitive labour market, considering labour shortages and an ongoing Great Resignation, offering remote work is not only a way for companies to win the "war for talent" but to actually prevent themselves from sinking under on the whole. The stakes are even higher considering that some experts believe the "Great Resignation"
About Remote Worker (US)
Remote Worker is designed to help hiring managers and businesses connect with job-seeking professionals for remote work positions. We are affiliated with Remote Worker (UK), ClickJobs.io and Caribbean Employment Services Inc. For more information, visit https://www.remoteworker.jobs or contact firstname.lastname@example.org.
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