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UK businesses risk losing a third of their workforce if hybrid working is abolished

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Research from Thomas International (“Thomas”), the global talent assessment platform provider, proves the adoption of hybrid working could determine whether UK businesses survive, or thrive in a post-pandemic world. 

The research, from Thomas’ UK customer base, found that a third (33%) of UK workers would leave their current employer if they were encouraged to go back to the office full time. And with the average cost of hiring and onboarding a new employee £3,000 in the UK, the risk of any business losing a third of its workforce could be detrimental to those trying to build back what’s been lost.

Looking to a post-Covid future, 60% of UK workers want their company to adopt hybrid working, with just 7% preferring a full working week in the office – an eye-opening figure for businesses who are preparing for the lifting of all lockdown measures. 

The data also reveals that over half (53%) of UK workers would only interview for a company that embraces hybrid working, with just 19% suggesting it has no influence on their job-hunting process. This strongly suggests that without keeping hybrid working, businesses could lose out on the best talent.

Sabby Gill, CEO of Thomas commented on the findings, “It’s clear the adoption of hybrid working will determine a company’s success in the long run. But we’re still starting to see businesses across the country openly say a five-day office week will become the norm again.

“Abolishing hybrid working directly contradicts the wishes of employees and misses a real opportunity to reset, re-shape and get more done with a happier, more engaged workforce. Not to mention directly contradicting the wishes of the majority of employees. 

“Making a success of hybrid working requires a culture of change. One that understands not all roles are the same as they once were. Business leaders need to ask their workforce tough questions and understand what really makes its culture tick. Only by gaining clarity on these things can they successfully embrace hybrid working and retain and attract the best talent.”

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Source: http://hrnews.co.uk/uk-businesses-risk-losing-a-third-of-their-workforce-if-hybrid-working-is-abolished/

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