Employers who don’t offer hybrid work may lose two-thirds of talent

By: Trademagazin Date: 2024. 11. 05. 10:30

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Companies that don’t offer hybrid work opportunities may be missing out on top graduate talent, according to new research from the International Workplace Group. The study of more than 1,000 graduates found that half of job seekers wouldn’t apply for a job that required them to spend a significant amount of time commuting each day, and a further 18% would seriously consider taking the job – meaning companies that don’t offer flexible work sharing, more than two-thirds (68%) of graduate talent may be lost.

New research from the International Workplace Group – a leading provider of hybrid work solutions that includes the Spaces and Regus brands – coincides with the launch of corporate graduate programs and highlights the importance of hybrid working for companies looking for the best emerging talent. they strive to attract and retain.

For graduates, commuting time and money was the biggest deterrent (83%) to choosing a job that required a long, daily commute to the office. In fact, graduates felt that working hybrid was equivalent to a 13% pay rise.

This is supported by recent economic analysis by the International Workplace Group and Development Economics, which found that a 24-year-old Gen Z worker living in popular commuter cities such as Red Bank, New Jersey, or Cambridge, United Kingdom, could earn up to 388,320 You can also expect to save $/£323,458 by splitting your time between a central office and working locally.

While competitive salary (74%) is still the number one priority for most graduates, more than half of respondents (54%) consider hybrid work and salary to be equally important. Hybrid working (62%) ranked ahead of a range of other key factors, including an attractive office location (56%), workplace culture (53%), access to health insurance (25%) and a good pension scheme (21%).

While younger workers clearly prefer hybrid working, shared working hours in the office are considered part of the model. 63% believe that time spent in the office is necessary for collaboration and learning from senior colleagues.