[adning id=”12070″]

[adning id=”12070″]

What ‘Great Resignation’? Why hybrid work is key to retaining top talent

The IWG Australia Hybrid Workers Survey, conducted in late 2023, reveals a high level of satisfaction with hybrid working arrangements and a strong connection between flexibility and employee well-being. The report identifies long commutes as a major pain point, potentially leading to resignations and declining job acceptance. It also highlights the financial benefits of hybrid work, with cost savings and improved work-life balance playing a significant role. Other key findings include:

  • Hybrid working is highly desired: 82% of respondents are happy with hybrid options, and 76% believe it has reduced stress and increased happiness.
  • Long commutes are detrimental: 56% are likely to resign with a 5-day office commute, and 36% wouldn’t take a new job with it.
  • Financial benefits are substantial: 75% agree they save money with hybrid work, and 61% see it as non-negotiable.
  • Work-life balance thrives: 79% experience improved work-life balance, contributing to overall happiness and well-being.
  • Hybrid work benefits families: 57% of working parents see it as crucial for childcare management, and 54% have more family time due to reduced commutes.
  • Hybrid work boosts productivity and career: 72% feel more productive and 61% see improved professional development with hybrid options.
  • ESG integration is desired: 78% believe hybrid work policies should be part of company ESG plans.

Overall, the survey paints a clear picture of hybrid work’s popularity and its positive impact on employee well-being, productivity, and financial goals. Companies offering and supporting flexible work arrangements are likely to attract and retain talent in the current competitive market.


Leave a Reply

Your email address will not be published. Required fields are marked *


Get breaking news delivered
This field is for validation purposes and should be left unchanged.


Austrade Approved Business Events
AVAILABLE NOW APPLY BEFORE 30th MARCH 2021 (Condition apply)

  • ABF Events are approved and listed below have been certified by Austrade on the Schedule of Approved Business Events.
  • This allows exhibitors, sponsors, delegates and partners to participate in the Business Events Grant Program. Note event bookings need to be confirmed ASAP to participate in the grant program
  • The program provides 50% rebate (based on a minimum spend of $20k) for approved items including ABF event-media packages, exhibition stands, corporate function tables, delegate registrations.
  • Govt Grant applications are now open until the 30 March. Please contact ABF to discuss how we can assist, we have experts to assist grant applications.
  • Grant funding will cover up to 50% of eligible expenditure incurred in participating at pre-approved business-to-business events as buyers or sellers during the 2021 calendar year.  All grant applications must be submitted for approval via the following link: https://business.gov.au/grants-and-programs/business-events-grants
  • For further information please see this fact sheet.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?