Rejecting hybrid work will cost employers, survey finds

When employees scrambled very last yr to get the job done from household, it value them on normal $600 to equip their household places of work. New investigation has identified that employees want to carry on doing work at household, at the very least in a hybrid get the job done plan — and they will acquire the very same work for fewer pay out with a new employer to preserve that option.

In full, this pandemic-driven shift to household places of work amounted, both equally in equipment expenses and labor, to .seven% of GDP, practically $one trillion. This is “about the very same quantity that the federal government invested on defense in 2020,” said Nicholas Bloom, a professor of economics at Stanford University and 1 of the authors of a doing work paper based on a survey of 30,000 Americans, titled “Why Doing work from Property Will Adhere.”


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