According to an EY survey, 84% of employees globally believe that company culture has improved since the outbreak. According to the EY 2022 Work Reimagined survey, 36% of surveyed employers want employees to return to work five days a week. More than 1,500 business leaders and over 17,000 employees from 22 countries and 26 industries participated in the survey. More than 100 business leaders and 500 employees in India recorded the responses. According to the report, employees have gained considerable influence over their employers as many countries emerge from the Covid-19 pandemic, and their “wish list” of future employers is changing.
Flexible working arrangements, which were by far the biggest drivers of employee mobility according to last year’s survey, are now less of a driving factor given that many already work for companies that offer some form of flexibility. or another, he added. Looking at the different age groups in the countries surveyed, Gen Z employees and millennials nationwide are the most likely to leave their jobs this year (64%), while across all sectors it is those who have technology equipment, telecommunications and the jobs in industrial products that are most eager to leave, according to the survey.
“Employees across India now hold more control over the job market, with more than half of respondents saying they are likely to quit in the next 12 months – driven primarily by a desire for a salary. higher total, better career opportunities and flexibility amid rising inflation, a shrinking labor market and an increase in jobs offering flexible working,” said the EY 2022 Work Reimagined survey. India, Partner & India Leader, Workforce Advisory Services, Anurag Malik said the survey found that over the last year changes in the labor market meant that the balance of power had shifted in favor of employees.” As employers shift gears in offering more flexible working options, they will need to invest more – this includes higher wages and overall brand building of the organization,” Malik said.
Summary of news:
- EY survey, 84% of employees think the company culture has improved since the start of Covid
- Check out all the news and articles from the latest business news updates.