OWL LABS 2022's State of Work From Home report
key findings
- The number of workers choosing to work remotely in 2022 increased 24% since 2021. And those choosing hybrid work went up 16%. Interest for in-office work, however, dropped by 24%.
- Almost 1 in 3 (29%) workers changed jobs within the past year, with an additional 9% actively looking for their next role.
- If the ability to work from home was taken away, two-thirds (66%) of workers would immediately start looking for a job that offered flexibility, and 39% would simply quit.
- 41% of small companies (10-50 employees) are requiring employees to return to the office compared to 27% of enterprises (10k+ employees).
- Only one-third (36%) of employers have upgraded their video meeting technology since the start of the pandemic.
- 62% of workers feel more productive when working remotely.
- Almost half (45%) of workers say their level of work-related stress has increased somewhat or substantially in the past year. (Note the stress tended to be related to non-work related things and that 81% said WFH overall lowered their level of stress.
- 1 in 2 workers (49%) feel managers view those in the office as harder working and more trustworthy than their remote counterparts.
- Hybrid workers save $19.11 each day when working from home rather than at the office.
- 1 in 2 workers (52%) would take a pay cut of 5% or more to have flexibility in working location, with 23% saying they would take a pay cut of 10% or more.
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