Microsoft on why 2021 is the year of the CHRO
The world is “on the brink of a disruption as great as last year’s sudden shift to remote work: the move to hybrid.”
Why You Should Care
73% of employees want to continue to have remote working options.
41% of the workforce are considering changing jobs in the next year.
Hybrid work is the future, but what can businesses do to they are creating a workplace that enables them to retain talent, as well as attract new, young staff?
If 2020 was the year of the Chief Technology Officer, then 2021 will be the year of the Chief Human Resources Officer (CHRO).
That’s according to Microsoft’s ‘2021 Work Trend: Annual report‘ which also notes that the world is “on the brink of a disruption as great as last year’s sudden shift to remote work: the move to hybrid.”
Remote, flexible working
Flexible working is here to stay. Microsoft surveyed 30,000 individuals across 31 countries and found that 73% wanted flexible remote working options to continue, while 67% said they craved more in-person meet-ups with their teams.
Employee’s interest in choosing where, when, and how they work is being increasingly acknowledged by employers. In fact, the survey found that 66% of business decision makers surveyed noted they were considering redesigning offices to better accommodate hybrid working.
Remote working has expanded and democratized the talent marketplace because location is no longer relevant.
“Companies in major cities can hire talent from underrepresented groups that may not have the means or desire to move to a big city,” explained LinkedIn chief economist Karin Kimbrough.
Research by LinkedIn shows that women, Generation Z, and those without graduate degrees are those most interested in remote opportunities.
Allie is an experienced business journalist and can be reached at firstname.lastname@example.org.