Why UK workers are turning down pay rises to work from home

Name: Why UK workers are turning down pay rises to work from home | Humix Video
Uploaded: 2024-10-07T12:13:52+00:00
Duration: 2 min 4 s

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Would you take a pay cut to work from home
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According to report by Morgan McKinley, 51% of employees so that they would turn down the pay cut
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in order to continue a flexible work schedule, while 93% of employees strongly expressed their preference
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for remote or hybrid work. The Morgan McKenley Global Workplace Study gathered insights about various hiring and workplace trends
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by surveying over 3,400 professionals and 650 employers or hiring managers globally
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However, despite employees' preference, 60% of British companies are urging their staff to increase their in-office presence
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The most recent high-profile example is Boots, which is ordering administrative staff back into the office for five days a week from September
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In December 2023, Nationwide told its staff that they must work at least two days a week in the office starting early this year
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Furthermore a survey published by KPNG in October of last year shows that nearly two of bosses believes workers would return to the office five days a week within the next three years Morgan McKenley Global Workplace Guide found that in the UK one to two days in the office is the favorite weekly working pattern for 52 of professionals with a further 22
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selecting three to four days. Only 3% are happy to be in the office for the full five working
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days. The research also showed the potential attrition of employees with 56% of respondents
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who work on-site five days a week being the ones most actively looking for a new job in the next six months
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compared to 41% hybrid employees and 44% fully remote employees. David Latehead, CEO of Morgan and McKenley, said that after four years post-pondemic
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the global workforce is still grappling with the ongoing debate surrounding hybrid work models
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He added that, simply mandating a five-day-a-week office presence, would likely encounter resistance and productivity dips
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We here at City and would like to know, would you take a pay cut to work from home full-time
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Let us know in the comments below and like and subscribe for more

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Why UK workers are turning down pay rises to work from home

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