PPB May 2021
Market Snapshot While working from home is a good solution for many, not everyone wants to continue it. Younger employees are the most likely to want to get back to the office. Among employees with five or fewer years of experience, 30 percent say they want to work from home no more than one day a week, according to a study by PricewaterhouseCoopers. Younger professionals are also more likely to feel less productive while working from home compared to their more experienced colleagues (34 percent vs. 23 percent). Companies can nurture their up-and-coming talent with promotional campaigns that emphasize professional development. By promoting training sessions and mentorship opportunities, employers can help bridge the gap that some young professionals feel when working remotely. Promotional products distributors can also work with companies to help them make life easier for employees who have children at home. Throughout the pandemic, the U.S. Census Bureau reports that 93 percent of households used some form of distance learning, putting an extra strain on working parents who work remotely. About a third of working parents with children younger than 18 say it is now harder for them to balance work and family responsibilities, according to Pew Research. From sending logoed games and toys for employees’ kids to shipping self-care items to workers, there are many opportunities for companies to show support and send a smile to working parents. Productivity Boom For Baby Boomers More than half of Baby Boomers (52 percent) say they are most productive working from home, compared to only 38 percent of Millennials. Source: Zapier’s Remote Work Report Remote Work Improves Performance While working from home has often gotten a bad rap, the tides are turning. Employers now see how working remotely has improved performance across the board. Here’s where employers say performance has improved because of remote work: 44 % Collaborating on new projects 44 % Coaching employees to succeed 43 % Securing relationships with new customers 41 % Innovating products or services 38 % Onboarding new hires Source: PricewaterhouseCoopers Wo r k Fr om Home DPWTLB 4IVUUFSTUPDL DPN Remote Work Enhances Company Culture According to a Gartner study, 44 percent of employees say their company culture has improved since moving to remote or hybrid work, while 32 percent say it has improved a lot. What’s One Word To Describe Working From Home? 41 % say productive 30 % say reflective 25 % say exhausting Source: The State Of Remote Work from Monday.com 46 | MAY 2021 | GROW
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