Return-to-Office Mandates Drive Talent Loss and Hiring Challenges, Study Finds
Research reveals increased turnover and hiring difficulties for companies enforcing in-office work policies, with skilled and senior employees most affected.
- A study of 54 high-tech and financial firms found that return-to-office (RTO) mandates increased employee turnover rates by an average of 14%.
- Skilled and senior employees, who are more likely to find alternative opportunities, are disproportionately leaving companies with RTO policies.
- Female employees experience nearly three times higher attrition rates than male employees due to RTO mandates, partly due to greater family responsibilities and demand for workplace flexibility.
- Companies with RTO mandates face a 23% longer time to fill job vacancies and a 17% decrease in hire rates, significantly raising hiring costs.
- Critics argue that RTO policies foster distrust, reduce employee engagement, and may even be used as a subtle strategy to encourage voluntary resignations.