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Remote work
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===Lower turnover intention and higher loyalty=== [[Turnover intention]], or the desire to leave an organization, is lower for remote workers.<ref name=consequences/><ref name=profits>{{Cite news | url=https://www.forbes.com/sites/theyec/2021/10/13/how-remote-work-can-increase-business-profits/ | title=How Remote Work Can Increase Business Profits | first=Benjamin | last=Rojas | work=[[Forbes]] | date=October 13, 2021}}</ref><ref name=positive/> Remote workers who experienced greater professional isolation actually had lower [[turnover intention]].<ref name="Golden 2008"/> A study of workers in 27 countries surveyed in mid-2021 and early 2022 found they would on average be willing to sacrifice 5% of their pay to be able to work from home two to three days per week. 26% would quit immediately or seek a new job if they were required to work five or more days per week.<ref name=":1" /> A 2017 study showed that companies that offered remote work options experienced a 25% lower turnover rate.<ref>{{Cite news | url=https://www.zdnet.com/article/companies-that-support-remote-work-experience-25-percent-lower-employee-turnover-and-other-findings/ | title=Companies that support remote work experience 25 percent lower employee turnover (and other findings) | first=Greg | last=Nichols | work=[[ZDNet]] | date=October 4, 2017}}</ref> Surveys by FlexJobs found that 81% of respondents said they would be more loyal to their employers if they had flexible work options.<ref>{{Cite news | url=https://www.flexjobs.com/blog/post/survey-productivity-balance-improve-during-pandemic-remote-work/ | title=FlexJobs Survey: Productivity, Work-Life Balance Improves During Pandemic | first=Rachel | last=Pelta | work=FlexJobs}}</ref> In a 2021 study by [[McKinsey & Company]], more than half of the workers supported companies adopting a hybrid work model, and more than a quarter stated that they would consider switching jobs if their current employer eliminated remote work options.<ref>{{Cite web | last1=Alexander | first1=Andrea | last2=De Smet | first2=Aaron | last3=Langstaff | first3=Meredith | last4=Ravid | first4=Dan | title=What employees are saying about the future of remote work | url=https://fortcollinschamber.com/wp-content/uploads/2021/04/What-employees-are-saying-about-the-future-of-remote-work-Final.pdf | date=April 2021}}</ref> A 2021 employee survey reports preferring a more flexible working model. During the COVID-19 pandemic the working model showed the amount of employees who are working fully on site is 62%, with 30% hybrid and 8% remote. Post COVID-19 pandemic working models changed with the amount of employees who were fully on site at 37%, with 52% hybrid and 11% remote.<ref>{{Cite web |title=Getting real about hybrid work |url=https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/its-time-for-leaders-to-get-real-about-hybrid |access-date=November 20, 2022 |website=McKinsey}}</ref>
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