{"id":18570,"date":"2023-06-05T19:52:41","date_gmt":"2023-06-05T23:52:41","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/younger-workers-know-being-remote-has-drawbacks-but-they-dont-care-heres-why\/"},"modified":"2023-06-05T19:52:42","modified_gmt":"2023-06-05T23:52:42","slug":"younger-workers-know-being-remote-has-drawbacks-but-they-dont-care-heres-why","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=18570","title":{"rendered":"Younger workers know being remote has drawbacks, but they don\u2019t care. Here\u2019s why."},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002138662\" role=\"document\">\n<p>The remote-work revolution gained unprecedented momentum at the start of the COVID-19 pandemic three-plus years ago, and now many companies are eager to bring their workers back to the office. The problem is that the employees often don\u2019t want to come back.<\/p>\n<p>Employees \u2014 especially younger workers \u2014 appear to recognize the downsides of remote and hybrid work, but they generally prefer it anyway, according to data from a recent Deloitte survey.<\/p>\n<div class=\"paywall\">\n<p>Deloitte\u2019s 2023 Gen Z and Millennial Survey shows that younger remote and hybrid workers have real fears about the impacts of not being in the office. Some of those concerns include suspected proximity bias against them that may inhibit career progression (cited by 18% of Generation Z members and 15% of millennials), difficulties connecting with colleagues (cited by 14% of both Gen Z members and millennials), lack of mentorship (cited by 13% of Gen Z and 12% of millennials), and feelings of isolation (cited by 10% of both Gen Z and millennials).<\/p>\n<p>\u201cIf your aspirations are to get that corner office, you probably have to move into a an in-office role so you can spend the time schmoozing, networking, being front-of-mind, that sort of thing,\u201d Shane Spraggs, CEO of Virtia, a business consulting and services company that has promoted remote work for over a decade, told MarketWatch. \u201cAnd that can be a real consideration for a number of people.\u201d<\/p>\n<p>Fears of opportunity diminishment for remote workers is nothing new. A separate 2022 survey of 200 U.S. C-suite executives indicated that 41% of executives believed remote employees were less likely to be candidates for promotion.<\/p>\n<p><strong>From the archives (July 2021):<\/strong> \u2018A lot of people are getting promotions \u2014 and most of them are in the office\u2019<\/p>\n<p>But despite those fears several polls conducted in the last few years, in addition to Deloitte\u2019s results, show that a majority of workers would prefer some form of hybrid work schedule, as, to them, the positives outweigh the negatives.<\/p>\n<p>According to Deloitte\u2019s survey, some of the reasons workers value remote or hybrid work were having a better work-life balance to spend time with loved ones (cited by 20% of Gen Z members and 28% of millennials), helping save money on commutes and work attire (cited by 22% of Gen Z and 27% of millennials), increased productivity (cited by 18% of Gen Z and 23% of millennials) and benefits for their overall mental health (cited by 54% of Gen Z and 59% of millennials).<\/p>\n<p>Spraggs noted that people are doing their own calculations as to what makes the most sense for them when it comes to work format, observing that potentially being skipped over for a promotion doesn\u2019t have much bearing for workers who are not fixated on climbing the corporate ladder. Some people may prefer the flexibility for child-care reasons, while others could be saving money by staying home.<\/p>\n<p>\u201cThere\u2019s always going to be something you\u2019re balancing, pros vs. cons. \u2026 It\u2019s not just the time on the commute because you\u2019re not going into the office. You\u2019re not spending money at the coffee shop, you\u2019re not going out for lunch, you\u2019re not spending money on clothes as much \u2014 it\u2019s just a ton of money for a lot of people,\u201d he said.<\/p>\n<p>\u201cI don\u2019t think I would go for a job that is full-time in the office again,\u201d one of the millennial respondents to Deloitte\u2019s survey was quoted as having said. \u201cI\u2019m surprised it was ever a thing in the first place \u2014 how did we all survive going into the office five days a week?\u201d<\/p>\n<p><strong>See also:<\/strong> Men reap greater benefits than women when they support co-workers, MIT study finds<\/p>\n<p>In some situations, employees are taking active steps to protect their remote or hybrid lives. Thousands of workers at companies including Amazon<br \/>\n        AMZN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210331248\/composite\" class=\"positive\">+0.85%<\/bg-quote><span>,<\/span><br \/>\n       Apple<br \/>\n        AAPL,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202934861\/composite\" class=\"negative\">-0.76%<\/bg-quote><br \/>\n       and Disney<br \/>\n        DIS,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203410047\/composite\" class=\"positive\">+0.25%<\/bg-quote><span>,<\/span><br \/>\n       among several others, have signed petitions advocating against their company\u2019s return-to-office policies. <\/p>\n<p>About 64% of workers say they would consider quitting if required to return to the office full-time, a 2022 ADP report showed.<\/p>\n<p>Even some high-profile remote-work supporters, however, seem to be changing their tunes. Marc Benioff, CEO of Salesforce<br \/>\n        CRM,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200515854\/composite\" class=\"negative\">-1.49%<\/bg-quote><span>,<\/span><br \/>\n       said in 2021\u00a0that \u201cthe 9-to-5 workday is dead,\u201d but last month he indicated that new hires perform better at the office, while adding that he\u2019s pushing for some workers to come in three days a week.<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/younger-workers-know-being-remote-has-drawbacks-but-they-dont-care-heres-why-95cc567a?mod=personal-finance\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The remote-work revolution gained unprecedented momentum at the start of the COVID-19 pandemic three-plus years ago, and now many companies are eager to bring their workers back to the office. The problem is that the employees often don\u2019t want to come back. Employees \u2014 especially younger workers \u2014 appear to recognize the downsides of remote [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-18570","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Younger workers know being remote has drawbacks, but they don\u2019t care. Here\u2019s why. | iFintechWorld<\/title>\n<meta name=\"description\" content=\"The remote-work revolution gained unprecedented momentum at the start of the COVID-19 pandemic three-plus years ago, and now many companies are eager to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=18570\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Younger workers know being remote has drawbacks, but they don\u2019t care. Here\u2019s why. | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"The remote-work revolution gained unprecedented momentum at the start of the COVID-19 pandemic three-plus years ago, and now many companies are eager to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=18570\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-05T23:52:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-05T23:52:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/1686009161_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=18570#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=18570\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Younger workers know being remote has drawbacks, but they don\u2019t care. Here\u2019s why.\",\"datePublished\":\"2023-06-05T23:52:41+00:00\",\"dateModified\":\"2023-06-05T23:52:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=18570\"},\"wordCount\":738,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=18570#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=18570\",\"url\":\"https:\/\/ifintechworld.com\/?p=18570\",\"name\":\"Younger workers know being remote has drawbacks, but they don\u2019t care. Here\u2019s why. | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-06-05T23:52:41+00:00\",\"dateModified\":\"2023-06-05T23:52:42+00:00\",\"description\":\"The remote-work revolution gained unprecedented momentum at the start of the COVID-19 pandemic three-plus years ago, and now many companies are eager to\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=18570#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=18570\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=18570#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Younger workers know being remote has drawbacks, but they don\u2019t care. Here\u2019s why.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Younger workers know being remote has drawbacks, but they don\u2019t care. Here\u2019s why. | iFintechWorld","description":"The remote-work revolution gained unprecedented momentum at the start of the COVID-19 pandemic three-plus years ago, and now many companies are eager to","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=18570","og_locale":"en_US","og_type":"article","og_title":"Younger workers know being remote has drawbacks, but they don\u2019t care. Here\u2019s why. | iFintechWorld","og_description":"The remote-work revolution gained unprecedented momentum at the start of the COVID-19 pandemic three-plus years ago, and now many companies are eager to","og_url":"https:\/\/ifintechworld.com\/?p=18570","og_site_name":"iFintechWorld","article_published_time":"2023-06-05T23:52:41+00:00","article_modified_time":"2023-06-05T23:52:42+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/1686009161_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=18570#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=18570"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Younger workers know being remote has drawbacks, but they don\u2019t care. Here\u2019s why.","datePublished":"2023-06-05T23:52:41+00:00","dateModified":"2023-06-05T23:52:42+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=18570"},"wordCount":738,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=18570#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=18570","url":"https:\/\/ifintechworld.com\/?p=18570","name":"Younger workers know being remote has drawbacks, but they don\u2019t care. Here\u2019s why. | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-06-05T23:52:41+00:00","dateModified":"2023-06-05T23:52:42+00:00","description":"The remote-work revolution gained unprecedented momentum at the start of the COVID-19 pandemic three-plus years ago, and now many companies are eager to","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=18570#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=18570"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=18570#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Younger workers know being remote has drawbacks, but they don\u2019t care. Here\u2019s why."}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/18570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18570"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/18570\/revisions"}],"predecessor-version":[{"id":18572,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/18570\/revisions\/18572"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/18571"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}