A new survey from The Conference Board, the think tank that provides insight into what’s to come, reveals that returning to the office may help employees’ careers more than those who work from home.
Many companies are currently pushing to get workers back into the office, and some HR leaders plan to move fully in-person workers higher and faster up the corporate ladder.
In fact, the survey says, 10% of chief human resources officers (CHROs) expect promotion eligibility to increase for in-office workers compared to fully remote workers.
On the other hand, hybrid workers are not safe: They may also face career setbacks: 9% of CHROs plan to increase promotion eligibility for office workers compared to hybrid workers.
Despite potential career limitations, there is good news for remote and hybrid employees. The survey reveals that the workplace will not affect compensation for the job in question. Few human resources leaders plan to offer higher pay, larger merit increases, or higher compensation goals for on-site workers.
Overall, CHROs’ outlook on the state of the workforce continues to improve. The Conference Board’s CHRO Confidence Index rose to 55 in the second quarter, from 54 last quarter. (A reading of more than 50 points reflects more positive responses than negative ones.) While hiring and retention expectations continue to rise, the survey reveals that HR leaders are less optimistic about their ability to keep workers engaged.
“The current talent pool values flexibility in the workplace, and historic labor shortages reinforce the need for these types of arrangements. Treating hybrid and remote employees equitably when evaluating performance, offering growth opportunities and making compensation decisions will not only help engage your workforce, but also retain them,” said Diana Scott, leader of the Center for Human Capital. from The Conference Board in the USA.
The CHRO Confidence Index, conducted quarterly, was launched in the first quarter of 2023 and consists of three components (recruitment, retention and engagement), as well as special questions included in each survey. Nearly 120 CHROs participated in the second quarter survey, which ran from April 1 to May 1.
For more information about the survey and its methodology, go here.
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