“Great resignation” beckons if work from home taken away

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The Workplace Gender Equality Agency’s latest employer survey shows that 71% of respondents now have a formal policy on working from home, compared with just 35% in 2019.

The survey also reports 1423 employers have implemented an “all-roles flex” approach, which focuses on output and outcomes rather than hours in the office.

Meanwhile, one-third of employees who have flexible working arrangements said they would quit their job immediately or start looking for a new job if they were required to resume working solely from an office.

Work from home
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Working from home has become a permanent structural shift, ushered by the pandemic.

And for good reason. The time and cost savings from not having to commute are immense, alongside the added flexibility.

Policymakers and employers must heed the change in preference, or risk heavy turnover of staff.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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