Remote Workers Are Less Likely To Be Fired

New data from Startups reveals that remote workers are less likely to be fired.

Companies clinging to in-office culture were twice as likely to have laid off staff in the past 12 months.

Startups surveyed a representative sample of 546 UK businesses towards the end of 2023.

The results show that 38% of fully in-office firms made job cuts last year, compared to 16% of remote teams.

Working from home could now be the most cost-effective shield against layoffs.

Shrinking office space means companies can save on one of their highest expenses while maintaining a stable workforce.

This also applies to hybrid work, with a layoff rate of 30%. Employees required to go into the office two or three days per week showed an improvement on fully in-office counterparts.

In the survey, 66% of business leaders said they intend to improve their flexible work options in 2024.

This includes 12% saying they were considering introducing a four-day work week, and 14% who aim to increase the number of days staff can work remotely.

Just 6% of employers said they intended to increase the number of days their staff were expected to attend the office in 2024.

Total
0
Shares

Join us (We Have Cookies)

You're interested in news & tips about remote work? What luck! That's what we do! Better join our newsletter so we can hang out.

15585

Welcome back. Let's hang out again

Nice seeing you again!

You're a fan of us, we're a fan of you—let's make this official.


Sign up for our weekly newsletter and never miss out on something important from Think Remote again:

15585

JOIN US (WE HAVE COOKIES!)

You're interested in news & tips about remote work? What luck! That's what we do! Better join our newsletter so we can hang out