Remote work is declining — Recruitment expert reveals root causes

Hung Lee, Editor, Recruiting Brainfood joined TheStreet to discuss the future of work and the changing role of remote work.

Sep 26, 2024 - 00:30
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Remote work is declining — Recruitment expert reveals root causes

With progressively more companies calling its employees back to the place of business, the sustainability of far off work has come into question. Hung Lee, editor at Recruiting Brainfood joined TheStreet to talk about the way forward for work.

Related: Amazon confirms fears about way forward for far off work with most modern move

Full Video Transcript Below:

CONWAY GITTENS: So let's talk some trends in the industry without delay from your viewpoint. What's your view on far off work? Is it here to remain?

HUNG LEE: Remote work. We were very confident that it was once going to be the sport changing thing. And it appears most definitely it was once a no longer as - we're less confident about the status of far off work simply since the commercial conditions have changed such that employers have more power than they did 18 months, two years or so ago. Remote work, incidentally during which, is most often a preference that the staff are more in favor for, whereas the employers and the bosses are less in favor of far off. So you seriously is never able to sort of separate out the political dimension on this and that tension between what is optimal for a, for an employee and what is optimal for an employer is, is getting played out. I believe with certain varieties of work which may possibly be going to be far off. But I believe there'll even be a significant pressure for folk to return to work, return to place of business, should I say. What I will inform you is that the new jobs which may possibly be being created and the new jobs which may possibly be being advertised, there's been a enormous drop of far off jobs which may possibly be advertised. That tells me that the those that currently work in far off individuals which have held on to their jobs over the past two or so years, on the choice hand the new jobs which may possibly be being advertised nowadays, they are telling people: back to the place of business.

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CONWAY GITTENS: And what about the hybrid trend? Is it just straight 5 day work week back in the place of business or is is hybrid more of a friendlier model than full out far off work?

HUNG LEE: Yeah, I believe this is that this comes down sooner or later to the character of the corporate and per chance even the character, the culture of the organization. I believe hybrid is an exceptionally acceptable compromise between the employer and the employee. I believe nearly all people would to do not forget that there is a infrequently get in the place of business and speak and work closely along with your colleagues. And other times we recognize that this is intensely good as a approach to work more flexibly, particularly individuals who have, you recognize, primary caregiving responsibilities, as an example, or they've other sort of issues which may possibly be essential for them to contend with. It truly seriously is never it is easy to to contend with while you are, you recognize, spending time commuting on day to day basis to the place of business. I believe hybrid is the compromise so we can shoot for many companies, I am hoping will take a mature view on this. But there shall be some, some organizations so we can clearly say, OK, it's possible you would have you have got gotten gotten got to be in the place of business forever or bust. And I suppose that's where, you recognize, individuals will make decisions as to what sort of company they are taking a look to work for.

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