SEOUL, June 27 (Korea Bizwire) — Ever since the pandemic has changed how we work, more than half of all workers believe that it has increased productivity.
Accounting firm EY Hanyoung conducted a survey of 17,000 individuals including the management staff and employees from some 1,500 companies in 22 countries, in which 64 percent of employees believed that productivity has increased since the onset of the pandemic.
On the other hand, 41 percent of employers believed that productivity has actually decreased due to the increasing rate of staff turnover during the pandemic era.
Despite the rising global demand for flexible working hours, 22 percent of employers still insisted that employees come to the office five days a week.
The slowdown of the pandemic, coupled with inflation and a labor shortage, has changed the standards for choosing a job on a global scale.
The data showed that 43 percent of employees were willing to quit their current jobs within the next 12 months in pursuit of a higher salary, career potential, and flexible working hours, up from 7 percent last year.
“This report shows that today’s workers are more likely to quit their jobs if their employers fail to meet their expectations,” said Kim Jung-wook, a partner at EY Korea.
M. H. Lee (mhlee@koreabizwire.com)