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Over two-thirds (64 per cent) of professional services firms in the UK have stated that as of 2024, new job adverts will not feature the option of being ‘fully-remote’, according to a new survey of 500 professional services companies from global talent solutions business, Robert Walters.
The decision, according to business leaders, is to encourage professionals to come back into the office – with close to half of hiring managers (42 per cent) stating that they are ‘willing to wait’ for the right applicant who is able to commute into the office.
The findings come amidst an all-time low in the number of fully-remote job adverts posted in the UK. According to data from LinkedIn, the share of remote positions posted on the job site has plummeted in the last 12 months. In the UK, remote job postings have dipped more than 13 per cent since February last year – higher than in Germany, France, and the Netherlands.
Gerrit Bouckaert – CEO of Robert Walters – commented: “Looking back to the jobs market a few years ago and employers were desperate for talent as they tried to navigate the post-pandemic bounce back. Companies were forced to meet applicants’ demands – which included accommodating remote work.
“Fast forward to 2024, and the power dynamic has shifted back in favour of employers – who have introduced a range of changes including true flexibility in hours, hybrid working, office refurbs, enhanced digital infrastructure, as well as endless soft perks such as free lunches.
“With that, employers want some give and take – and it seems the ‘take’ is fully remote working.”
According to the survey, almost a quarter (23 per cent) of professional services firms have stated that they have increased the number of compulsory days in the office in the past 12 months – by at least one additional day. A further fifth (19 per cent) admit that ‘conversations are on-going’ on whether they will increase in-office time to four to five days.
Bouckaert added: “What has been interesting to observe is the U-turn from big firms – such as Meta – who have typically led the way on workplace trends including being early adopters of remote working.
“Given it is too early to tell whether this method will result in increased productivity – other organisations should be mindful of jumping on the ‘bandwagon’ of a full return-to-office, without considering the impact this will have to your ability to attract and retain employees.”
Robert Walters analysts note the prominence of a ‘top-down approach’ to return-to-office – where managers are being asked to do more days in the office compared to their team.
Recently, Barclays bank in London announced that it would follow its US-counterparts and push for a five-day return to office – with a number of VPs reportedly being told to come back to the workplace full-time from 1 Jun this year to help set a precedent.
IBM informed their managers that they must be at the office, or meeting a client, for a minimum of three days a week. If not, they could leave the company.
For large, multi-site organisations the deterrent to increasing more days in the office has been the inability to keep-track of whether policies are being followed, according to the research from Robert Walters.
Interestingly, the survey found that a fifth of company leaders (18 per cent) would not be against linking pay and promotions to workplace attendance.
Google made a similar move recently – with a memo revealing it will now track how often employees badge in and include in-person attendance in employees’ performance reviews.
PwC – one of the world’s biggest consulting and accounting firms – announced plans to monitor its employees locations to ensure compliance with a stricter return-to-office policy that requires staff to spend at least three days a week, or 60 per cent of their time, in the office or with clients.
Bouckaert commented: “The desire for companies to push for a return-to-office is born from economic instability and stalling growth. Employers are looking at ways they can improve their productivity and output – one of these being to go back to ways of working when ‘times were good’. However, in the increasing age of global-working and digital proficiency employers need to ensure they consider all the options available rather than returning immediately to the past for the answers.”
