PRO Unlimited, the Integrated Workforce Management (IWM) platform provider, today released the results of its November 2021 Labor Market Report. The analysis, which is based on data from more than 30,000 workers, reveals that 89% of employees would prefer a role with remote options. The resulting impact on hiring is substantial: Employers that offer remote work options will capture 96% of the labor market while those that don't will lose out on 58% of candidates.
"This is the clearest indication yet that offering remote and hybrid flexibility is critical to attracting and retaining talent," said Dustin Burgess, senior vice president of NorthStar HCM at PRO Unlimited. "Today's tight labor market is drastically different than those of the past, and there has been a fundamental shift in how the workforce looks at opportunities. Candidates have new expectations for how and where they work. Employers must shift how they operate or risk losing more talent. Savvy organizations can use this to their advantage to find, attract and retain talent while achieving cost and diversity initiatives."
PRO Unlimited's analysis is based on a Q3 2021 survey of U.S. workers and explores employee attitudes related to remote work, relocating and benefits. Key findings include:
Technology workers have a stronger inclination for remote work compared to other industries. Sixty-six percent said they prefer working remotely full time, and 34% said they would only accept a full-time remote role. Nearly two-thirds of network engineers (61%) and 47% of software engineers said they would only accept a full-time remote role.
PRO Unlimited's report leverages actionable intelligence and insights culled from its aggregation, cleansing and anonymization of data across a variety of internal and external data sources. This includes hundreds of client programs globally. PRO Unlimited manages data on hundreds of thousands of workers annually across 51,000-plus unique roles globally, providing insights on rates, skills premiums, efficiencies, candidate supply and demand, hiring competition, and more.
Download the full report to learn more about worker preferences and the state of the U.S. labor market.
About PRO Unlimited
Serving hundreds of the world's most recognizable brands, PRO Unlimited offers modern workforce management and a partner ecosystem supported by data, software, intelligence and services to meet your flexible workforce needs. PRO's Integrated Workforce Management Platform can adapt quickly to regional or industry economic shifts, and provides the speed, scale, flexibility, transparency and expertise to serve as the holistic platform for the modern workforce. Headquartered in San Francisco, California, PRO has helped global brands and organizations achieve operational and financial success for more than 30 years. http://www.prounlimited.com
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