Data release coincides with Women’s History Month and International Women’s Day #EmbraceEquity.
More than 70% of Americans will walk away from their current job if their employer takes away the flexibility of working hybrid, while across the pond, 62% of U.K. women considered applying for a new job that offers more flexible working.
New York – March 6, 2023 – For a majority of American women, hybrid work has become ‘non-negotiable’ – with 72% saying they’d look for another role if their employer no longer offered a hybrid schedule, according to the IWG’s Global 2023 Women Hybrid Workers Survey released today by IWG, plc (LSE:IWG), the world’s largest provider of flexible workspaces and hybrid work solutions.
Highlights from the poll of more than 1,000 U.S.-based women hybrid workers include:
- Hybrid Embraces Equity: Nearly 90% believe that the flexibility of hybrid working ‘serves as an equalizer in the workplace’ (88% of survey responses), and 66% believe that hybrid working ‘allows me to experience less biases in the workplace, whether due to my gender, race or otherwise’
- Employers, Take Note – Hybrid is a Make-or-Break Point for Women: More than 70% of women will walk away from their current job if their employer takes away the flexibility of working hybrid (72% of survey respondents)
- Hybrid Helps Women Further their Careers: Two thirds (67%) believe that overall, hybrid working has a positive impact on their career growth path, citing the following reasons:
- Makes me more efficient and productive (73%)
- It has helped me learn more about other roles at my company (54%)
- Allows me to partake in additional training to support my career (49%)
- Increased my visibility with senior leadership (40%)
- Hybrid Considered a Caregiving Benefit: Nearly two thirds of the 53% of women who identify as caregivers think flexible work arrangements are a caregiving benefit as it can help them save money or spend more time participating in family events
- For further U.S. data, please see here.
In a separate IWG study commissioned in the U.K., more than half of female workers (53%) say hybrid working has empowered them to apply to a more senior role within their organization, highlighting the positive impact that hybrid working is having on breaking the glass ceiling.
Hybrid working has meant more women are making major career decisions – switching jobs and industries – based on accessibility to hybrid working, which is facilitating better work life balance and opening up new career opportunities for them. Three in five (62%) of U.K. respondents have considered applying for a new job that offers more flexible working and nearly half (48%) are considering a career change that they would not have considered previously.
The same study found that nearly 80% of women say that the flexibility offered by hybrid working allowed them to apply for such roles. More women are making major career decisions – switching jobs and industries – based on accessibility to hybrid working, which is facilitating better work life balance and opening up new career opportunities for them. In pursuit of flexible working arrangements, many have changed industries altogether with nearly half (47%) saying that hybrid working has enabled them to move into their new industry. Women report that this career growth comes from hybrid working making them more efficient and productive (58%), helping them learn more about other roles at their company (47%) and increasing their visibility with senior leadership (38%).
U.S. data reveals respondents cited a range of benefits, with 50% indicating that hybrid work has improved their work/life balance, to others highlighting mental and physical health benefits (83%) and the ability to prioritize more time with family (82%). Additionally, two thirds (66%) believe they are the subject of less bias due to hybrid working.
IWG’s Chief Commercial Officer Fatima Koning said: “Embracing equity is the theme of this year’s International Women’s Day and hybrid working, one of the biggest innovations in the world of work in decades, has the potential to substantially deliver on this vision.
This latest research from IWG is very encouraging and shows that the hybrid model can help address existing inequalities at work and at home and has unprecedented potential to support women’s wellbeing, family lives and career aspirations. For employers, there is a vast opportunity to attract more female talent and add tremendous value to their businesses.”
Koning added: “According to IWG’s recent data, it’s apparent that hybrid work has improved women’s lives and is considered a make or break benefit in the current environment”.
Previous research from IWG, comprised of brands such as Regus and Spaces, includes a pulse survey on how much of an individual’s salary would workers give up to work in a hybrid setting, the IWG HR Leaders & Hybrid Working Report (November 2022) revealing that employers view the hybrid working model as an essential part of their toolbox when it comes to recruitment, hiring and retention, and a CFO Study (October 2022) determining that CFOs see hybrid work as a way to significantly cut running costs. The company also examined generational differences between Gen Z, Gen X and Baby Boomers when it comes to hybrid work preferences (June 2022).
IWG is continuing its growth trajectory to meet the increasing demand for hybrid work, adding 500 locations in the U.S. over the course of the next year or so. The majority of IWG’s new locations are planned in the heart of local communities, providing a workplace close to home, reducing the need for long commutes, giving employees a better work-life balance and time back to spend with their friends and families. Research by Global Workplace Analytics showsthat on average, hybrid working can save organizations an average of more than $11,000 per employee.
This survey was conducted by Mortar Research and targeted full-time employed women working in a hybrid pattern and was taken by more than 1,000 respondents on both mobile and desktop devices. All were based in the USA.