RTO Mandates Lead to Tech Talent Exodus, Study Finds
A study tracking over 3 million employees at 54 S&P 500 high-tech and financial firms reveals that return-to-office (RTO) mandates are causing companies to lose top talent and struggle to find replacements. The research found a 14 percent average increase in employee turnover after RTO policies were implemented, with senior and skilled employees more likely to leave. Women experienced nearly three times the attrition rate of men. Furthermore, RTO mandates prolonged hiring times and increased costs. Companies' attempts to enforce RTO policies through surveillance tactics, such as VPN tracking and badge swipe monitoring, fueled employee resentment and furthered the exodus. The study suggests that RTO mandates reflect a culture of distrust and ineffective management, leading to decreased employee engagement.
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