WHAT THE DATA SAY: In-office employees have the edge when it comes to raises, bonuses and promotions

By: Ray Day

CONTACT:

Ray Day
ray.day@stagwellglobal.com 

We wanted to share our latest consumer and business insights, based on research from The Harris Poll, a Stagwell agency.

Among the highlights of our weekly consumer sentiment tracking (fielded Jan. 13-15):

ECONOMIC WORRIES EDGE BACK UP:

Today, 88% of Americans are concerned about the economy and inflation – up 4 points from last week and the same level as two weeks ago.

• 82% worry about a potential U.S. recession (up 1 point)
• 80% about U.S. crime rates (no change)
• 74% about affording their living expenses (up 2 points)
• 72% about political divisiveness (down 5 points)
• 65% about the War on Ukraine (down 7 points)
• 59% about a new COVID-19 variant (down 1 point)
• 48% about losing their jobs (down 2 points)

THE OPPOSITE OF QUIET QUITTING:

What’s the opposite of quiet quitting? Seems that “quietly up-working” is the new thing. Our poll with Yoh signals a willingness among some employees to prove their worth and ensure job security in the face of economic and workplace downturns.

• Today, 48% of Americans are worried about losing their jobs.
• 29% say they are more likely to go above and beyond by taking on a new project, learning new skills or undergoing additional training to position themselves as an asset to their employer.
• 22% are willing to work more hours than are required of them without receiving additional compensation.
• At the same time, 23% are just as likely to consider working for a new company as staying at their current organization.
• 29% are more likely to seek work outside their current to supplement their current income.

DO IN-OFFICE EMPLOYEES HAVE THE EDGE?:

Do in-office employees have an advantage over their working-remotely counterparts? Most Americans think they do, according to our survey with the American Staffing Association.

• 56% believe employees who work exclusively in-office have a competitive advantage over their fully remote counterparts when it comes to raises, bonuses and promotions.
• Despite this, less than half (48%) of workers report they are working completely in-person, 28% are working on a hybrid schedule, and 24% are fully remote.
• 51% of women employees said they work fully on-site, compared with 44% of men.
• Employed parents (33%) of children under the age of 18 were more likely to work a hybrid schedule, while the majority of those without minor children work on site full-time (51% versus 43% remote).
• 46% feel pressured to work during their time off.
• 44% would be willing to take a pay cut if it meant they had greater freedom to work remotely.
• 40% are worried about layoffs at their company during the next six months.

KITCHEN NOW MOST LOVED ROOM IN THE HOUSE:

COVID transformed kitchens into workspaces, study halls and entertainment centers for cooped-up families – and made them the most popular room in the house, according to our survey with Bertazzoni.

• Three out of four homeowners (75%) say they use the kitchen more than any other room in their home.
• What are homeowners looking for in a new kitchen? 84% want sustainable products.
• Some also want bling – with “prep kitchens” becoming one of the hottest new premium kitchen trends. Overall, 42% of homeowners saying they would want a second kitchen in their home if money were no object.
• That jumps to 61% among those aged 18 to 44.

ICYMI:

In case you missed it, check out some of the thought-leadership and happenings around Stagwell making news:

• 7 trends from CES 2023
• 6 Transformation Trends I’m Watching From CES 2023
• Inflation has less of an impact on snacking than meals

As always, if helpful, we would be happy to provide more info on any of these data or insights. Please do not hesitate to reach out.

Thank you.