challenge of remote work Remote Work

1/3 Of Silicon Valley Are Concerned Remote Work Will Impact Career Progression

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Q1 2020 hedge fund letters, conferences and more

There have been concerns that new hires during this all-remote period don’t have the benefit of building connections, however, only a ⅓ are concerned.

As things slowly show signs of normalcy, Blind, the anonymous professional network with 3.6 MM professionals, wanted to know what professionals perceived to be the downfalls of remote work.

The users were asked (05/29-06/05) ~4,500 Answers:

  1. Do you prefer remote work to an office setting?
  2. Personally, what is the biggest challenge of remote work?
  3. Are you concerned that the new work dynamics will impact your career progression?

The Biggest Challenge Of Remote Work

Do you prefer remote work to an office setting? Yes Indifferent No Grand Total
2424 588 1566 4578
53% 13% 34% 100%

 

Do you prefer remote work to an office setting? Yes Indifferent No Grand Total
Amazon 51% 11% 39% 370
Microsoft 53% 13% 34% 351
Google 51% 11% 38% 236
Facebook 35% 8% 58% 172
Uber 44% 10% 45% 99
LinkedIn 56% 14% 30% 80
Intel Corporation 56% 16% 29% 63
Salesforce 61% 15% 24% 62
Apple 54% 4% 42% 57
Cisco 54% 12% 34% 50
Capital One 52% 4% 44% 48

 

Do you prefer remote work to an office setting? Yes Indifferent No Grand Total
I am a new hire / less than a year 48% 13% 40% 920
1-3 years 56% 11% 33% 1311
3-5 years 56% 12% 32% 672
5-10 years 55% 15% 30% 544
more than 10 57% 10% 33% 348

 

Personally, what is the biggest challenge of remote work? At home distractions / Lack of focus Less work-life balance Isolation Networking Remote work has no challenges for me Grand Total
938 838 870 643 578 3867
24% 22% 22% 17% 15% 100%

 

Personally, what is the biggest challenge of remote work? At home distractions / Lack of focus Less work-life balance Isolation Networking Remote work has no challenges for me Grand Total
Amazon 26% 27% 19% 18% 10% 318
Microsoft 23% 24% 23% 17% 13% 301
Google 24% 19% 24% 15% 17% 195
Facebook 33% 13% 27% 19% 9% 135
Uber 25% 16% 24% 25% 9% 79
LinkedIn 20% 21% 24% 17% 18% 66
Salesforce 12% 25% 21% 21% 21% 52
Intel Corporation 28% 22% 12% 20% 18% 50
Cisco 23% 23% 31% 13% 10% 48
Apple 26% 30% 17% 11% 15% 46

 

Personally, what is the biggest challenge of remote work? At home distractions / Lack of focus Less work-life balance Isolation Networking Remote work has no challenges for me Grand Total
I am a new hire / less than a year 26% 20% 24% 19% 11% 910
1-3 years 24% 21% 23% 16% 16% 1289
3-5 years 24% 24% 22% 14% 16% 669
5-10 years 24% 22% 20% 17% 17% 544
more than 10 21% 27% 22% 16% 14% 347

 

Are you concerned that the new work dynamics will impact your career progression? Yes No Too soon to tell Grand Total
1236 1172 1392 3800
33% 31% 37% 100%

 

Are you concerned that the new work dynamics will impact your career progression? Yes No Too soon to tell Grand Total
Amazon 37% 27% 36% 310
Microsoft 33% 31% 36% 291
Google 35% 25% 40% 194
Facebook 41% 24% 35% 133
Uber 41% 24% 36% 76
LinkedIn 37% 25% 38% 65
Salesforce 37% 23% 40% 52
Intel Corporation 20% 35% 45% 49

 

Are you concerned that the new work dynamics will impact your career progression? Yes No Too soon to tell Grand Total
I am a new hire / less than a year 35% 27% 38% 911
1-3 years 32% 30% 38% 1291
3-5 years 29% 32% 39% 669
5-10 years 33% 34% 33% 544
more than 10 34% 38% 28% 347

 

Key Learnings:

  • 53% Of professionals prefer remote work to an office setting
    • New hires only marginally find remote work less favorable (48%)
  • The biggest challenges of remote work range from at-home distractions, no work-life balance, isolation, and lack of networking.
    • ⅓ Of Facebook professionals find at home distractions to be the biggest challenge of remote work
    • 30% of Apple professionals find “no work-life balance” to be the biggest challenge of remote work
    • 24% of Google professionals find isolation to be the biggest challenge of remote work
    • 24% of new hires find isolation to be the biggest challenge of remote work
  • ⅓ of professionals are concerned that the new work dynamics will impact their career progression
    • 41% of Uber professionals are concerned about their career progression
    • 35% of new hires are concerned about their career progression

These findings have implications for employers to help prevent burnout and preserve morale in the increasingly digital workplace.

The post Silicon Valley highlights the biggest challenge of remote work appeared first on ValueWalk.

Original Article Posted at : https://www.valuewalk.com/2020/06/silicon-valley-challenge-of-remote-work/<\p>