Microsoft Work Trends 2022: Wellbeing in the Spotlight
- 18%In 2021, 18% of global workers left their jobs
- 47%Nearly half of global workers say they are now more likely to prioritise family and personal life over work than they were before the pandemic
- 53%Globally, 53% – particularly parents (55%) and women (56%) – say they’re more likely to prioritise their health and wellbeing over work than before the pandemic
- 24%Nearly a quarter of the people who left their job in the previous year cite personal wellbeing, mental health, or lack of work-life balance as the main reasons for quitting
- 19%Less than one in five people who left their jobs in 2021 cite “not receiving promotions or raises I deserved” as a reason for quitting, illustrating a shift in priorities
- 1 in 4Globally, one in four employees expect employers to provide mental health/wellbeing benefits and view them as a ‘very important’ aspect of work
- 38%Globally, 38% of employees expect flexible work hours and view this as a ‘very important’ aspect of work
“We’ve changed in some fundamental ways in terms of how we think about life, […] about what’s important to us, and in particular, how we think about work,” Jared Spataro, corporate vice-president of Microsoft 365 and Teams, told Fast Company.
What transpires in Microsoft’s 2022 Work Trend Index is a change in workers’ priorities. Globally, 53% of workers are now more likely to prioritise their health and wellbeing over work than they would have been before the pandemic, and nearly half (47%) aim to put a greater focus on family and personal life.
In this redefined ‘worth it’ equation – what people want from their jobs compared to what they’re willing to give – workers are acting on newfound priorities, with 18% of global workers leaving their jobs in 2021. Reasons for quitting included personal wellbeing or mental health (24%), work-life balance (24%), risk of getting Covid-19 (21%), lack of confidence in senior management (21%), and lack of flexible work hours or location (21%) (Microsoft, 2022). Inadequate compensation only ranked seventh (19%).
Furthermore, the survey assessed what employees want in a new job, besides remuneration. It found the aspects of work considered ‘very important’ are positive culture (46%), mental health and wellbeing benefits (42%), a sense of purpose or meaning (40%), flexible working hours (38%), and more than the average two weeks of paid leave per year (36%).
Microsoft is putting these findings into practice. For instance, it allows most of its global staff to work remotely up to 50% of the time without seeking permission from their manager.