During work in the office, people spend 25% more time on career development: study

New York: A new study says that those who work in the office spend about 40 minutes a week to mentoring others alongside devoting to career-development activities.

While corporate organizations are in support of office work, data from a team of economists suggest that hybrid work arrangement goes down well with the study findings.

According to WFH Research, a group that includes Stanford University economist Nicholas Bloom, workers in the office spend 25 percent more time in career-development activities than those worked from home, Bloomberg reported.

The study, which surveyed more than 2,400 US adults who work from home, supported the argument of CEOs of big corporates like JPMorgan Chase & Co and Morgan Stanley that workers need to be on-site’ more often than not to learn and develop sharing time with experienced colleagues.

During pandemic, a large number of workers across the world began to work from home; however, even after the world emerged from the crisis, workers in Wall Street banks clamoured for flexibility, according to the report.

The survey reportedly support the hybrid work schedules which is again corroborated by Jose Maria Barrero who is a member of the research group, saying that workers ‘need a few days each week to mentor and be mentored.’

After studying more than 1,000 software engineers, the researchers said older workers not returning to office may ‘depress younger workers skill accumulation’.

The study added that proximity of older workers help young workers learn most on the job and are likely to quit when proximity is not happening.