Worker Optimism Shaken during Pandemic, But Future Outlook is Positive

May 7, 20211:04 pm1183 views
Worker Optimism Shaken during Pandemic, But Future Outlook is Positive
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Optimism among workers in Australia has been shaken in the wake of the COVID-19 pandemic, but there is a confidence that the ‘new normal’ will result in positive changes to the working environment, reveals the ADP® Research Institute’s People at Work 2021: A Global Workforce View.

ADP’s report found that four out of five Australian workers feel optimistic about the next five years in the workplace.

The global survey of more than 32,000 workers in 17 countries explores whether the effects of the pandemic have impacted employees’ attitudes towards the current world of work and what they expect and hope for from the workplace of the future.

Australians also appear hopeful that COVID-19 will have a positive impact on key workplace factors. Two in five Australian workers surveyed were extremely or very confident that they could find another job offering the same job satisfaction (42 percent), better pay (40 percent) or increased flexibility (39 percent).

Peter Hadley, President – APAC at ADP, commented: “This new data from ADP tells us thatAustralians really felt the pressures falling out from the COVID-19 pandemic.

“Although many people have been hard hit professionally, there’s a sense that what has been a dark could have a silver lining in various ways when it comes to the world of work. Particularly in terms of accelerating the shift towards flexible working patterns, with two in five Australians saying they believe COVID-19 has had a positive impact here.”

See also: Youth Optimism Hard to Find in Japan, Tops Ranking in World’s Gloomiest Millennials

In the current landscape, the report indicates that while there is optimism for what the future holds, there remain high levels of unease, with almost three-quarters of workers (72 percent) saying that during the pandemic they have had concerns over their financial or job security. 

These fears are understandable, given that more than half (56 percent) report having been impacted professionally in some way due to COVID-19. Of these changes, a quarter of respondents (25 percent) either lost a job, were furloughed, or were temporarily laid off by their employer. One in six took a pay cut (15 percent), while almost one in five (18 percent) reduced their hours or responsibilities.

“Understandably, job or financial security is front of mind for many, and these concerns unfortunately reflect reality. In a year when many businesses have had to shut temporarily or permanently, or significantly alter their operations, the effects of the disruption and uncertainty on the workforce have been profound,” said Hadley.

“The challenge now for employers and HR teams is to find ways to harness the positives while, as far as possible, alleviating the negatives to ensure that staff stay upbeat, motivated and empowered to do well moving forward.”

Australian workers’ views on the positive versus negative impacts of COVID-19 on work

Considering the next three years, how do you expect COVID-19 to impact your work?Positive impactNegative ImpactNo impact
Development of my skill set33%23%44%
Flexibility at work38%21%41%
The way I do my work35%22%43%
Work-life balance32%28%40%
Opportunities to advance my career28%28%43%
Ability to find a new job23%39%39%
Financial security24%38%38%

Read also: Rising optimism among Singapore’s professionals likely to increase staff turnover

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