Postponement of pension, more overtime and smart working: what workers are doing to combat the high cost of living

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The latest Istat data explains that we cannot yet speak of an adjustment in the inflationary dynamic, even if recent months have shown signs of attenuation. In fact, a new rebound was observed in January. In all cases, the surge has not been absorbed on a real level, especially by those with lower salaries, because there has been no turning back from the price increases of the past months. This has forced people to change habits both in life and at work and to find small “do it yourself” strategies to combat the high cost of living. Delaying leaving work, trying to work overtime, finding a second job are among those that emerged from the latest data from the focus on the impact of inflation and the evolution of agile working from the Randstad workmonitor. To carry it out, Randstad interviewed 764 people in Italy between the ages of 18 and 67 (and around 26,800 globally)

The price surge and the workers’ reaction

72% of workers who were surveyed by Randstad are taking proactive steps. Four in 10 say they have received support from their companies, a third have had a salary increase or bonus in the last six months, while only 23% have received more support measures for families, such as childcare or parental leave .

THE PROACTIVITY OF WORKERS

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Workers’ strategies

To deal with the consequences of the high cost of living, workers have implemented various strategies: 24% intend to increase or have already increased their working hours, almost 20% are considering a second job, 14% are thinking of postponing their leaving due to retirement. But there is also 14% who have increased smart working to reduce travel costs. 20% of Italians today work mainly from home, 31% do not but would consider it the best solution, according to what the research explains. Regarding smart working, however, there is a tendency in companies towards greater balance and towards alternating between on-site presence and remote working.

New balance for smart working

For many, the possibility of choosing smart working or not is no longer so obvious: 38% say that their company does not offer enough flexibility for smart working, and in 34% of cases employers require presence in the office with greater consistency. However, there are pros and cons about smart working. If 14% of those interviewed make more use of working from home to avoid travel costs, 10% go to the office to save energy costs. Compared to 2022, according to Randstad research there is also less flexibility in terms of working hours, according to what 26% of respondents say. Valentina Sangiorgi, chief hr officer of Randstad, interprets these data by explaining that among workers «there is a greater awareness of what they aspire to in their professional life and they are increasingly attentive to finding employment that is sustainable for them, from an economic and organizational point of view.”

Flexibility

In this context, the possibility of being able to manage work with more flexibility is particularly appreciated: if working in the office is the preferred solution, it is no longer so 5 days out of 5 as in the past. Less than a third of workers would do so (29 %), While 41% would like a hybrid job equally distributed between home and workplace.



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