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Age-divide determines whether small businesses will return to the office or work from home

Age-divide determines whether small businesses will return to the office or work from home

StrategyTop StoriesWorkforce Management

New research from Hitachi Capital Business Finance reveals that older small business owners will continue with hybrid and home working, while younger small business owners seem raring to get back to a bustling office in the next six months.

Bosses aged over 45 were found to be nearly twice as likely to be considering remote working by the end of this year as those under 35 (52% vs 29%). Specifically, around a quarter planned hybrid working (27%), with roughly the same proportion completely working remotely (25%), suggesting the older generation has adjusted well to the new methods of working during the lockdown era.

By contrast, bosses under 35 were significantly more likely to be planning a return to the office or on-site work environment. Around half (50%) intended to ask staff to return to the office – significantly higher than the proportion considering hybrid working (15%) or working entirely from home/remotely (16%).

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