The Disconnect Between Remote Workers and Their Companies Is Getting Bigger
Kanebridge News
    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,720,356 (-0.49%)       Melbourne $1,032,164 (+0.03%)       Brisbane $1,202,525 (-0.01%)       Adelaide $1,059,532 (-1.15%)       Perth $1,096,286 (-0.29%)       Hobart $849,704 (-0.37%)       Darwin $877,272 (+3.98%)       Canberra $995,722 (-0.75%)       National Capitals $1,163,582 (-0.23%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $795,900 (-0.08%)       Melbourne $545,068 (-0.01%)       Brisbane $777,731 (-0.07%)       Adelaide $576,738 (-0.14%)       Perth $645,865 (-0.73%)       Hobart $574,457 (+1.02%)       Darwin $464,473 (-1.78%)       Canberra $499,147 (+2.13%)       National Capitals $631,243 (-0.02%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 13,852 (+48)       Melbourne 16,321 (+165)       Brisbane 9,348 (-171)       Adelaide 3,241 (+62)       Perth 8,046 (+66)       Hobart 725 (+8)       Darwin 162 (0)       Canberra 1,155 (+37)       National Capitals 52,850 (+215)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 9,523 (-44)       Melbourne 6,961 (+55)       Brisbane 2,097 (-8)       Adelaide 561 (+17)       Perth 1,557 (+21)       Hobart 167 (+6)       Darwin 221 (+2)       Canberra 1,239 (+5)       National Capitals 22,326 (+54)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $875 (-$5)       Melbourne $620 (+$10)       Brisbane $710 (-$10)       Adelaide $665 (+$5)       Perth $750 ($0)       Hobart $620 (+$5)       Darwin $850 ($0)       Canberra $750 (+$10)       National Capitals $741 (+$1)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $850 ($0)       Melbourne $630 (-$5)       Brisbane $680 ($0)       Adelaide $570 (+$10)       Perth $700 ($0)       Hobart $545 (+$23)       Darwin $650 ($0)       Canberra $600 ($0)       National Capitals $665 (+$2)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 6,498 (+32)       Melbourne 7,465 (-11)       Brisbane 3,655 (-41)       Adelaide 1,394 (+25)       Perth 2,273 (-9)       Hobart 247 (-6)       Darwin 41 (-1)       Canberra 470 (+19)       National Capitals 22,043 (+8)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 10,261 (+44)       Melbourne 6,264 (+33)       Brisbane 2,022 (+13)       Adelaide 418 (+5)       Perth 817 (-31)       Hobart 72 (-4)       Darwin 69 (-18)       Canberra 763 (+1)       National Capitals 20,686 (+43)                HOUSE ANNUAL GROSS YIELDS AND TREND         Sydney 2.64% (↓)     Melbourne 3.12% (↑)        Brisbane 3.07% (↓)     Adelaide 3.26% (↑)      Perth 3.56% (↑)      Hobart 3.79% (↑)        Darwin 5.04% (↓)     Canberra 3.92% (↑)      National Capitals 3.31% (↑)             UNIT ANNUAL GROSS YIELDS AND TREND       Sydney 5.55% (↑)        Melbourne 6.01% (↓)     Brisbane 4.55% (↑)      Adelaide 5.14% (↑)      Perth 5.64% (↑)      Hobart 4.93% (↑)      Darwin 7.28% (↑)        Canberra 6.25% (↓)     National Capitals 5.48% (↑)             HOUSE RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 1.5% (↑)      Brisbane 1.2% (↑)      Adelaide 1.2% (↑)      Perth 1.0% (↑)        Hobart 0.5% (↓)       Darwin 0.7% (↓)     Canberra 1.6% (↑)      National Capitals $1.1% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 2.4% (↑)      Brisbane 1.5% (↑)      Adelaide 0.8% (↑)      Perth 0.9% (↑)      Hobart 1.2% (↑)        Darwin 1.4% (↓)     Canberra 2.7% (↑)      National Capitals $1.5% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND       Sydney 35.2 (↑)      Melbourne 34.9 (↑)      Brisbane 38.0 (↑)      Adelaide 28.3 (↑)      Perth 41.9 (↑)      Hobart 31.0 (↑)      Darwin 29.9 (↑)      Canberra 34.7 (↑)      National Capitals 34.2 (↑)             AVERAGE DAYS TO SELL UNITS AND TREND       Sydney 32.7 (↑)        Melbourne 30.5 (↓)     Brisbane 34.6 (↑)      Adelaide 29.5 (↑)        Perth 39.2 (↓)     Hobart 29.5 (↑)      Darwin 31.9 (↑)        Canberra 37.9 (↓)       National Capitals 33.2 (↓)           
Share Button

The Disconnect Between Remote Workers and Their Companies Is Getting Bigger

More people who work from home say they don’t feel a connection to the mission of their employers

By LINDSAY ELLIS
Fri, Aug 25, 2023 8:50amGrey Clock 3 min

People who work from home are feeling more disconnected from the larger mission of their employers.

In a new Gallup survey, the share of remote workers who said they felt a connection to the purpose of their organisations fell to 28% from 32% in 2022—the lowest level since before the pandemic. The findings are from a survey this spring and summer of nearly 9,000 U.S. workers whose jobs can be done remotely.

By contrast, a third of full-time office workers reported a similar sense of connection, nearly the same as last year. Hybrid workers clocked in highest, with 35% saying their companies’ mission made them feel their jobs were important.

The findings have broader implications for businesses worried about remote work’s effects on employee loyalty and team productivity. For now, many workers say remote work affords them the ability to focus on their essential duties and avoid some of the extracurriculars of office life. This leaves it to companies to try to foster that sense of connection.

In short, more remote workers appear to be approaching their jobs with “a gig-worker mentality,” fulfilling the basic responsibilities of the role rather than anticipating the broader needs of their team or company, said Jim Harter, chief workplace scientist at Gallup, which has tracked worker engagement since 2000. Most professional roles, he points out, tacitly include expectations that go beyond the actual work, such as mentoring others or spurring innovation.

“That’s much more likely to happen if they feel they’re part of something significant,” he said.

Despite the lack of connection, the Gallup survey showed 38% of people who work remotely full- or part-time are engaged, or enthused about their work, compared with 34% of in-office workers.

The conflicting metrics show bosses don’t have any easy answers as they try to provide flexible working arrangements yet fret about worker productivity. Nearly 30% of U.S. workers in remote-capable jobs work exclusively at home, according to Gallup, a share that hasn’t wavered much in the past year. One reason they score higher in Gallup’s engagement metrics than their office peers is that they say they have a clear idea of what’s expected of them.

Many managers are unsatisfied with the current setup. In a Federal Reserve Bank of New York survey of business leaders released this month, the majority said remote work helped in recruiting employees yet worsened workplace culture, team cohesion and mentorship.

“People are a little bit more prone to drift to other employment, feeling less attached to the workplace,” said Howard Liu, chair of the psychiatry department at the University of Nebraska Medical Center, where clinicians can work several days each week from home and see patients virtually.

There’s also a risk that senior faculty may not think to include junior colleagues on presentations or projects if they don’t run into them in person, Liu said. His department now plans large outdoor events each quarter and recently rolled out smaller-group meals, where about 10 colleagues—from clinicians to receptionists—sign up to eat together. The department foots the bill.

Companies are fine-tuning how they manage their remote workforces, adding more virtual check-ins and team-building activities. Some are also bringing them together physically at more critical moments in their work with their teams.

Mr. Cooper, a Dallas-based mortgage lender and servicer, introduced a “home-centric” work model last year, letting staff still mostly work at home while having them come into the office occasionally. But as mortgage rates climbed and business got tougher, the lender’s sales managers asked their teams to come in one to three days a week, said Kelly Ann Doherty, its chief administrative officer.

The managers felt on-site work would help team members learn more from each other, improve individual performance and feel more invested in the organization, she said. It’s paid off: Productivity has improved, and the teams have closed more deals since, she said.

At Microsoft, just over a quarter of teams work together in the same location, compared with 61% of them pre pandemic. The company is now using data from internal research on in-person work and employee surveys to guide managers on when it’s most effective to work face-to-face.

One early finding is that new hires who meet their manager in person in the first 90 days are more likely to ask colleagues for feedback and say they are comfortable discussing problems with managers. These workers are also more likely to say that their teammates ask them for input to inform decisions or solve problems, Microsoft said.

“Think about social connection as a battery—you need to charge that battery every once in a while,” said Dawn Klinghoffer, vice president for human-resources business insights.



MOST POPULAR

Set on one of the city’s last absolute riverfront sites, The Riversdale by Mosaic combines irreplaceable waterfront ownership with one of Brisbane’s most significant residential opportunities.

Margot Robbie may have travelled from a Queensland farm to the highest reaches of Hollywood, but a reported $28 million property deal suggests the Gold Coast has never lost its hold on her. The Australian actor and producer is believed to be the mystery buyer of Redwood, a seven-acre Currumbin Valley estate transformed into the …

Related Stories
Lifestyle
The Rise of Million-Dollar Companies With Just One Employee
By 30/07/2026
Lifestyle
Dubai’s Property Boom Is Splitting Into Two Markets
By Staff Writer 29/07/2026
Lifestyle
Property of the Week: Longueville harbour home listed for the first time in a quarter of a century
By Staff Writer 17/07/2026
Why Chasing Yield After the Budget Could Cost You Everything

The federal budget has rattled property investors. But the biggest mistake isn’t the tax changes, it’s the conclusion many are drawing from them.

By Jeni O'Dowd
Tue, Jun 30, 2026 2 min

The recent budget has forced a reckoning for property investors.

Negative gearing now restricted to new residential builds, the CGT discount gone and on paper, the numbers look different.

And many investors are responding by pivoting toward yield, prioritising cash flow over capital growth in a way that property strategists say misses the point entirely.

“The debate has shifted to yield versus growth as if they are opposing forces,” says Abdullah Nouh, founder of Melbourne-based buyers’ agency Mecca Property Group. “But that framing is itself the mistake.”

Nouh, who works with high-net-worth families and investors on long-term acquisition strategy, argues that capital growth remains the primary driver of genuine wealth creation and that the post-budget environment has made quality assets more important, not less.

The numbers make his case plainly. An additional $500 per week in rental income is welcome. A prestige asset appreciating by $1 million over a market cycle is transformative.

These are not equivalent outcomes, and portfolios built around yield at the expense of location and land value tend to generate income while wealth stands largely still.

The more nuanced shift Nouh is seeing among sophisticated investors is a move toward assets where both outcomes can be engineered simultaneously – established homes on substantial land in quality locations, where the existing dwelling can be repositioned, rental returns improved, and the underlying land value compounds independent of what sits on it.

For investors with existing equity, commercial property is also entering the conversation in a more serious way.

Prestige industrial assets, medical centres and long-leased essential retail offer income profiles that residential property in most capital city markets cannot currently match: longer lease terms, tenants covering outgoings, and greater predictability than the residential tenancy cycle.

“The investors who build lasting wealth are rarely the ones who chased yield or growth exclusively,” says Nouh.

“They are the ones who built a strategy they could sustain – one that generated enough income to hold quality assets through multiple cycles while those assets compounded in value.”

The budget has changed the settings. It has not changed the fundamentals.

MOST POPULAR

From the Caribbean to Australia’s east coast, Oyster’s latest world rally promises a bluewater voyage designed for owners seeking ultimate sailing experiences.

Now complete, Ophora at Tallawong offers luxury finishes, 10-year defect insurance and standout value from $475,000.

Related Stories
Property
Inside the Summer Surge Powering Australia’s Holiday Home Markets
By Staff Writer 06/01/2026
Property
$11m sale breaks Bondi Junction apartment record
By Staff Writer 18/06/2026
Property
ABADEEN ADVANCES BOUTIQUE WOOLLAHRA PROJECT
By Jeni O'Dowd 23/02/2026
0
    Your Cart
    Your cart is emptyReturn to Shop