Remote Professional Networking Data: Savanta

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Remote Professional Networking Data: Savanta

Savanta reveals data from 500 Americans who are working from home about their professional networking.

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Q4 2020 hedge fund letters, conferences and more

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Data highlights: Work from Home

  • 51% of the working Americans are currently working from home

Preferred mode of networking during the pandemic

  • 46% of the working Americans are networking on social media platforms
  • 35% of the working Americans are attending virtual meetups
    • Americans who are currently working from home are more likely to attend virtual meetups (44%) than those who are currently working from outside home/place of work (26%)
  • 26% of the working Americans are connecting with their ex-colleagues/mentors using virtual audio/video meetings
    • Americans who are currently working from home are more likely to connect with their ex-colleague/mentors using virtual audio/video meetings (34%) than those who are currently working from outside home/place of work (17%)
  • 26% of the working Americans are attending virtual conferences/seminars/live events
    • Americans who are currently working from home are more likely to attend virtual conferences/seminars/live events (33%) than those who are currently working from outside home/place of work (17%)
  • 16% of the working Americans are connecting with their alumni using virtual audio/video meetings
    • Americans who are currently working from home are more likely to connect with their alumni using virtual audio/video meetings (23%) than those who are currently working from outside home/place of work (9%)

Preferred sources to enhance the professional network

  • 54% of the working Americans use Facebook to enhance their network
  • 39% of the working Americans use LinkedIn to enhance their network
    • Americans who are currently working from home are more likely to use LinkedIn to enhance their professional network (48%) than those who are currently working from outside home/place of work (30%)
  • 22% of the working Americans use Twitter to enhance their network
    • Americans who are currently working from home are more likely to use Twitter to enhance their professional network (31%) than those who are currently working from outside home/place of work (12%)
  • 13% of the working Americans use industry association networks
  • 12% of the working Americans use Meetup to enhance their network
    • Americans who are currently working from home are more likely to use Meetup to enhance their professional network (16%) than those who are currently working from outside home/place of work (7%)

Professional networking during the pandemic

  • 43% of the working Americans feel that networking online makes it easy to start communication
    • Americans who are currently working from home are more likely to feel that networking online makes it easy to start communication (52%) than those who are currently working from outside home/place of work (34%)
  • 42% of the working Americans have increased their social/professional connections since the pandemic started
    • Americans who are currently working from home are more likely to have increased their social/professional connections since the pandemic started (49%) than those who are currently working from outside home/place of work (35%)
  • 41% of the working Americans believe that online tools have helped them in getting more business
    • Americans who are currently working from home are more likely to believe that online tools have helped them in getting more business (54%) than those who are currently working from outside home/place of work (27%)
  • 38% of the working Americans have increased communication with manager/colleague since working remotely
    • Americans who are currently working from home are more likely to have increased communication with manager/colleague since working remotely (51%) than those who are currently working from outside home/place of work (25%)
  • 33% of the working Americans feel that virtual happy hours positively impact their relationship with colleagues on a personal level
    • Americans who are currently working from home are more likely to feel that virtual happy hours positively impact their relationship with colleagues on a personal level (41%) than those who are currently working from outside home/place of work (24%)

Activities performed to stay professionally connected

  • 41% of the working Americans joined various professional groups on social media
  • 34% of the working Americans researched and connected with industry experts on virtual platforms like LinkedIn
    • Americans who are currently working from home are more likely to have researched and connected with industry experts on virtual platforms (39%) than those who are currently working from outside home/place of work (28%)
  • 23% of the working Americans connected with speakers and panel representatives after virtual conferences
    • Americans who are currently working from home are more likely to have connected with speakers and panel representatives after virtual conferences (29%) than those who are currently working from outside home/place of work (17%)
  • 17% of the working Americans wrote blogs and articles on social media to increase relevant connections
    • Americans who are currently working from home are more likely to have written blogs and articles to increase relevant connections (23%) than those who are currently working from outside home/place of work (10%)
  • 16% of the working Americans enrolled for paid meetups and professional gatherings
    • Americans who are currently working from home are more likely to have enrolled for paid professional meetups (21%) than those who are currently working from outside home/place of work (11%)

Activities performed by the companies to increase interactions

  • 34% of the companies organize weekly knowledge sharing sessions
    • Americans who are currently working from home are more likely to claim that their company organizes weekly knowledge sharing sessions (41%) than those who are currently working from outside home/place of work (27%)
  • 32% of the companies have increased communication for the senior leadership
    • Americans who are currently working from home are more likely to claim that their company have increased communication from senior leadership (42%) than those who are currently working from outside home/place of work (21%)
  • 31% of the companies encourage the informal chat sessions
    • Americans who are currently working from home are more likely to claim that their company encourages the informal chat sessions (36%) than those who are currently working from outside home/place of work (26%)
  • 24% of the companies organize virtual hangouts/coffee breaks
  • 18% of the companies provide mental health helpline
    • Americans who are currently working from home are more likely to claim that their company provides mental health helpline (22%) than those who are currently working from outside home/place of work (13%)
  • 12% of the companies provide office furniture and supplies for the home office
    • Americans who are currently working from home are more likely to claim that their company provides office furniture for the home office (18%) than those who are currently working from outside home/place of work (7%)

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About Savanta 

Savanta is a fast-growing data, research and advisory firm with five global offices and 347 staff. We inform and inspire our clients through powerful data, empowering technology and high-impact consulting. All designed to help our clients make better decisions and achieve faster progress. Savanta offers clients a full range of intelligence services, including:

  • Bespoke research – tailored solutions built using specialists from Savanta’s Industry Methodology Practices
  • Data collection and analysis – access to 100 million respondents through a proprietary technology platform
  • Intelligence products – including the BrandVue and MarketVue reputation tracking services

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Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver

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