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80% of bosses say they regret earlier return-to-office plans: ‘A lot of executives have egg on their faces’ (www.cnbc.com)

submitted 1 year ago by trashhalo@beehaw.org to c/news@beehaw.org

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Many company executives now regret their initial return-to-office plans, as 80% say they would have approached it differently if they understood employee preferences. While some firms are requiring more in-office time, citing collaboration needs, others are scaling back requirements due to retention issues. Successful companies like EY are listening to employees, addressing concerns over childcare and commuting, and seeing office attendance rise as a result. However, full office occupancy remains below pre-pandemic levels as hybrid work grows in popularity. It will take time for companies to settle on arrangements that satisfy both employees and management.

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[-] balls_expert@lemmy.blahaj.zone 35 points 1 year ago* (last edited 1 year ago)

Using the unused office will not "recoup" any costs, the money's gone. You're just paying for heat lights and AC in addition to increasing employee turnover, especially on the ones with easily markettable skills - often those you would most struggle to replace

[-] SoManyChoices@lemmy.sdf.org 2 points 1 year ago

Not an accountant, but maybe they have expense them differently or across a different time frame depending on utilization.

this post was submitted on 12 Aug 2023

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