8/10/2023 0 Comments Elon musk paypal stock![]() ![]() “Hybrid is no longer just an employee perk but an employee expectation,” said Ranjit Atwal, a senior director analyst at Gartner. Some 45% of respondents in its most recent survey supported a mostly or fully in-office culture, compared with 37% in 2022.īy the end of 2023, 39% of global knowledge workers will have hybrid work situations, up from 37% in 2022, according to a forecast by the research firm Gartner. “Allowing an equal mix of office and remote work seems to be a strategy that is losing favor,” CBRE found. cities was hovering at 47.6% as of June 5, down from 49% the week before, according to Kastle, which tracks corporate ID-badge swipes in 2,600 buildings in 138 U.S. “Employees going back to the office is a big advantage for portfolios,” he said.Įmployers need to distinguish between two key questions, he said: “Does remote work work? And does remote work work for my portfolio?” Empty office space - and the declining value of commercial real estate - is likely influencing remote-work policies, Herd added.Īverage office occupancy in the 10 largest U.S. Herd said this is the big factor driving the return-to-office debate, and he believes that arguments about productivity and lazy, entitled employees are something of a red herring. “‘How can we continue to reduce headcount without firing people? One way is to say, ‘You need to come back.” ” - Chris Herd, CEO of Firstbase Some 53% of companies expect their office portfolios to shrink over the next three years, according to a survey of more than 200 real-estate executives by CBRE, a commercial real-estate company. “One way is to say, ‘You need to come back.’”Ĭompanies that are sitting on long office leases don’t want to incur massive losses if people stay home. “How can we continue to reduce headcount without firing people?” he said. Herd also suggested that some companies that overhired during the pandemic are using the back-to-the-office mandate as a way to get employees to volunteer to leave. Those in the latter group enjoy “short commutes and have people who drive them to the office, and often have no problem getting to the office,” he said. Office workers and ultra-wealthy people face two different realities, said Chris Herd, CEO of Firstbase, which advocates for remote work. Read more: As workers return to the office, companies turn to video technologyĬompanies are sitting on long office leasesīut there’s a disconnect between employers and employees in terms of expectations surrounding remote and hybrid work and of how productive - or not, as Musk contends - people who work from home are. You need to be out of the house,” said Galloway, who wrote the bestselling 2017 book “The Four,” about Alphabet, Amazon, Apple and Facebook. “The amount of time you spend at home is inversely correlated to your success professionally and romantically. ![]() Home is for seven hours of sleep - and that’s it.” New York University professor of marketing Scott Galloway recently said during a Wall Street Journal CEO Council event: “You should never be at home. “Remote is a great lifestyle, not a way to build a great company.” “Every interaction has to be scheduled, which means a lot of information-sharing doesn’t happen,” he said. Sacks went on to bemoan the lack of accidental and casual office brainstorming. “It’s time to admit that remote work doesn’t work,” he recently wrote on Twitter. ![]() CNBC reported this week that Google employees responded using memes on an internal site, with one reading, “Check my work, not my badge.”ĭavid Sacks, a venture capitalist and former PayPalĮxecutive, agrees with Musk about the supposed perils of working from home. It will track ID badges, and consider action against very absent employees if they are chronically shaking off the office. Last week called on hybrid-work employees who are required to go into the office three days a week to do just that. People should get off their goddamn moral high horse with their work-from-home bulls-.” Some Wall Street banks have also joined in.ĬEO and Twitter owner Elon Musk told CNBC in a recent interview: “I’m a big believer that people are more productive when they’re in person. Alphabet Inc.’s Google, Facebook owner MetaĪre pushing to increase the number of employees working at the office. Silicon Valley companies are doubling down on their efforts to get employees back to the workplace. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |