Dr. Gleb Tsipursky – The Office Whisperer
Nirit Cohen – WorkFutures
Angela Howard – Culture Expert
Drew Jones – Design & Innovation
Jonathan Price – CRE & Flex Expert
What’s going on:
More business leaders and companies are updating work environment policies to encourage employees to return to office work, typically in the form of hybrid work. Computer World reports that a growing number of employers are arguing that productivity offered in an office setting cannot be replicated in a remote work environment. This sentiment can actually be backed up by data. According to U.S. Bureau of Labor Statistics data, productivity has suffered a drop of 1.9%, the largest dip in two years.
Computer World reports that the 10-city average occupancy rate was 49.2% which is close to the highest occupancy rate since March 2023.
Why it matters:
Hybrid work could potentially address the decline in productivity experienced during the pandemic’s remote working era. The number of desk bookings is also reported to have experienced an uptick. However, increased calls to the office have been met with mixed reactions from employees. The data shows that some are welcoming these changes, but others are still resistant to the updated policies.
How it’ll impact the future:
These trends are expected to lead to the increased adoption of more hybrid work policies, where employees are required to be in the office for a certain number of days out of the week. This increased adoption of hybrid work could redefine the way work is conducted — impacting both employees and businesses.
With different industries experiencing varying levels of remote and in-person work, the future work landscape is still likely to remain diverse and flexible. Different work environments might suit different industries better than others.
