Current:Home > MyFastexy Exchange|Some companies plan to increase return-to-office requirements, despite risk of losing talent -Wealth Evolution Experts
Fastexy Exchange|Some companies plan to increase return-to-office requirements, despite risk of losing talent
TradeEdge View
Date:2025-04-07 06:02:49
A quarter of U.S. companies will require its workers to show up at the office more often next year,Fastexy Exchange even though doing so may cause some productive staff members to leave.
That's according to new findings from ResumeBuilder.com which surveyed 756 employers at companies with return-to-office policies in place since 2021. RTO mandates have been one of the most divisive issues in corporate America since the nation emerged from the pandemic, with companies and employees often clashing over policies.
Among companies planning to require an increased number of days in office, 86% cited productivity as the top reason for doing so. That was followed by a desire to improve company culture (71%), employee well-being (57%) and retention (55%).
However, the findings of at least one study on RTO mandates seems to contradict those motives. Research from the Katz Graduate School of Business at the University of Pittsburgh, found that RTO mandates have no impact on companies' financial performance. It also found that RTO policies can cause a "significant decline" in employee satisfaction. That may explain why 80% of companies in Resume Builder's survey said they have lost talent as a result of their RTO policy.
"Unfortunately, I think many business leaders make assumptions about things like productivity, culture, and employee well-being," Julia Toothacre, resume and career strategist at Resume Builder, said the report. "Productivity is a result of clear expectations and good management. Culture is driven by people, not physical spaces, and employee well-being is more about how people are managed, their stress levels, and the amount of flexibility they have."
The survey also found that 45% of companies will not push employees to come into the office more often next year, choosing to leave their current RTO policy as is. Another 21% said employees will be allowed to come in less frequently in 2025.
Still, an overwhelming 93% of business leaders believe employees should be physically present in the office and therefore support RTO mandates. Most employers currently require that employees work in office a certain number of days, with 38% enforcing a minimum of three days per week. Amazon, Apple, and Starbucks are among the companies now requiring workers to come in three days a week.
As work-life balance becomes a higher priority for employees, however, Toothacre says companies can expect more walkouts as a result of RTO mandates.
"People may have moved and aren't willing to move again to keep their position," she said. "It's also possible that there are familial responsibilities that require a flexible schedule or the need to be at home. Some people also like working from home or remotely and don't want to return to an office environment."
ResumeBuilder.com drew its results from a May survey of business owners, human resource managers, supervisors, CEOs, senior managers and other top decision-makers at companies. The respondents were all over age 25, made over $75,000 a year and had an education higher than a high school diploma.
Khristopher J. BrooksKhristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S. housing market, the business of sports and bankruptcy.
TwitterveryGood! (378)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- US women's volleyball settles for silver after being swept by Italy in Olympics final
- Aaron Rai takes advantage of Max Greyserman’s late meltdown to win the Wyndham Championship
- Fatal weekend shootings jolt growing Denver-area suburb
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- USA wrestler Kennedy Blades wins silver medal in her first Olympic Games
- A'ja Wilson had NSFW answer to describe Kahleah Copper's performance in gold medal game
- Inside a Michigan military school where families leave teenagers out of love, desperation
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Boxer Imane Khelif files legal complaint over 'cyber harassment,' lawyer says
Ranking
- Arkansas State Police probe death of woman found after officer
- USA men's basketball, USWNT gold medal games at 2024 Paris Olympics most-watched in 20+ years
- Marathon swimmer says he quit Lake Michigan after going in wrong direction with dead GPS
- US women's volleyball settles for silver after being swept by Italy in Olympics final
- 2025 'Doomsday Clock': This is how close we are to self
- Latinos are excited about Harris, but she has work to do to win the crucial voting bloc, experts say
- Aaron Rai takes advantage of Max Greyserman’s late meltdown to win the Wyndham Championship
- Mike Tirico left ESPN, MNF 8 years ago. Paris Olympics showed he made right call.
Recommendation
SFO's new sensory room helps neurodivergent travelers fight flying jitters
Americans’ refusal to keep paying higher prices may be dealing a final blow to US inflation spike
Simone Biles Has THIS Special Role at 2024 Paris Olympics Closing Ceremony
Schumer says he will work to block any effort in the Senate to significantly cut the CDC’s budget
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Blink Fitness, an affordable gym operator owned by Equinox, files for Chapter 11 bankruptcy
Aaron Rai takes advantage of Max Greyserman’s late meltdown to win the Wyndham Championship
Who will be on 2028 Olympic women's basketball team? Caitlin Clark expected to make debut