Current:Home > MySome companies plan to increase return-to-office requirements, despite risk of losing talent -FinanceMind
Some companies plan to increase return-to-office requirements, despite risk of losing talent
View
Date:2025-04-16 19:14:08
A quarter of U.S. companies will require its workers to show up at the office more often next year, 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! (33151)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Jelly Roll gives powerful speech to Congress on fentanyl: What to know about the singer
- 15 Slammin' Secrets of Save the Last Dance
- Gucci’s new creative director plunges into menswear with slightly shimmery, subversive classics
- See you latte: Starbucks plans to cut 30% of its menu
- It Ends With Us: See Blake Lively and Justin Baldoni Kiss in Colleen Hoover Movie
- Midwest braces for winter storm today. Here's how much snow will fall and when, according to weather forecasts
- Simone Biles talks Green Bay Packers fans, husband Jonathan Owens, Taylor Swift at Lambeau
- Louvre will undergo expansion and restoration project, Macron says
- Belarusian journalist goes on trial for covering protests, faces up to 6 years in prison
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- A British D-Day veteran celebrates turning 100, but the big event is yet to come
- After years of delays, former New Zealand Prime Minister Jacinda Ardern ties the knot
- Wait, did Florida ban the dictionary? Why one county is pulling Merriam-Webster from shelves
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- NFL playoff games ranked by watchability: Which wild-card matchups are best?
- Man dies, brother survives after both fall into freezing pond while ice fishing in New York
- Mass shooting at Buffalo supermarket now Justice Department’s first death penalty case under Garland
Recommendation
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
Body of skier retrieved from Idaho backcountry after avalanche that forced rescue of 2 other men
Crash between school bus, coal truck sends 20 children to hospital
Are We Having Fun Yet? The Serious Business Of Having Fun
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
A mudslide in Colombia’s west kills at least 18 people and injures dozens others
Los Angeles police Chief Michel Moore announces he is retiring at the end of February
'True Detective' Season 4: Cast, release date, how to watch new 'Night Country' episodes