Current:Home > MySome companies plan to increase return-to-office requirements, despite risk of losing talent -FutureWise Finance
Some companies plan to increase return-to-office requirements, despite risk of losing talent
View
Date:2025-04-18 14:26:58
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! (6)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Judge blocks most of an Iowa law banning some school library books and discussion of LGBTQ+ issues
- Shirley Bassey and Ridley Scott are among hundreds awarded in UK’s New Year Honors list
- 11 books to look forward to in 2024
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Make the Most of Your Lululemon Gift Card with these End-of-Year Scores, from $29 Tops to $19 Bags & More
- The Color Purple premieres with sold-out showings in Harlem
- Arizona judge denies a GOP move to block a voter-approved law for transparent campaign financing
- Intel's stock did something it hasn't done since 2022
- Vehicle crashes on NJ parkway; the driver dies in a shootout with police while 1 officer is wounded
Ranking
- Small twin
- Court in Canadian province blocks new laws against public use of illegal substances
- Schrader runs for 128 yards and a TD as No. 9 Missouri beats No. 7 Ohio State 14-3 in Cotton Bowl
- NYE 2023 is on a unique date that occurs once every 100 years: Here's what 12/31/23 means.
- New data highlights 'achievement gap' for students in the US
- Kenny Albert takes on New Year's broadcasting twin bill of Seahawks, Kraken games
- Make the Most of Your Lululemon Gift Card with these End-of-Year Scores, from $29 Tops to $19 Bags & More
- 2003 Indianapolis 500 champion Gil de Ferran dies at 56
Recommendation
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Taiwan’s presidential candidates emphasize peace in relations with Beijing
Powerful Pacific swell brings threat of more dangerous surf to California
Mexico and Venezuela restart repatriation flights amid pressure to curb soaring migration to U.S.
Former Danish minister for Greenland discusses Trump's push to acquire island
SoundHound AI Stock has plunged. But could it be on the upswing next year?
New York governor vetoes change to wrongful death statute, nixing damages for emotional suffering
The Color Purple premieres with sold-out showings in Harlem