businessliberal
By 2025, Many Firms to Demand 3 Days in Office Weekly
GLOBAL, USA
ChinaSaturday, December 28, 2024
Let's talk about these leases. A lot of companies have them, and they last for a while. Nearly half of the surveyed firms have leases that run to 2028 or longer. Not surprisingly, these leases influence their RTO policies. But here's a bright spot: some companies are planning to reduce their office space, which might mean fewer days in the office for workers.
Now, a study from universities in the US and China found something interesting. When companies bring back RTO mandates, they experience a higher employee turnover rate, about 14%. This increase is especially noticeable among female, senior, and skilled employees.
Is this a case of "quiet firing"? Some think so. That's when a company creates conditions that make an employee want to leave on their own. Whatever the reason, companies need to consider if losing their best talent is worth it.
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