More companies now require office attendance than a year ago, causing them to change their office footprint to match office attendance patterns, reported CBRE, Dallas.
Tag: Return to Office
MBA Chart of the Week Dec. 1, 2022: Return to Office Rates
Thanks to a very tight labor market and technological advances, hybrid work reigns two and a half years after the onset of the COVID-19 pandemic, with employees at many companies coming into the office a few days a week. The extent to which this trend will continue – and what it means for the office market – will depend on employees’ and employers’ costs and benefits of being in the office versus remote and whether a transition to a looser labor market tilts the bargaining table to employers and their preference for more in-person collaboration.