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Working in the office 5 days a week to build company culture is a myth, PwC report says
MSN.com ^ | September 20, 2024 | Orianna Rose Royle (Fortune)

Posted on 09/20/2024 8:21:49 PM PDT by Tolerance Sucks Rocks

Amazon has become the latest major company to order staff to return to the office five days a week, effectively ending working from home at the $1.99 trillion tech giant.

Just like JPMorgan, Boots, and Goldman Sachs’ bosses, Amazon’s CEO Andy Jassy cited strengthening company culture as one of the main reasons behind raising its in-office requirements from three days to full-time.

However, a new report from PwC suggests that the move to full-time in-office work could have a different effect than the one intended.

The Big Four accounting firm conducted 13 months of research and surveyed over 20,000 business leaders, chief human resources officers and workers for its new Workforce Radar Report—and it found that hybrid workers feel more included and productive than those who sit at their company’s desk five days a week. “While many companies are pushing for return to office, it turns out that hybrid workers demonstrate the highest levels of satisfaction,” the report highlights.

The researchers found that over three-quarters of hybrid workers feel like they belong, compared to 74% of fully on-site workers and 68% of remote workers.

Similarly, 74% of hybrid workers are engaged—this drops to 72% for in-office workers and 63% for remote workers.

These may seem like marginal differences, but they have a ripple effect on company culture: A staggering 90% of hybrid employees reported that the culture at their firm promotes community, collaboration, inclusion and belonging.

“The idea that being on-site all day every day is necessary to establish and sustain a strong culture is a myth,” the report concludes. “Don’t be afraid to offer flexible options for fear of diminishing it.”

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: amazon; companyculture; hybridwork; returntooffice; workathome
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1 posted on 09/20/2024 8:21:49 PM PDT by Tolerance Sucks Rocks
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To: Tolerance Sucks Rocks

Women are better at keeping their mouths shut until they get home.


2 posted on 09/20/2024 8:23:31 PM PDT by DIRTYSECRET
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To: Tolerance Sucks Rocks

The majority of people not required to show up at the office are happy with that. Wonder how much this study cost


3 posted on 09/20/2024 8:24:42 PM PDT by Stingray51 ( )
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To: All
Amazon RTO push is like ordering a new dish at a restaurant, only to realize you like your usual order better, says ex-Google HR boss
4 posted on 09/20/2024 8:27:07 PM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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To: Tolerance Sucks Rocks

5 posted on 09/20/2024 8:28:57 PM PDT by MinorityRepublican
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To: Stingray51

“The majority of people not required to show up at the office are happy with that. Wonder how much this study cost”

Not part of the study.


6 posted on 09/20/2024 8:30:24 PM PDT by TexasGator (l . . l / l / . l l . l))
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To: Tolerance Sucks Rocks

They are trying to get people who live a good ways away from an office to quit by mandating that they be in an office a certain amount of days a week or be fired. Since remote work became a preferred method of work a lot of the workorce relocated to semi rural areas. At least thats what I think is happening at my company.


7 posted on 09/20/2024 8:32:37 PM PDT by gawatchman
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To: All
Thoughts on Amazon’s full return to the office from a CEO who knows the value — and the trade-offs
8 posted on 09/20/2024 8:34:18 PM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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To: Stingray51
The majority of people not required to show up at the office are happy with that. Wonder how much this study cost

Hard for me and the wife to relate to this. Besides working the standard 5-day week, we were also on 24/7 call, having to sometimes go to work at all hours of the night, weekend, and on holidays. I’ve worked jobs from Monday thru Saturday, 6 days a week. Commuting every day was a requirement.

My youngest daughter works from home for an IT software company. The company paid for her home office equipment, and she video corresponds with her team as needed. The company did away with their office space so there is no office to report to. She is very happy with this arrangement so she has more time for her daughter.

Another daughter also worked at home, until last year her company began requiring her to work 3 days a week at the office. She is also happy to spend time with her kids when working at home. She doesn’t like working at the office building.

9 posted on 09/20/2024 8:41:25 PM PDT by roadcat ( )
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To: Tolerance Sucks Rocks

Return to office protocols are simply schemes to justify exorbitant real estate expenses that companies cannot easily extract themselves from.


10 posted on 09/20/2024 8:50:34 PM PDT by Jim Hill
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To: Tolerance Sucks Rocks

Going back to the office means your available work time will be clogged by various and often conflicting meetings in person, along with lunch and gossip time.

The policy does make sense if it’s intended to get everyone back to the office and then use remote or hybrid work as an element of compensation, since it’s something people want.


11 posted on 09/20/2024 9:04:14 PM PDT by Bob Wills is still the king (Just a Texas Playboy at heart!)
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To: Jim Hill

“Return to office protocols are simply schemes to justify exorbitant real estate expenses that companies cannot easily extract themselves from.”
____________________________________________________________

That’s a great observation as well. Especially since commercial real estate in most downtown areas has an extraordinary vacancy rate. Foreclosures on big buildings has already begun, and many are moving for as little as a tenth of their last sale price.


12 posted on 09/20/2024 9:09:16 PM PDT by Bob Wills is still the king (Just a Texas Playboy at heart!)
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To: All

“Really, you’re gonna work from home? And you’re gonna make everyone else who made your car come work at the factory? The people who make your food that gets delivered, they can’t work from home? The people who fix your house, they can’t work from home but you can? Does that seem morally right? It’s messed up,” Musk added.


13 posted on 09/20/2024 9:16:11 PM PDT by MinorityRepublican
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To: MinorityRepublican

Many business decisions do not seem to be determined by what works best.


14 posted on 09/20/2024 9:43:45 PM PDT by oldtech
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To: Tolerance Sucks Rocks

All credit for my perfect record of NOT strangling a coworker at staff meetings belongs to my employer for not having in-person staff meetings.

In all seriousness, there’s no need to keep shoveling money at blue cities for office buildings. Let the cities die.


15 posted on 09/20/2024 9:50:18 PM PDT by FormerFRLurker ("Those who can make you believe absurdities can make you commit atrocities"-Voltaire)
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To: oldtech
Many business decisions do not seem to be determined by what works best.

Each company is different.

Obviously, remote work is not going to work for Elon Musk.

16 posted on 09/20/2024 9:54:10 PM PDT by MinorityRepublican
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To: MinorityRepublican

By that logic it’s messed up that a software engineer is paid more than the person who makes the engineer’s car and food. Different jobs have had different requirements and perks since before the term “capitalism” was coined.


17 posted on 09/20/2024 9:54:18 PM PDT by FormerFRLurker ("Those who can make you believe absurdities can make you commit atrocities"-Voltaire)
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To: DIRTYSECRET

Not everything is about men vs women. You seem obsessed.


18 posted on 09/20/2024 9:56:48 PM PDT by FormerFRLurker ("Those who can make you believe absurdities can make you commit atrocities"-Voltaire)
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To: Tolerance Sucks Rocks

What’s the statistical difference between 3/4 and 74% when you factor the margin of error for this sample size?

Anyway if the boss says come in you come in, find a new job, or start your own business and make your own rules.


19 posted on 09/20/2024 10:05:37 PM PDT by monkeyshine (live and let live is dead)
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To: FormerFRLurker

That’s not his point. You see the disconnect from Big Tech and Fed Govt from the rest of America. That’s why they’re out of touch.


20 posted on 09/20/2024 10:18:50 PM PDT by MinorityRepublican
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