Comment by james_woods
Comment by james_woods 3 days ago
Citing an article from MIT Sloan Management Review:
"But there’s no clear evidence that these mandates improve financial performance. A recent study of S&P 500 companies that was conducted by University of Pittsburgh researchers found that executives are “using RTO mandates to reassert control over employees and blame employees as a scapegoat for bad firm performance.” Those policies result in “significant declines in employees’ job satisfaction but no significant changes in financial performance or firm values,” they concluded." (https://sloanreview.mit.edu/article/return-to-office-mandate...)
>When we look back over the last five years, we continue to believe that the advantages of being together in the office are significant.
>we’ve observed that it’s easier for our teammates to learn, model, practice, and strengthen our culture;
They believe there are advantages to being fully in-office because they have observed these things. Zero mention of actual data to back up their beliefs and observations despite substantial industry data verifying that remote and hybrid work environments are more beneficial on almost every level.