Are Return-to-Office Mandates Good for Business?
It’s a fair question to ask. Huge corporations with millions of employees have been issuing RTO mandates like they’re lives depend on it, but the reality is that most work from home statistics show that businesses aren’t getting ahead by forcing employees back in the office.
For starters, research shows that companies that issue return-to-office mandates have seen no significant impact on either stock returns or profitability. On top of that, companies have offer remote work have been shown to have 16% higher revenue growth than those that don’t.
If you valuable employee retention, return-to-office mandates aren’t the best strategy either, with over 33% of remote workers saying that they would leave their job if forced back to their commutes.
Suffice to say, if you’re a business that wants to get ahead, return-to-office mandates are probably not the way to go.
