Sweetening the Blow
Bloomberg suggests that JPMorgan is hoping to wow employees with a new building in midtown Manhattan and is offering “enticements including yoga and cycling rooms, meditation spaces, outdoor areas and a state-of-the-art food hall”.
However, for many, the cost of a five-day commute and stringent rules about attendance could be enough to drive them elsewhere. Even with reports suggesting that five days in the office can still offer some flexibility, some employees will simply feel their needs are being shoved aside despite no actual evidence that WFH isn’t efficient.