Return-to-office policies are 'creeping up,' researcher says. Many workers would rather quit
Published On Jan 23, 2025, 4:00 PM
A recent Pew Research Center poll shows that nearly half of workers prefer to quit rather than return to the office full-time. Major companies like Amazon and JPMorgan Chase have started enforcing return-to-office mandates, despite many workers valuing hybrid work as equivalent to an 8% pay raise. This shift has led to concerns about higher employee turnover rates in companies promoting strict in-office policies. Economists predict remote work will remain a significant feature of the labor market as it benefits company profits and employee satisfaction despite the potential downsides of reduced connectivity among coworkers.
Stock Forecasts
AMZN
Negative
The shift towards enforcing return-to-office mandates by major companies may negatively impact their stock performance in the long term due to the potential for increased turnover rates, and reduced employee morale. As more workers resist returning to the office full-time, companies may face operational challenges that could affect profitability.
BA
Negative
Boeing (BA) faces similar challenges as it pushes return-to-office mandates, potentially leading to increased turnover and operational disruption. Investors might want to consider the implications of employee sentiment on productivity and profitability moving forward.
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