Workers hold bargaining power in plans to return to power

More amenities and less floor space mark return-to-work transitions: survey

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(The real deal) – As return-to-work plans gain momentum, a survey of building managers and commercial real estate advisors found companies rely heavily on their employees to determine what form office life.

There is one facet of the future of the office where employees have the most flexibility: their schedules.

Most organizations plan to let employees choose how many days they will work remotely, according to a report from the Blue Skyre IBE commercial real estate consultant. The firm interviewed more than 450 real estate professionals in the United States and Canada in late July and early August.

Interviewees said remote work allowances would be essential for companies to retain talent.

Office managers largely predicted a hybrid approach to working in the office, with 55% predicting a balance of three to five days a week and 23% saying employees would share remote and office work 50-50. Only 21% said most of their employees would work remotely the majority of the time.

Almost half of organizations would also give employees access to wellness equipment and the flexibility to work from anywhere, according to the survey. Most would give employees a one-time bonus, and about a third of companies would pay for employees to move.

The wave of benefits comes amid a shift in the power dynamics that govern the job market.

With the staff still declining 3 million workers at pre-pandemic levels and the “Great resignation»Adding to the labor shortage, employers go the extra mile, raise wages and increase benefits to attract workers.

Half of the companies featured in the survey also said they plan to increase budgets to pay for building upgrades, such as improving security, systems and HVAC technology, in addition to ‘a new crop of equipment.

As a possible cost saving measure, just under half of building managers said their organization would change their building space. Within this cohort, 45% would reduce space by up to a quarter and 32% expected floor plans to shrink by at least 10%.