Back
~
1
min read
· Posted on
September 20, 2024

From the bedroom to the boardroom - 75% of Aussie CEO's want their staff back in the office

According to a new survey by KPMG, 75% of Australian CEOs want their staff back in the office for at least three days a week.

What's the key learning?

  • Working from home has become quite favorable to employees who need not to go through the hassles of early wake up, commuting, figuring out what to wear for work, and others.
  • Many also believe that they have become more "productive" since this allowed employees to do other things like chores or errands rather than being confined in the office.
  • However, this has also caused a decline in the productivity at work because this set up has divided employees' focus, thus many CEOs wanted their employees to be present at the office, just like pre-pandemic times.

👉 Background: We all remember that fateful week in March 2020 when 1 million Australians found themselves out of work and the majority of the country were forced to work from home. 4 years later, 37% of Australians are still regularly working from home.

👉 What happened: Now, 75% of Australian CEOs want their staff back in the office for at least three days a week, according to a new survey by KPMG On top of this, 64% of CEOs believe that productivity has taken a hit since everyone started working from home.

👉 What else: Tabcorp has just ordered staff to return to the office five days a week. And Amazon has also done the same! That's five whole days of commuting, small talk by the water cooler, and trying to remember how to dress for work again. And employees are not happy. Talk about a corporate showdown!

What's the key learning?

💡The future of work is flexible, but the definition of ‘flexible’ is still up for debate. The pandemic accelerated a trend that was already in motion—more flexible work arrangements.

💡 But now that CEOs are pushing for a return to the office and using carrots and sticks to do so. According to the KPMG report, CEOs are looking to reward office-based employees with pay rises and promotions.

💡 But if that doesn't work, 42% of CEOs are prepared to say “see ya later” to staff who refuse to return to the office. So it’s going to be an interesting few years as CEOs try to push staff back into the office.

Ready to win at money?

Sign up for Flux and join 100,000 members of the Flux family

A button to App StoreGoogle Play store button
Excellent  4.9 out of 5
Star rating