All articles tagged with #workplace flexibility
Originally Published 5 months ago — by Business Insider
AT&T CEO John Stankey's detailed memo signals a shift in corporate culture towards direct communication, performance-based employment, and a focus on in-person collaboration, reflecting broader trends in corporate America where loyalty and tenure are less emphasized and performance and agility are prioritized.
Originally Published 7 months ago — by Government Executive
The Office of Personnel Management recommends telework and flexible work arrangements for D.C.-area federal employees due to traffic disruptions caused by the upcoming military parade celebrating the Army's 250th anniversary, which is expected to significantly impact commute times and traffic in the region.
Originally Published 1 year ago — by CNN
A KPMG survey reveals that 30% of large US companies are considering implementing four-day or four-and-a-half-day workweeks to address employee burnout and attract talent. While many workers express a preference for a shorter workweek, the approach is still in the experimental phase, with CEOs exploring its impact on employee health, productivity, and cost. Some companies that have trialed shorter workweeks are continuing with the approach, and AI may play a role in making it more feasible. Additionally, CEOs are increasingly embracing workplace flexibility, with a shift towards hybrid and remote work arrangements.
Originally Published 1 year ago — by Fortune
Gen Z bosses are challenging traditional corporate structures by introducing flexible work hours, siestas, and flattened hierarchies to accommodate their different work styles and prioritize mental well-being. They argue that the rigid 9-to-5 model doesn't align with their upbringing in a digital world and are striving to create work environments that cater to individual needs while maintaining productivity. These young founders are reshaping the workplace to prioritize well-being and autonomy, aiming to create a more inclusive and adaptable work culture.
Originally Published 1 year ago — by BBC.com
As companies strive to revive pre-pandemic office cultures, employees are prioritizing tangible benefits like flexible work arrangements, equitable pay, and a focus on humanity in the workplace over traditional perks. The shift in priorities is a natural consequence of the pandemic, with workers demanding to be seen as whole humans and advocating for their needs. Younger employees, in particular, are less interested in traditional office perks and more focused on tangible benefits that improve their lives, making it clear that companies need to adapt to retain talent in the post-pandemic world.
Originally Published 1 year ago — by Fortune
Many companies demanding a return to the office may be bluffing about the number of days they actually expect employees to be present, as they likely lack the space to accommodate everyone. CEOs are ordering employees back to the office, but data suggests that many workers are not complying with the mandates. Some companies are implementing strict return-to-office policies, such as banning remote work on Fridays and Mondays, in an effort to manage office space more efficiently. However, the shift back to the office is unlikely to be full-time, with three days a week being the norm due to space constraints.
Originally Published 1 year ago — by CNBC
CEO Frank Weishaupt of Owl Labs encourages "coffee badging," where employees swipe in at the office, have a coffee, and then work remotely, as a way to embrace flexible schedules and boost efficiency and morale. Weishaupt believes in hiring people to do a job, not to watch them work, and emphasizes the importance of trust and organic in-office participation. He advocates for task-based office use and urges bosses to trust their gut and do what's right for their particular workplace, rather than mandating strict in-office policies.
Originally Published 1 year ago — by CNBC
More companies are implementing strict return-to-office (RTO) mandates, with some facing resistance from employees and experiencing challenges in enforcement. While in-person collaboration is valued, employees continue to seek flexibility and may disengage or leave if companies are too inflexible. Some companies are staying the course with in-office requirements, while others are finding that employee happiness and engagement are influenced by factors beyond physical office presence.
Originally Published 1 year ago — by CNBC
CEO Frank Weishaupt of Owl Labs urges bosses to embrace flexible work arrangements, abandon traditional in-office expectations, and allow casual dress codes. He advises against using employee tracking software, emphasizing the importance of trust between employers and employees. Weishaupt's insights are based on his observations and experiences in the workplace over the past two decades, and he encourages other CEOs to adopt these concepts in 2024.
Originally Published 2 years ago — by Fortune
A report and survey of 5,000 workers conducted by Gympass and Northwell Health highlights the importance of choice in work arrangements for employee well-being and productivity. The study found that workers who had the opportunity to choose their preferred work setting were more productive, less stressed, better-rested, and happier with their employer. However, many companies are still mandating office returns, creating a gap in workplace well-being. The report emphasizes that the push for work-life balance is flawed and that employers should prioritize flexibility and strong wellness benefits to satisfy evolving employee needs. Workers now prioritize their well-being as much as their salary and are more likely to consider leaving a job that doesn't prioritize their well-being. Companies that prioritize employee well-being and mental health will be the most successful in the future.
Originally Published 2 years ago — by Fortune
CEOs have long blamed remote work for declining productivity, but economists argue that the slowdown in productivity growth is a long-term trend that predates the rise of remote work. A recent report by Goldman Sachs supports this claim, stating that productivity growth has either stalled or dropped over the past five years, and it is not due to remote work or other modern challenges. The concept of total factor productivity (TFP), which measures growth without adding to labor force or capital, suggests that productivity growth tends to gradually even off over time. While generative AI could potentially offset the growth slowdown, it is still premature to rely on it. The debate over remote work and productivity continues, with some arguing that flexible work arrangements are not to blame for reduced focus, but rather a lack of employee choice and weak workplace infrastructure.
Originally Published 2 years ago — by Fortune
A survey by workplace strategy firm Robin reveals that while companies are increasingly mandating employees to work a certain number of days in the office, they are also downsizing their office spaces. This seemingly paradoxical trend is driven by companies having a clearer vision of their office space needs, focusing on collaboration and flexibility. The survey also found that 80% of companies have downsized their offices since the pandemic, and 82% are concerned about being able to maintain their current office space. Despite the push for return-to-office policies, office attendance in large cities remains at about half the level seen in 2019.
Originally Published 2 years ago — by Forbes
Forbes has released its second Future of Work 50 list, highlighting leaders, executives, thinkers, and teams shaping the future of work. The list includes individuals and companies involved in AI development, skills-based hiring, hybrid work models, labor movement empowerment, and innovative approaches to managing people. Despite the uncertainties brought by the pandemic and AI, there are positive developments such as the potential for generative AI to make work easier, the rise of a stronger labor movement, and the shift towards hiring based on skills rather than degrees. The list provides a snapshot of those influencing the future of work and offers insights into the changing landscape.
Originally Published 2 years ago — by Yahoo Finance
Nvidia, a $1 trillion AI superpower, is bucking the return-to-office trend and allowing its employees to choose whether they work remotely or in the office. While other companies like Amazon and Meta have issued mandates for employees to return to the office, Nvidia is sticking with its policy of letting employees work from home indefinitely. The company views this flexibility as a way for employees to balance their personal and work obligations while preparing for the future. Nvidia's approach may give it a talent advantage by attracting employees who are alienated by strict return-to-office mandates.
Originally Published 2 years ago — by Fortune
Nvidia, a leading AI chip manufacturer with a valuation of over $1 trillion, is bucking the return-to-office trend and allowing its employees to choose where they work, whether it's from home, a cafe, or the office. The company views this flexible work arrangement as a way for employees to balance their personal and work obligations while preparing for the future. In contrast, other companies like Amazon and Meta have issued return-to-office mandates, with some employees protesting against the policy. Nvidia's CEO, Jensen Huang, supports the flexible work policy and believes that employees should have the freedom to choose their work settings. The company's approach may give it a talent advantage by attracting employees who are alienated by strict return-to-office mandates.