Professional services firm KPMG has reported 64% of global CEOs predict a complete return to in-office working by 2026.
According to the survey of more than 1,300 CEOs, many top executives have become more supportive of returning to the traditional ways of working before COVID popularised working from home. Additionally, the research revealed 87% of respondents expressed a likelihood of linking financial rewards, raises and promotion opportunities with office attendance.
While big firms – the likes of Amazon and Zoom – have issued requests for employees to work from the office more regularly, many employees do not see the appeal. Another report from research group Future Forum which surveyed over 10,000 workers in the US, Australia, France, Germany, Japan and the UK, found that 72% would look for a new job if they weren’t satisfied with their level of flexibility.
Nhlamu Dlomu, Global Head of People at KPMG International, said it was not a simple task to have employees give up flexible working: “A one-size-fits-all approach to return-to-office could be detrimental. It’s crucial that leaders take a long-term view that embraces the employee value proposition and encompasses the considerations and needs of everyone.”