Current:Home > MarketsEmployers are upping their incentives to bring workers back to the office -Balance Wealth Academy
Employers are upping their incentives to bring workers back to the office
Rekubit Exchange View
Date:2025-04-07 19:10:49
Free lunch and game nights and live concerts — oh boy!
These are some of the perks a growing number of U.S. employers are dangling in front of workers, in hopes of luring them back to the office. Companies are also relaxing their dress codes, adding commuter benefits and even raising salaries to entice employees.
"Salesforce now is saying to every employee who comes in, we'll make a $10 charitable contribution to a cause of their choice," Emma Goldberg, reporter for the New York Times, told CBS News. "So that's a nice spin on these incentives."
The incentives have been hit or miss so far, Goldberg added. As of May, about 12% of full-time employees are working fully remote while 29% are hybrid and 59% are in office, according to data from WFH Research, which tracks remote work trends. A hybrid work schedule is the most common setup for workers allowed to work from home, the WFH survey shows.
- Three years later, bosses and employees still clash over return to office
- A growing push from some U.S. companies for workers to return to office
- Martha Stewart says America will 'go down the drain' if people dont return to office
New reality: hybrid work
"I think we're seeing that hybrid work is our permanent reality," Goldberg said. "The office is not going to look like it did in 2019."
The pandemic made working from home a necessity for millions of U.S. workers, but many companies now want employees to commute into the office again, arguing that staff members are more productive when they're in the same setting as their co-workers.
A 2020 study published in the Harvard Business Review found that 38% of managers either agree or strongly agree that "the performance of remote workers is usually lower than that of people who work in an office setting." Forty percent of respondents disagreed, and 22% were unsure.
Amazon, Apple and Starbucks are among the companies now requiring employees to come in to the office three days a week, despite resistance from some. A February survey by the recruiting firm Robert Half found that 32% of workers who go into the office at least once a week would be willing to take a pay cut to work remotely full-time.
Employees are pushing back on return-to-office mandates because many say the time they spend commuting takes time away from caring for loved ones, Goldberg said.
"We're not just talking about commutes and finding parking," she said. "We're talking about people's families and their lives."
Khristopher J. BrooksKhristopher J. Brooks is a reporter for CBS MoneyWatch covering business, consumer and financial stories that range from economic inequality and housing issues to bankruptcies and the business of sports.
TwitterveryGood! (459)
Related
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- 'Trad wives' controversy continues: TikTok star Nara Smith reacts to 'hateful' criticism
- 16-year-old Quincy Wilson to make Paris Olympics debut on US 4x400 relay
- Debby bringing heavy rain, flooding and possible tornadoes northeast into the weekend
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Sighting of alligator swimming off shore of Lake Erie prompts Pennsylvania search
- Average rate on a 30-year mortgage falls to 6.47%, lowest level in more than a year
- Pregnant Brittany Mahomes Trolls Patrick Mahomes Over Wardrobe Mishap
- The Daily Money: Spending more on holiday travel?
- Prompted by mass shooting, 72-hour wait period and other new gun laws go into effect in Maine
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Missouri man dies illegally BASE jumping at Grand Canyon National Park; parachute deployed
- Utah bans 13 books at schools, including popular “A Court of Thorns and Roses” series, under new law
- California governor vows to take away funding from cities and counties for not clearing encampments
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Hearing in Karen Read case expected to focus on jury deliberations
- What’s black and white and fuzzy all over? It’s 2 giant pandas, debuting at San Diego Zoo
- Family members arrested in rural Nevada over altercation that Black man says involved a racial slur
Recommendation
This was the average Social Security benefit in 2004, and here's what it is now
St. Vincent channels something primal playing live music: ‘It’s kind of an exorcism for me’
Colin Jost abruptly exits Olympics correspondent gig
DK Metcalf swings helmet at Seahawks teammate during fight-filled practice
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
Tennis Star Rafael Nadal Shares Honest Reason He Won’t Compete at 2024 US Open
Florida sheriff’s deputy rescues missing 5-year-old autistic boy from pond
Will Steve Martin play Tim Walz on 'Saturday Night Live'? Comedian reveals his answer