Most CEOs Won't Prioritize Return-to-Office Policies, Survey Finds

The pandemic may have proved to employeers that remote and flexible-work arrangements were viable — and changed the way we work forever. Axios writes: Just 6 out of 158 U.S. CEOs said they'll prioritize bringing workers back to the office full-time in 2024, according to a new survey released by the Conference Board. Executives are increasingly resigned to a world where employees don't come in every day, as hybrid work arrangements — mixing work from home and in-office — become the norm for knowledge workers. "Maintain hybrid work," was cited as a priority by 27% of the U.S. CEOs who responded to the survey, conducted in October and November. A separate survey of chief financial officers by Deloitte, conducted in November, found that 65% of CFOs expect their company to offer a hybrid arrangement this year. "Remote work appears likely to be the most persistent economic legacy of the pandemic," write Goldman Sachs economists in a recent note. About 20%-25% of workers in the U.S. work from home at least part of the week, according to data Goldman cites. That's below a peak of 47% during the pandemic but well above its prior average of around 3%. "The battle is over," said Diana Scott, human capital center leader at The Conference Board. "There are so many other issues CEOs are facing." Headlines about CEOs determined to get butts in seats get attention, but they are the exception, says Brian Elliott, the cofounder of Future Forum, a future of work think tank. "There are a lot more CEOs that are actually quietly becoming more flexible...." Though the labor market has softened, employers still do care about keeping employees satisfied — and they don't want to fight with them. "It's not worth the fight," says Elliott.

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