How Companies Are Shifting Their Office Spend to Lure Reluctant Workers Back

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With the five-day, 9-to-5 in-office workweek declining, companies are looking at downsizing real estate while spending on amenities to lure hybrid workers back.

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He recalled his time at a job in the 1990s where it was a"football field of cubicles" – the kind of situation where you could"go to work and sit in a cube all day and never interact with anybody – you truly could lose that connection." That would mean investing more in things like a gym, where employees could take a physical break, or other spaces that would provide a place to take an emotional break or meditate, Dussault said, something he said results in costs shifting"from one bucket to another."

"Companies always talk about how important employees are and how employees are the most important investment – they haven't always acted that way," he said."This is a good thing that's come out of the pandemic." With a belief that a remote-first approach was the future of work, Brex leaned in. Of the company's more than 1,200 employees, 45% are fully remote. The company still maintains those four office location hubs where workers can go if they want, but the company has altered its approach so that every process is designed for remote workers.

 

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