Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Remote working paradox: just 7% of CEOs work full-time in the office despite calls for staff return

by July 15, 2024
July 15, 2024
Remote working paradox: just 7% of CEOs work full-time in the office despite calls for staff return

A recent survey highlights a significant discrepancy between UK chief executives and their stance on office attendance. Despite a nationwide push to bring employees back to their desks, only 7% of bosses actually work full-time in the office.

A study conducted by workspace provider IWG has revealed that a small fraction are spending five days a week in a central office. Interestingly, a quarter of these leaders consider a full-time return to the office as a top priority.

This discrepancy has raised concerns of potential hypocrisy, as staff members compelled to return may see their leaders’ actions as contradictory. The pressure to increase office attendance has led some companies to closely monitor employee presence, including tracking swipe-card data.

Prominent figures such as Sir Jim Ratcliffe, billionaire industrialist and co-owner of Manchester United, have been vocal about their stance. Ratcliffe recently issued an ultimatum to the football club’s staff to return to the office full-time or find “alternative employment.” Lord Sugar has also expressed support for Ratcliffe’s position on banning Working from home.

The push for office returns has also gained traction among senior politicians. Last year, Jeremy Hunt, the former chancellor, warned that British businesses could face a creativity crisis unless office work becomes the norm again. The Labour Party is expected to continue this agenda, especially for civil servants. Jonathan Ashworth, now the chief executive of think tank Labour Together, expressed before the general election that Labour intends for civil servants to spend most of their time in the office, deeming it “sensible” for them to be at their desks.

Private sector leaders are increasingly frustrated with their inability to enforce office attendance, citing declines in productivity and team culture. Online forums and social media, including TikTok, reveal various employee tactics to circumvent office attendance requirements, such as “coffee badging,” where employees scan in briefly before heading back home.

Despite these challenges, the IWG survey found that two-thirds of respondents believe they would lose talented employees if they enforced a strict office attendance policy. Additionally, three-quarters of business leaders reported improved employee engagement and team collaboration due to flexible working arrangements.

Read more:
Remote working paradox: just 7% of CEOs work full-time in the office despite calls for staff return

0
FacebookTwitterGoogle +Pinterest
previous post
LAURA INGRAHAM: Trump’s unwavering determination and the need for accountability
next post
Using Nasdaq 100 Specific Breadth to Measure Risk Appetite

You may also like

New tax checks on side hustles like eBay...

January 11, 2025

Understanding Commercial Leases

February 21, 2024

Online returns rose to 1 in 3 items...

January 30, 2023

£4bn Tax Loophole for Private Equity Executives Under...

May 27, 2024

Aston Martin accelerates into the black

March 2, 2023

Government injects £54m into the development of trustworthy...

June 15, 2023

Post-lockdown jobs boom ‘is over’ as employers worry...

September 30, 2022

Rats learn to drive miniature cars and show...

November 20, 2024

Carbon emissions from UK rail travel lower than...

June 30, 2023

Safeguarding your wealth: Strategies to navigate potential labour...

July 7, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Week Ahead: NIFTY’s Behavior Against This Level Crucial As The Index Looks At Potential Resumption Of An Upmove

      June 7, 2025
    • FLASHBACK: Musk accused Trump, GOP leaders of not wanting to cut spending — here’s where they said they would

      June 7, 2025
    • ‘Right down the line’: Medicaid reform in ‘big, beautiful bill’ divides lawmakers by party

      June 7, 2025
    • FAST distribution and IA

      June 7, 2025
    • Why Independent Digital Platforms Are Gaining Ground Among UK Entrepreneurs

      June 7, 2025
    • Is Decentralisation the Future of Online Services in the UK?

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,560)
    • Stocks (3,135)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved