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

Bank lending rules ‘could harm UK small businesses’

May 8, 2024

Jaguar Land Rover owner set to build new...

June 13, 2023

Careers in construction are an untapped treasure trove

June 25, 2024

University Joins £3m Campaign to Drive Midlands Economic...

May 22, 2024

Rail strikes create a further £350M hole in...

February 2, 2024

How to Pick the Right Trading Account –...

February 14, 2025

Sweden’s Innovation Ecosystem – Blending Tradition with Future-Forward...

February 7, 2024

Free press release initiative reopens for UK charities...

August 8, 2023

JP Morgan’s return-to-office push hits snag: there’s not...

February 14, 2025

Living standards to stagnate in 2025 despite hopes...

December 27, 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

    • Business Settings that Need Rolling Shutters

      May 15, 2025
    • What’s Driving the Drop in Overdose Deaths?

      May 15, 2025
    • The real breakthrough in U.S.–China trade talks is much bigger than just tariffs

      May 15, 2025
    • Dem senator says ‘no doubt’ Biden declined cognitively during presidency

      May 15, 2025
    • Trump makes historic UAE visit as first US president in nearly 30 years

      May 15, 2025
    • GOP reps, advocacy group to target competitive House districts in Trump tax-cut push

      May 15, 2025

    Categories

    • Business (7,967)
    • Investing (1,960)
    • Politics (15,230)
    • Stocks (3,084)
    • 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