Originally posted to KornFerry.com.
The news must have created a sudden “gulp” feeling among many: New York City ordered all 80,000 of its remote-working employees back to the office the first week of May, a move that experts say could encourage at least some firms to speed up plans to end the work-at-home era.
The announcement by Mayor Bill de Blasio comes at a time when nearly seven in 10 employers have said in a recent survey that workers need to be back at the office at least part of the time. The critical decision is how to go about that transition, either with a quick trigger as New York is doing or more gradually. “Most of our clients are taking a conservative and cautious approach,” says Anthony LoPinto, Korn Ferry’s global sector leader for real estate and managing director of the firm’s New York office. At the same time, how competitors respond to this latest development could shift some of that thinking. “Most companies are tracking what others are doing, so it may be a factor,” he says.