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Workers Spend $561 a Month on RTO
Fortune
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1 year ago
Employees are spending the equivalent of a month’s groceries on the return to office — and growing more resentful than ever, according to a new survey. Read more on Fortune.
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00:00
In the aftermath of the global pandemic, remote work, which was once a widespread necessity,
00:04
is becoming increasingly rare. A recent survey from BetterUp shows that the number of primarily
00:09
remote roles have been cut in half, with one in four organizations shifting to in-person work to
00:14
improve quote, connection and culture. As more companies implement return to office mandates,
00:19
opinions are divided on whether the shift is truly beneficial for both employees and
00:24
organizations. Fortune took a deep dive on the hidden price tag of the workplace trend.
00:29
A survey of 1,400 U.S. employees who were required to return to office found significant disruptions
00:35
to work-life balance. Many workers reported higher levels of stress, burnout and a growing
00:40
intention to leave their jobs. Employees also indicated that their trust in the company had
00:45
decreased and workplace culture seemed to suffer. According to Gallup, even commutes as short as 30
00:50
minutes are linked to increased stress, while commutes 45 minutes or more can negatively
00:54
affect both physical and mental well-being. The financial cost of return to office is another key
00:59
concern. The average worker spends around $561 a month on transportation, child care and other
01:06
support services just to be present at work, equivalent to the cost of a month's groceries for
01:10
a two-person household, according to Zipia. For many employees, this adds a significant financial
01:16
burden on top of the stress and time lost to commuting. Despite these costs, proponents of
01:21
in-person work argue that it fosters stronger collaboration, improves company culture and
01:26
strengthens relationship among colleagues. JPMorgan Chase CEO Jamie Dimon, for example,
01:31
has repeatedly emphasized that in-person work is essential for building connections within teams
01:36
and ensuring long-term success. Other major companies, such as Disney, Google, IBM and Meta,
01:42
have adopted similar return to office policies, while Amazon is pushing for a full five-day
01:47
in-office requirement by 2025. However, critics of return to office argue that these benefits may
01:53
not be as clear-cut as some believe. Research suggests that remote workers are often just as
01:58
productive, if not more so, than their in-office counterparts. One study found that remote workers
02:03
tend to give more total hours to their companies, challenging the notion that remote work results in
02:08
lower productivity or commitment. So what's the best approach? Experts suggest that offering a
02:13
hybrid model, a mix of in-office and remote work, may be the ideal solution meeting the needs of
02:18
both employers and employees. As companies continue to navigate the shift from remote work to in-office
02:24
mandates, the future of work remains uncertain. The challenge will be finding a balance that
02:28
supports both productivity and workplace culture, while also considering the financial and emotional
02:33
well-being of workers. The solution may lie in a flexible, hybrid approach that adapts the changing
02:38
needs in the workforce.
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