Pacesetter Research: Office Occupancy Strategy - a missed opportunity?
With a focus on returning to normal, organizations are instituting office occupancy policies that closely reflect a pre-pandemic time period, while trying to balance employee pressure and economic uncertainty, causing some to miss opportunities that create better business overall
May 08, 2023 at 03:36 PM
5 minute read
While remote working during the pandemic for the most part was successful and it illuminated new possible ways of working, it was largely seen as a temporary solution for most organizations. Once COVID-19 vaccines were available, guidelines changed and restrictions began to lift, office occupancy, a term used to describe an organization's workforce structure – - a hybrid, remote, or in-office approach, increasingly became a top-of-mind concern for organization leaders and their employees. As the world slowly began to move past the pandemic, some organizations chose to remain fully remote or fully in-office, while most organizations implemented some sort of hybrid model. According to Forbes, a study conducted by the International Foundation of Employee Benefit Plans reported that 74% of employers now offer hybrid work arrangements. Many employees considered a hybrid model the best of both worlds, meaning it offers employee flexibility and greater work-life balance, attributes employees placed greater value on during the pandemic, while also offering opportunities for in-person connections by being back in-office. For many organizations, the hybrid approach was a feasible new alternative given that employees were generally happy, leading to better customer experience and overall better business outcomes.
Now post-pandemic, the world has begun to normalize and some organizations are considering making changes (yet again) to their current office occupancy model. However, changes requiring employees to return to the office either full-time or some other arbitrary amount of time, are being met with employee reluctance, creating tension with leadership. Needless to say, implementing an office occupancy model whether it be remote, hybrid, or in-office, post-pandemic, brings with it challenges that organization leaders may not have previously considered. Some of these challenges are determining the right hybrid model combination (remote day vs in-office) to keep employees engaged and productivity healthy, which job roles will a hybrid or remote model be best suited for, and how to balance those that are required to be in-office full-time, and whether there are new roles or responsibilities for teams and individuals in a hybrid or remote model. To meet these challenges, Innovators among professional service providers have developed office occupancy strategies to help clients create the best office occupancy model that meets their specific needs and maximizes business outcomes.
For Innovators, a strategic office occupancy framework not only requires alignment among internal stakeholders but also the integration of data and analytics used to drive decisions that are tied to business goals. Some professional service providers have developed or formed alliances with technology firms that offer data sourcing and analytics and technology platforms to help organizations function holistically regardless of which office occupancy model it implements. For example, Innovators offer centralized operating platforms that merge information, communication, productivity, and collaboration tools to improve team efficiency and cooperation enabling organizations to reach their business goals. Some professional service providers work with their clients to leverage the right mix of technology to access and maximize technology capabilities – - while protecting critical data to drive better business outcomes, faster value delivery, and sustainable ROI. This enables organizations to create a consistent environment for all employees regardless of where they work. Innovators have also added value to their office occupancy frameworks by internally implementing their own office occupancy framework, empowering their employees with firsthand experience to better serve clients with their office occupancy challenges.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllALM Market Analysis Report Series: Nashville's Rapid Growth Brings Increased Competition for Law Firms
Trending Stories
- 1Legal Speak at General Counsel Conference East 2024: Virginia Griffith, Director of Business Development at OutsideGC
- 2Legal Speak at General Counsel Conference East 2024: Bill Tanenbaum, Partner & Chair, AI & Data Law Practice Group at Moses Singer
- 3Morgan & Morgan Looks to Grow Into Complex Litigation While Still Keeping its Billboards Up
- 4Thursday Newspaper
- 5Public Notices/Calendars
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250