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Tag: in-person work

  • Hybrid Work Isn’t Dead. It’s Being Optimized

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    For office employees, the transition from the traditional, Monday through Friday “9-to-5 work model” office to a more flexible, technology-forward workplace is nearly complete. Before the COVID-19 pandemic, the traditional workplace relied heavily on the physical environment and tools that employees had access to. Hybrid or remote work options were rare, coveted benefits, usually limited to the tech sector. Otherwise, people came into an office daily to do their work surrounded by other colleagues. 

    Today, the workplace looks different as hybrid and remote work options are mainstream. With technology enabling people to work from anywhere—and AI becoming an integral part of the workforce—flexibility has become a strategic lever for many organizations, helping to maximize productivity, streamline overhead, and enhance employee retention. Despite the slew of Return-to-Office (RTO) headlines over the last few years, the reality is many leaders are leaving the traditional work model in the rearview and leaning into hybrid work. 

    The prominence of hybrid work  

    For small and mid-sized businesses (SMBs), the prominence of hybrid work has remained stable, with only minor shifts over the last three years. According to Vistage CEO Confidence Index data, 43% of all SMBs offer hybrid work as of Q3 2025, a decrease of seven percentage points since Q2 2022. Meanwhile, the percentage of workplaces that are fully remote has increased slightly from 8% in Q3 2025 compared to 7% in Q2 2022. 

    This 7% rise in fully onsite work, up to 45% in Q3 2025 from 38% in Q2 2022. is a far cry from recent rhetoric around return to office. Hybrid work is far from dead; for many, it’s the new normal. The once-deafening drumbeat of RTO has lost momentum since early 2025, as CEOs shift their focus to pressing matters such as economic uncertainty, policy confusion, and the three Is of inflation, interest rates, and immigration. As a result, some of the strictest and most inflexible RTO plans have stalled, cementing hybrid work’s place in the modern world. Hybrid work hasn’t disappeared. It has evolved as leaders determine the best mix of in-person and at-home work for their organization’s needs. 

    Why hybrid work didn’t end when the market declined 

    It goes without saying that the job market of 2025 is nowhere near as robust as it was in 2022.  Rather than the Great Resignation, many organizations face the “Great Stay,” with employees holding onto jobs amid uncertainty and a weak market. Enter the rise of “quiet quitters” who are completely unengaged but try to do just enough to avoid being let go. In every workplace, employee engagement remains critical to driving performance, productivity, and ultimately return on investment. Regardless of how strong or weak the job market is, rocking the boat on workplace dynamics is a risk to business success. In the short term, employees may comply, but at what cost?  

    Amid economic uncertainty, geopolitical tensions and the rapid adoption of new technology, hybrid work is playing a key role in how many business leaders are preparing for the year ahead. Here are four ways CEOs are using hybrid work to optimize their business: 

    Reinforcing culture and collaboration 

    When hybrid work first became more widespread during the COVID pandemic, CEOs expressed concerns about fostering company culture and collaboration virtually. Today, many leaders find hybrid work can help elevate and better define culture and collaboration by reinforcing a more intentional approach to time spent in the office. 

    Improving the physical environment  

    A physical environment isn’t just what an office space looks like. Also, it includes all the tools and technology people need to be successful in their roles. Today’s most forward-thinking leaders are creating in-person environments that complement at-home work while improving infrastructure and rethinking floor plans to promote teamwork. 

    Providing more flexibility 

    In Vistage’s most recent survey of CEOs, respondents identified flexibility as the third leg of the workplace. Since experiencing hybrid benefits during shutdowns, employee satisfaction rates have become increasingly reliant on people’s ability to achieve better balance through flexible arrangements. 

    Building better bosses  

    It’s often said that people don’t leave bad jobs. Instead, they leave bad bosses. Bosses play the single most significant role in shaping employee experience. Businesses can only reap the full benefits of their hybrid workforce if managers are equipped to help teams maximize their workflows and technology, while upholding strong communication both in-person and virtually.  

    In today’s world of constant change and instability, the principles of the most productive and engaged workplaces remain the same. Instead of reinstating the traditional 9-to-5 work model, many leaders are leveraging hybrid work to enhance employee engagement and increase productivity. 

    The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.

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    Joe Galvin

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  • 4 Factors Impacting Return To Office Trends

    4 Factors Impacting Return To Office Trends

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    There’s no doubt been a change in the way people work post-Covid, and many firms are embracing hybrid schedules. In certain sectors, this shift from remote to in-person has stirred demand for work areas. As WeWork’s Chief Revenue Officer Ben Samuels mentioned in a Yahoo!Finance interview, there’s been a real scramble for space in some of their markets.

    Taking a closer look at these fluctuations, we can identify several factors that are impacting the return to office trends. The level of demand for workplaces is largely dependent on the industry, city, submarket, and building type, based on the findings in my company Avison Young’s State of the Market Q1 2023 report. Let’s review each of these as we consider how some office markets have performed better than others.

    1. Some Industries Have Higher In-Person Work Rates

    In Manhattan, in-person office visits at the end of 2022 were 90.9% of their 2019 levels for biotech, life sciences, pharma and healthcare sectors, per Avison Young’s report. Other industries had strong turnouts as well, with the media reaching an in-person rate of 71.6% compared to pre-pandemic levels, and banking and finance hitting 60.2%. These were all above the average for Manhattan’s overall office visitor showings, which was 55.7% at the end of 2022 relative to end of year 2019.

    That figure has continued to climb in recent months. Visitation rates for all building classes and markets in Manhattan averaged 61% in Quarter 1 2023 compared to pre-pandemic 2019 baseline levels, according to the Real Estate Board of New York (REBNY). With CEOs like Jamie Dimon of JPMorgan & Chase Co calling workers back to the office, it’s possible that in-person rates for certain sectors like banking and finance will increase in the coming months.

    While some industries such as healthcare and real estate lean toward in-person work, others have been slower to return to the office. In Manhattan, the segments of consulting and public relations had lower levels of in-person work during the end of 2022, perhaps due to digital channels and connections. Technology trailed the average rate, with just 47.4% of in-person visits in December of last year relative to 2019 levels, according to Avison Young data.

    2. Cities Have Different Drivers

    Manhattan, Fort Lauderdale, Dallas-Fort Worth, and Nashville all held higher in-person rates at the end of 2022 than the national average relative to the week of December 9, 2019, per Avison Young’s report. Places with lower return-to-office showings included Seattle and Chicago.

    These percentages largely coincide with the labor pool in these areas and the type of work being carried out. In markets with low unemployment rates, companies may seek ways to attract and retain talent. For industries like technology, this could mean more relaxed stances on back-to-work policies. In segments where the unemployment rate rises, employers may be able to be stronger about their expectations on returning to the office.

    3. Submarkets Matter Too

    Within a city, different neighborhoods may lean more heavily into in-person work, while others remain remote. Taking a close lens to Manhattan reveals higher back-to-work percentages for Greenwich Village, Tribeca, and Chelsea, based on data presented by Avison Young. This tells us people want to live and work in these areas and are happy to come into the office. Job growth and neighborhood amenities, along with the type of office environment, will all play a role in submarket office performance.

    4. Higher Quality Office Buildings Perform Well

    Class A+ properties continue to outperform Class B properties, as well as A and A- buildings, according to data from REBNY. In New York City, Trophy and Class A properties have an inventory share of just 10%. However, these classes accounted for 71.8% of leasing activity in 2022. In 2023, their share increased to 73.6%, per Avison Young’s findings. Location visits were up for Class A+, A/A-, B, and C buildings during the first quarter of 2023, compared to 2019 levels, as reported by REBNY. Class A+ had the highest increase at 68%, followed by A/A- with 60%, and then B&C which had 57%.

    Clearly, there’s a strong increase in demand for higher quality buildings. The data reflects a shift by companies looking to upgrade their work environments. ESG-compliant buildings that promote healthy conditions could be seen as a draw, especially in areas with tight labor pools.

    If you’re an investor looking to get into the office market, you’ll have to be very specific about where you want to be and what type of product you buy. As you study a neighborhood, check the industries that operate there, along with the city and submarket drivers. Remember that return to office decisions are largely influenced by the type of building. Owners may opt for higher quality properties with better accommodations, outdoor spaces, and green environments to motivate workers to come back to the office.

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    James Nelson, Contributor

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