Alphabet Inc‘s GOOGL GOOGL subsidiary Google has confirmed it will not follow Amazon.com Inc‘s AMZN strict return-to-office policy.
What Happened: During a recent town hall, Alphabet Inc. CEO Sundar Pichai emphasized that maintaining productivity while working remotely is key to continuing the current flexible work arrangement, reported Business Insider.
Amazon’s recent decision to require employees to return to the office five days a week has sparked concern among its workforce and competitors. Google employees, who currently work in the office three days a week, sought reassurance about their hybrid work model during a “TGIF” all-hands meeting.
John Casey, Google’s vice president of global compensation and benefits, informed staff that the existing system remains effective, according to the report. However, he stressed the importance of being in the office at least three days weekly. Pichai reiterated the need for productivity during remote work to maintain policy flexibility.
Despite these reassurances, some Google employees remain apprehensive about potential future changes. Google has implemented measures like hot-desking and “neighborhoods” in some offices to adapt to the hybrid model. Meanwhile, other companies, like Dell Technologies Inc., have followed Amazon’s lead, requiring more in-office presence.
A Google spokesperson confirmed the statements made by Pichai and Casey, according to the report.
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Why It Matters: Amazon’s decision to enforce a full-time return to the office has led to significant unrest among its employees. A survey revealed that 73% of Amazon workers are considering leaving their jobs due to the new policy, with 80% aware of colleagues contemplating the same move. This shift has affected morale, especially among parents.
Moreover, the return-to-office mandates have impacted housing markets, with cities like San Jose experiencing a surge in housing prices. This trend is attributed to the increased demand for housing near office locations.
Additionally, some companies have used RTO mandates as a strategy to encourage voluntary turnover, as revealed in a survey by Bamboo HR. This tactic has been part of the broader “Great Resignation” phenomenon, where employees have opted to leave rather than return to traditional office settings.
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This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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