Data is consistent with bosses using RTO to reassert control and scapegoat workers.
arstechnica.com
So it looks like Return to Office is just about so much dickery; wanting people to push around and something to blame for overall poor performance. But how far up the ladder does this RTO attitude extend? Is anyone considering the benefit of happy employees and the cost of office space?
A big driver is the cost of office space - or rather, a desire to keep the
price of office space up.
Lots of top managers and corporate shareholders (and of course, there's a big overlap between the two) have large investments in commercial real estate. If workers don't use that space, they stand to lose a LOT of money - money that was invested in what (in 2019) looked like a really safe asset class.
RTO is essential to support the retirement funds of the folks sitting in the boardroom; They need it to happen on a
personal level, so they don't give two shits whether or not it makes good
business sense. And they never much cared for happiness amongst their employees - employees get paychecks; If they want to be happy, they can do it on their own time.
A brief glance at the office towers in any major city gives you an appreciation of the problem here. These are
very expensive structures, which are typically useless for any purpose other than office space - they cannot easily be repurposed as domestic or industrial spaces. Workers
must RTO, if these buildings are to continue to return dividends for their investors (who just so happen to also be the owners and/or managers of the big white-collar firms that are calling for RTO).