Yahoo Finance

Why 80% of CEOs aim to bring their workers back to the office

Amazon (AMZN) is implementing a return-to-office policy, asking its corporate employees to be in the office five days a week. KPMG CEO Paul Knopp joins Catalysts to discuss how CEOs are feeling about return-to-office mandates. KPMG's 2024 CEO Outlook Survey saw almost 80% of chief executives looking to bring their workforce back to the office over the next three years. "I've seen a lot of experimentation and pivoting over the last few years. It's very much a sector and or company story, so every company is going to be a little different in our industry," Knopp explains. However, he believes that hybrid work "is probably here to stay." "Hybrid has worked quite well for many organizations. At the same time, we have to all recognize that we need our employees back together enough for them to learn, to ideate, to collaborate, to be mentored, to develop. And that's a fine balance to walk because the hybrid environment is a much more complex environment to optimize than the other two environments, you know, fully remote or fully back at the office, which are more straightforward." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl