More Workers Piled Into Offices In February, With Visits Up Almost 19%

The C-suite is starting to win the tug-of-war on getting employees back to the office so far in 2024.

Foot traffic at office buildings nationwide was 18.6% higher in February than during the same month last year, according to the latest Placer.ai data, which tracks foot traffic via cell phone data in some 1,000 office buildings across the U.S.

Office visits were still down 31.3% from February 2020, but the gap narrowed after January visitations were down 36.4% from 2020. The number of people Placer.ai tracked in office buildings still isn`t at the level it was in November when visits were down 30.8% from 2019...
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RSK: I think it will be a rough road to get employees back to the office for a 5 day work week. Hybrid is here to stay to some degree. Only those who actually want to be in the office will accept a 5 day week, but will probably demand a higher wage than those that do not. However, this bodes well for a company not to shrink their footprint too much, because there will be days when almost everyone is back in the office...