As lease agreements come up for renewal, though, some leaders may reconsider how their work arrangements fit with their space needs.
Lease agreements appear to anchor many return-to-office policies, with a third of companies that lease space saying their current office lease terms affect their RTO strategies, according to a Dec. 3 report from Resume.org.
Among the two-thirds of companies with office space, about half have leases that run until 2028 or later, which could dictate their RTO policies for longer. About 14% have leases expiring in 2024 or 2025, the report found.
When these leases expire, about 23% of companies plan to reduce the amount of space they rent. Of those companies, a third said they’ll reduce the number of days required in office, and 8% will stop RTO policies...
Among the two-thirds of companies with office space, about half have leases that run until 2028 or later, which could dictate their RTO policies for longer. About 14% have leases expiring in 2024 or 2025, the report found.
When these leases expire, about 23% of companies plan to reduce the amount of space they rent. Of those companies, a third said they’ll reduce the number of days required in office, and 8% will stop RTO policies...
RSK: Interesting tidbit.
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- - Volume: 24 - WEEK: 51 Date: 12/17/2024 4:05:48 PM -