Return-To-Office Reluctance vs. Recession: How Opposing Forces Could Impact Office Office owners and employers nationwide have more months of uncertainty ahead as an expected recession and the well-worn dynamics of a downturn combine with the vagaries and unpredictability of the return-to-office movement. Recessions usually mean more power for employers as workers worry about their jobs, which could create leverage for getting people back to the office instead of serving as a salary governor as in downturns past. But in a post-Covid world, nothing is that simple.
"The executives that we talk to on a daily basis certainly want their people back," said West, Lane & Schlager principal Richard Lane, a tenant representation specialist in metro Washington, D.C. "Given their druthers, they'd like people to come in three or four days a week, and if the labor… Read the full story here. |