Thu. Sep 21st, 2023
A real estate billionaire says Fridays are 'dead forever' for offices and remote work guru Nick Bloom says he's right — it's part of a new 3-part week

In June, Stephen Roth, the billionaire president of Vornado, one of New York City’s largest commercial landlords, said that in terms of in-office work, Fridays are “Dead forever.” He added that Monday wasn’t far behind (“touch and go,” as he put it).

Now, Nick Blum, Stanford Professor of Economics and Chair WFH Research— the group that had been looking at remote work data since before the pandemic — officially deemed Roth correct.

“Friday has become #wfh day,” Bloom chirp on Friday, adding that “it looks like (Stephen Roth) was right.” But as always with Bloom and his remote research, there’s more to the story.

Bloom said that despite the fact that the offices have been completely deserted on Fridays for more than three years now luck He was surprised though that Roth’s predictions ended up coming true. Tell Bloom luck via email on Friday. “I think it’s part of a larger push toward a coordinated hybrid, where we have companies that drive people to show up on the same days.”

Social communication and personal collaboration, as always, is the main appeal of office work. As a result, it makes sense to coordinate with co-workers, Bloom said, among whom the consensus is clear: “That includes coordinating to go home on Friday.” In fact, coordinating workdays between teams is the best way to pull off “structured hybrid” The term Bloom uses to describe the gold standard work order.

The new Friday Bloom calculus shows that there is now a “three-part week,” he wrote on Twitter. Monday through Thursday is one thing, the weekend, when the offices are closed, another – and then there’s Friday.

Mandates rarely include going back to work on Friday

While it’s certainly unlikely that cabins will be filled on Saturdays and Sundays, there’s still a fighting chance on Fridays — especially given how many major companies are finally backing out of going back to the office. For many years, many high-profile companies have faced fierce resistance from employees who have demanded their return to work.

Amazon developed a Three days minimum To work in person in February. faced politics latest snafu Earlier this week when some employees got on Disciplinary email Although they adhere to the new rules. Google He also has Policy Three mandatory days in the office, and you’ll only consider full-time telecommuting at exceptional circumstances.

while, sales force The ante has been upped even more, with four days in-person mandatory for some teams. Based on Bloom’s research, one might suspect that the only work-from-home day for Salesforce employees might normally be Friday.

Bloom also has data to back it up that employers and employees don’t see eye to eye on how many days they’re supposed to be in the office. On average, there’s about half a workday’s difference between the number of days workers want to be in the office compared to what their bosses expect — or demand, WFH research found.

to Modern report From the real estate advisory firm JLL, bosses have ordered back (at least a few days a week) 1.5 million workers, and another million are set to receive the same threat in the back half of this year.

Although more and more companies are beginning to formalize exactly when employees are allowed to work from home, the practice is still very widespread. An estimated 58% of workers — a number when estimating the entire U.S. workforce would equal 92 million people — could work remotely on some days of the week, in June research from Mackenzie. Of course, the fact that at least one of those days will be Friday is taken for granted.

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