Chip Cutter

speaker

1,085 appearances 18 recordings 1 series first heard Aug 2019 last heard Sep 2024

Chip Cutter’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Bosses Want Workers Back in the Office. Can They Force You to Return? · 6 Sep 2022 podcast

One company that comes to mind here is the online bank and financial services company Ally Financial, which has had its office open for months, but at the same time recently sent a note to employees telling them to consistently attend the office, saying that was important. voice-verified

But the company is trying to walk a line, telling people they'd like folks back, but realizing they still have flexibility. voice-verified

So you see bosses trying to emphasize the importance of the office as a way to help people learn, to help them connect with their colleagues, but also wanting to give people the time that they need. voice-verified

Well, it's certainly within companies' right to say that a condition of working at this company includes being in the office five days a week. voice-verified

We've seen companies do that. voice-verified

But there are a number of factors. voice-verified

One is just sort of how much leverage employees might have to find a job elsewhere. voice-verified

If it's an industry where bosses feel that people could go across the street and get a job at a competitor who has a more flexible schedule, companies might be more hesitant to strictly enforce work. voice-verified

They've also hemmed and hawed for so long that a lot of bosses don't know sort of how this might play out. voice-verified

And I think that's some of the hesitancy here. voice-verified

And what's interesting too is there's a bit of psychology behind all of this. voice-verified

I was talking to the HR chief at Spotify, and Spotify has found that a lot of its employees are coming into their offices right now. voice-verified

But the company hasn't forced them to do so. voice-verified

And the HR chief said that's the answer. voice-verified

Sort of that if the offices are nice enough, if they're attractive places for people to come and meet their colleagues and have lunch and get some work done, they'll do it. voice-verified

But if you force them to come back, if you treat them sort of, you know, as children, as she said, then it's a little bit of a harder sell and people might balk at that. voice-verified

That's right. voice-verified

And you want it to be appealing. voice-verified

You want it to be a place where people willingly want to come. voice-verified

Well, a key factor here... voice-verified

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