It might take a while to get back to levels seen before COVID but we are starting to see increased movement in RTO or Return-To-Office requirements.
Peter Andersen, the former deputy chief economist for the Bank of Canada, writes a monthly outlook on the North American market for CEOs and executives belonging to TEC Canada, the largest executive development program in the country.
His latest report includes a focus on RTO which he says is growing more pronounced in the US than in Canada but the underlying forces are being felt on both sides of the border.
First of all, he says, Zoom fatigue has set in and more employers are simply mandating that their employees return to the office. This includes public institutions such as universities so he expects it will become more widespread.
In Canada, about one-in-seven workers operates exclusively from home. That’s a higher percentage than in the US but lower than it was in Canada a year ago so we’re headed in that direction.
