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Apple, SpaceX, Microsoft return-to-office mandates drove senior talent away (arstechnica.com)

submitted 6 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world

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The study (PDF), published this month by University of Chicago and University of Michigan researchers and reported by The Washington Post on Sunday, says:

In this paper, we provide causal evidence that RTO mandates at three large tech companies—Microsoft, SpaceX, and Apple—had a negative effect on the tenure and seniority of their respective workforce. In particular, we find the strongest negative effects at the top of the respective distributions, implying a more pronounced exodus of relatively senior personnel.

Dell, Amazon, Google, Meta, and JPMorgan Chase have tracked employee badge swipes to ensure employees are coming into the office as often as expected. Dell also started tracking VPN usage this week and has told workers who work remotely full time that they can't get a promotion.

Some company leaders are adamant that remote work can disrupt a company's ability to innovate. However, there's research suggesting that RTO mandates aren't beneficial to companies. A survey of 18,000 Americans released in March pointed to flexible work schedules helping mental health. And an analysis of 457 S&P 500 companies in February found RTO policies hurt employee morale and don't increase company value.

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[–] autotldr@lemmings.world 2 points 6 months ago

This is the best summary I could come up with:

A study analyzing Apple, Microsoft, and SpaceX suggests that return to office (RTO) mandates can lead to a higher rate of employees, especially senior-level ones, leaving the company, often to work at competitors.

In this paper, we provide causal evidence that RTO mandates at three large tech companies—Microsoft, SpaceX, and Apple—had a negative effect on the tenure and seniority of their respective workforce.

In particular, we find the strongest negative effects at the top of the respective distributions, implying a more pronounced exodus of relatively senior personnel.

Apple representative Josh Rosenstock told The Washington Post that the report drew "inaccurate conclusions" and “does not reflect the realities of our business."

Yet some companies have struggled to make employees who have spent months successfully doing their jobs at home eager to return to the office.

Dell also started tracking VPN usage this week and has told workers who work remotely full time that they can't get a promotion.

The original article contains 705 words, the summary contains 157 words. Saved 78%. I'm a bot and I'm open source!