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Here’s what you need to know today:
- Nestle Signs New Deal With IWG
- Hybrid Working Will Require Major Workplace Updates
- Amazon Expects Office Employees To Return By The Fall
Nestle Signs New Deal With IWG
Nestle has signed a new partnership with IWG that will provide its employees in China access to the flexible office operator’s locations worldwide.
This deal is part of Nestle’s new commitment to offer more flexibility for workers in order to nurture their productivity and wellbeing.
Nestle, which has 26,000 employees in China, Hong Kong, Macau and Taiwan, will provide its workers with access to IWG’s 3,500 locations all over the world for one year, with the option to extend the deal after 12 months.
“The partnership with IWG forms part of our flexible working concept — to create a better, healthier, more productive and sustainable working environment for Nestle employees throughout China,” said Natasha Zou, head of workplace solutions, China, at Nestle.
At the same time, it was revealed that Singapore-based banking company DBS would be surrendering two of the eight floors it occupies in Hong Kong’s One Island East Tower.
This news comes as other global banks also relinquish office space in order to incorporate more flexible work arrangements for the future. In fact, research from Cushman & Wakefield has found that multinational companies accounted for 75% of surrendered office stock last year.
Hybrid Working Will Require Major Workplace Updates
A new study from market research technology firm Toluna has revealed how employees view virtual work. The results indicated that much of the workforce was ready to return to the office, but changes to the workplace would need to occur first.
Most employees said they would return to the office if vaccines and regular testing were required, physical distancing was implemented and hybrid arrangements were offered.
Although the beginning of the pandemic and remote working was actually embraced by some, many employees began to miss what telecommuting couldn’t replicate.
In-person collaboration, the office atmosphere, impromptu conversations with colleagues and more were just some of the aspects of the workplace workers expressed that they missed.
While many of these workers want an office to work in, 46% said they want to come back part-time and only 27% said they want to return full-time.
Even more, 90% believe that the future of the workplace will be a hybrid approach that combines both in-person and remote working environments.
However, this transition will require companies to make changes in order to help employees feel safe and supported wherever they are working from.
“Invest in state-of-the-art technology infrastructure and digital communication tools that enable maximum interaction for your teams,” said Yogesh Gupta, CEO of global software firm Progress. “Continually reinvest as those tools continue to evolve. The dividends of that effort extend from employee productivity to staying connected with the entire business ecosystem.”
Amazon has announced that it expects its office workers to come back to the workplace by this fall in order to “return to an office-centric culture as [its] baseline.”
However, some workers are unhappy about the transition and are even considering leaving the company if they have to return to the office full-time.
Amazon previously announced employees would come back to the workplace by the end of June, but it was still unclear if workers could still work from home part of the time.
While the reaction from employees has been mixed, business owners in downtown Seattle, where the online retailer is headquartered, are excited for the boost in business the office reopening should give them.
The company’s plan differs from its fellow technology firms, such as Microsoft, who have committed to operating on a hybrid office model that allows employees to work from home part of the week.
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