Contrary to the belief that RTO boosts company value, the analysis revealed that RTO mandates are more likely in firms with poor recent stock performance and have had no significant impacts on firm profitability or stock-returns. Moreover, a notable drop in employee job satisfaction was observed, further questioning the efficacy of these mandates.
Interesting read, however, they did not demonstrate in the model that managers are using RTO mandates to blame employees as a scapegoat for bad firm performance. None.
tl;dr:
Here’s a link to the referenced paper if you don’t want to read Forbes
Interesting read, however, they did not demonstrate in the model that managers are using RTO mandates to blame employees as a scapegoat for bad firm performance. None.