Snapshots
Hybrid has become ubiquitous among the largest employers
October 25, 2023
Contributors:
- Jacob Rowden
- With 2023’s most significant wave of return-to-office mandates taking effect in September, hybrid attendance requirements are now nearly universal among the largest employers in the U.S. – out of Fortune 100 companies with known policies, just one firm does not have hybrid attendance policies impacting at least a large share of their teams.
- Hybrid has become the dominant policy for major employers – roughly 80% of Fortune 100 employees work at hybrid companies, with the majority of those requiring three or more days of attendance per week.
- The dominance of hybrid schedules, and the tendency of those employees to attend on the same mid-week days, may limit further ability to rightsize office portfolios, when office-using industries have collectively cut more than 6% of their portfolios since the pandemic while adding 6% to their employee headcounts.
- There is some evidence that companies may attempt to opportunistically increase attendance quotas over time: Disney, USAA, and most recently Nike, all started with three-day requirements for hybrid employees but have increased requirements to four days in 2023. In the 2023 KPMG CEO Outlook survey, 64% of respondents believe hybrid schedules will transition back to pre-pandemic attendance frequency by 2026.
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