Average weekly - 54%
Peak Day - Wednesday 69%
Slow Day - Monday 28%
Research into the impact of remote work on productivity continues to highlight a considerable disagreement. Most studies rely on surveying personal opinion from either the perspective of employees or employers/managers. These research projects often result in widely differing outcomes. Some suggest a 30% increase in productivity others suggest the opposite.
Given that there is very little research on remote work productivity prior to COVID, it isn’t surprising that speculation trumps evidence at this point as there is no baseline to be used for comparison and measurement.
In our next members only briefings, SRRA will review some of this research and lead a discussion on what it means for the future of remote work.
For membership information and how to participate in these events please contact [email protected]
The next Index is scheduled for the week of Nov 6th, 2023.
See the Articles of Interest below for some global perspective on the impact of remote work.
Best wishes from the SRRA team.
Links to Articles of Interest
If You Don’t Like the News on Office Trends, Wait Five Minutes
Just as commentators were ready to write obituaries for Grade ‘B’ offices to get them all converted to other uses, the City of London is reporting a massive revival in this important sector. Torontonians should pay attention!
.Hiding in Plain Site: Canadian Pension Funds Represent Untapped Resource for Infrastructure Investment
Complaints that Canada lacks funds to invest in infrastructure, including transit and even housing, are barking up the wrong tree according to the former chair of the Montreal Chamber of Commerce. Simple modifications to pension fund mandates would free up billions for investment here at home.
‘Old Boys Club’ London Attitudes Impacting ESG Goals Post-COVID
Top women executives in London’s financial sector are leaving the industry in droves, a Parliamentary committee was told, undercutting efforts to promote ESG. Problems range from inequitable pay to concerns over the rollback of flexible work conditions. Does Toronto face a similar problem?
Grass Greener in Canada’s Workplaces Survey Finds
Thanks to universal healthcare, employee benefits and social policies like parental leave, Canada tops the list of places around the world considered the best place to work. Remember that next time you’re having a bad day at the office.
Office to Residential Conversions: Ambitions Greater Than Reality
With many office markets, including Toronto’s, seeing (slightly) higher than normal vacancies in ‘B’ and ‘C’ office buildings, the push to convert to other uses, particularly residential, continues – even though the reality suggests relatively few buildings are suitable.
“The Occupancy Index is supported by the City of Toronto, Downtown Yonge BIA, and Downtown West BIA. It is a measure of the percentage of office employees returning to the office compared to the number of employees who would normally have come to their offices pre-COVID. For a detailed description of the calculation please contact Iain Dobson at [email protected],”