Comments–
The steady increase in people choosing to work in the office appears to be slowing down as summer approaches. Travel downtown is increasing on Fridays, but Mondays remain slow. Both these trends are occurring in New York City and London although the return to the office figures are higher 33% and 31% respectfully.
Employees who are choosing to stay in the home office are less concerned about a new variant and or travel on public transit than other factors. Employers remain reluctant to insist on returning to the office more than a few times a week. We are still expecting the Index to reach 30% but not until late June.
Stay safe, your SRRA team.
Links to Articles of Interest
Dig beneath the headlines!
U.K. office workers – particularly those in finance – resisting calls for return to office
If enough headlines get written, anecdotes can become ‘fact’
“The Occupancy Index is supported by the City of Toronto, Financial District BIA, Bloor-Yorkville BIA, The Waterfront BIA, Downtown Yonge BIA, St Lawrence Market BIA and Toronto Entertainment District 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],”