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The slow yet steady return to the workplace continues. Public transport is reporting increased ridership with weekend travel exceeding pre-pandemic and in some cases weekday travel. These trends are similar to trends in New York City and London where the reliance on public transportation is critical to the return to the workplace.
Many employers are citing COVID fatigue, newfound acceptance of partial work at home by employees and economic uncertainty driving a slower than expected resumption of in-office work. Employee retention remains employer’s principal motivation for pandemic levels of remote work in the short term. We continue to believe the Index will reach 30% prior to August…
Stay safe, your SRRA team.
Links to Articles of Interest
Dig beneath the headlines!
The U.S. level of return to work in the office is edging up but still some push back on ‘mandates’
Vancouver aims to supplement transit revenues by raking in real estate profits
Yelp to shift entirely to remote working – An example of work carried out by individuals not a team
New York Chamber banks on rebuilding its vibe with a move to a people place
Local transit agencies say ridership increasing but see revenue challenges ahead
Flexible workspace the key to improving workspace culture?
Fall-out from pandemic affecting kitchen designs as many continue need to work remotely
“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],”