NYC - RETURN TO OFFICE PLANS?
What are different firms return to office plans? Have been at a PE/PC fund fully remote, looking to go into office partially this summer.
I cant and won't go back to 5 days a week....it just isn't necessary for the non-collaborative work we do (the IBs are a different business). Would love to know what firms have announced as it would be a key part of my search process. (u can call it ridiculous, but work/life balance matters to some, and I'm happy to work as hard as anyone but would rather do it from my home/anywhere in the world! than a desk in an office).
I think Akin Bay may already be back at 80% in office and moving towards 100%
Thats a Banker tho, a bit different. Also u mean 80% capacity or days of the week?
I’m not sure if I have more level of detail than that about the firm and its current plans
Would love to know what people are thinking individually and also what other Private Investment firms are doing...
Work at a very large company. Firm has already said don’t expect to return until September. My MD has said for our group specifically, think more like Late Q4 because of logistics and miscellaneous. Personally, I just don’t see myself going back 5x a week. Ofc I will if mandated but if I can choose? I’d do Mon-Wed in office and Thurs-Fri at home. At the bare minimum, I’d like to WFH on Fridays. However, I will add that I do work in RE and the major RE firms are all colluding with each other to coerce their tenants and employees back into the office. Common sense, WFH hurts their bottom line and investment.
Got ya, expected it would be similar for me and very surprised my group is going in 2x a week this summer.
Real Estate a diff animal I know ppl at Related, brokerages, and others who have been in office all along given there significant vested interest in keeping the old guard going.
Interesting point. I wasn’t aware that there is coercion going on by landlords to tenants
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