Office mandates don’t help companies make more money, study finds::Three years after the coronavirus pandemic sent people to work from home in record numbers, U.S. employers are still struggling to get people back to the office.

  • cabron_offsets@lemmy.world
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    8 months ago

    Google’s costs go down if they own the building but don’t have to pay for cleaning, lights, toilet paper, paper cups, heating and AC to human comfort, etc. An empty building costs less than a building with people.

    • bitwyze@lemmy.world
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      8 months ago

      Yes, but the costs of those things are mostly fixed. If, say, 20% of the workforce goes into the office because they enjoy working there, then you pay the full cost of cleaning, lights, toilet paper, paper cups, and heating and AC for the entire building, even though it’s not at capacity.

      Source: My company is hybrid, but a handful of people decide to go in every day, including three people from my team.

      • cabron_offsets@lemmy.world
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        8 months ago

        Even if you are correct, then at best, this bullshit “real estate” angle is cost neutral. If it’s cost neutral, how is it a factor in valuation?

    • dustyData@lemmy.world
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      8 months ago

      That’s the unintuitive part. An empty building still needs some basic maintenance, and the financial difference is almost immaterial. Else the building just falls into disrepair and crumbles. The cost of conditioning a building for human use after dereliction is way larger than the cost of keeping it maintained, but the cost of maintenance between empty and full is almost the same. You can keep the AC off, you’re saving that electricity, but you still have to pay for the technician to go there and make sure it is still working, same with elevators, water lines and electric networks. Those things still deteriorate even if not being used. Some things can be mothballed, some can’t.