On the contrary, they will be the companies that thrive. The job market will be very biased towards employers over the next few years. I think a lot of employees have a massive shock awaiting them.
I’ve not seen much evidence of this to date and in a lot of professional and white collar roles the competition for talent is fierce and every workforce specialist I’ve spoken to predicts it getting fiercer, particularly as the longer term impacts of Brexit hit talent mobility and availability.
The reality is that in a competition for the best candidates, the companies with the best offer (not just financial but working conditions incl hybrid working, compressed hours, etc) will get them if candidates feel it’s important. And at the moment more candidates are saying those things are important to them.
So if this continues to be a motivating factor the companies with more restrictive policies will to settle for the less good candidates. Which isn’t a good starting point if they want to thrive.
I know quite a few people in the City who have recently turned down job offers because the company hadn’t worked out its future working policy yet, or because they were too restrictive (eg no more than 1 day a week WFH).
Those companies that have seen targets met, productivity maintained or increased, and employee engagement maintained while WFH (largely because they have decent management who don’t need to physically see someone to know how they’re performing) are likely to carry at least some of that forward because it will help with staff retention. They recognise that forcing people back in to long commutes for marginal if any productivity gain is unlikely to benefit them in the long term when other companies are offering more flexibility. People have realised they can do their jobs productively and still be able to drop off at the school gate and meet their kids’ teachers, they like not having the stress or worry of transport delays meaning they’re late for after school club collection. They like getting those hours back, either for their lives or often for their work.
There will be Covid-hit industries where this isn’t the case. And as a PP said management skills in the U.K. are woefully poor, which contributes to the culture so many posters on this thread see as the only way to operate.
For me, I’m looking forward to hybrid. I’ve just accepted a role where they have a minimum of 1-2 days a week in the office which suits me perfectly; I was headhunted for more lucrative roles but with less flexibility (or they hadn’t set a formal policy yet) - I did not put myself forward for those roles.