Will Rising Prices Inhibit Leaders' RTO plans?
The Latest Insights from the Crowd - Rob Pace, CEO of HundredX
On the topic of leadership strategies, the discussion around employees’ return-to-office (RTO) is especially pertinent. Recently, the FT posed an interesting questio n - will rising food and gas prices impact the pace of employees’ return to office? It’s a compelling question that hasn’t been high in the mix of the top considerations for CEOs as they formulate their return to office plans. Examining our customer experience data, we think the FT is likely onto something here. As shown in the chart below, not surprisingly, across-the-board we see the impact of price impacting consumers’ decisions. This trend has rapidly accelerated over the past six months suggesting consumers are no longer feeling as confident with their financial outlook as they were during the early stages of the pandemic given unprecedented levels of government assistance.
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