Market Insights

Hybrid Schedules May Be A Port in an Economic Storm

UPDATED ON
March 29, 2023
Mployer Advisor
Mployer Advisor
— Written By
Print Friendly and PDF

Workspace innovators IWG have released survey data that paints a fairly bleak picture about the near term prospects for the economy at large, with 91% of surveyed CFOs predicting economic downturn is within our sights. 

Perhaps even more telling, 98% of that same population of CFOs is planning on taking action to cut costs at their company if they haven’t yet begun doing so already, two-thirds of which plan to reduce their facility expenditures by at least 10%, and more than 8 out of 10 of which believe that hybrid work may be a viable means for achieving this result. 

You can read more about this topic here.

Want more insights on how your employee benefits compare to companies in your region, industry, and similar employer size?
Download Your Custom Benefits Report Now
See How Your Employee Benefits Compare

Next Up

Federal Court Ruling May Put Millions of US Companies In Breach of ERISA Fiduciary Duty
A Texas court ruled that American Airlines breached its ERISA duty of loyalty by failing to properly oversee BlackRock’s ESG-driven investment decisions. The decision could put millions of employers at legal risk if upheld. Are ESG investments in retirement plans now a liability?
The Employment Situation for February 2025
The latest economic release from the Bureau of Labor Statistics reports that the U.S. job market added just under 150 thousand jobs last month while unemployment ticked down one-tenth of a point to 4% to close out the last such economic report with data collected under the Biden administration.
Are Centers of Excellence On the Decline?
Centers of Excellence (COEs) may have peaked. While mid-sized employers increased adoption, the largest companies are scaling back. Is this a temporary dip or a shift in employer healthcare strategy?