The economic environment, specifically the labor market, will likely tip the balance in favor of one side of the RTO argument or the other.
In a tight labor market – particularly in high-demand areas such as data, AI and technical skills – talent may have the power to dictate terms from prospective employers, with companies fighting over a limited talent pool.
According to one study, Europe needs 20 million ICT specialists by 2030, but current trends suggest it will miss this target.
However, if companies have fewer problems filling roles, they will be emboldened to follow whichever policy they feel best suits them – with prospective employees having less bargaining power.
How this materializes will be individual to each company and job, with different forces influenced by industry.