Fourteen percent of employers surveyed between Feb. 24 and March 8 said they have no timeline on when they’ll welcome back to employees to their Big Apple office, findings by the Partnership for New York City revealed.
Beyond that, workers in New York City aren’t expected back anytime soon. The consensus thinking is almost half of office workers are expected to return to the office by Sept. 2021, which would be a year and six months since employees left the office when the coronavirus pandemic shut down the city and shifted work remotely.
The 45% of workers expected to return by September is down slightly from late October, when employers said that 48% would return to the office by July 2021.
New York City, once dubbed the epicenter of the viruses outbreak, has more than 788,000 cases and 30,000 deaths, according to The New York Times.
In total, 10% of offices workers in Manhattan have returned to the workplace as of early March. The tally remains unchanged since late October, according to researchers.
While many Americans have embraced the work-from-home model and hope to continue it moving forward, employers are taking notice. Fifty-six percent of office employees will continue working remotely at least part-time, employers said.
Twenty-two percent of employers said they will require all workers to return to the office full-time. However, 66% said they will adopt a hybrid model, and 9% said that they will not require workers to return.
From an industry level, tech employers expect 51% of their workforce to return by September. Finance and insurance employers said that half of their workers are expected to return in the same month, down slightly from the 52% mark expect by July.
An important benchmark to mention is workforce size. Large employers said they are bringing workers back at a slower pace, with only 8% having returned to an office of companies with more than 1,000 employees. In comparison, 20% of workers have returned in companies with fewer than 500 employees.
Employers surveyed in the study came from the heart of New York’s working hubs, with employers having offices in Midtown West (37%), Midtown East (34%) or in the Financial District (16%), home of Wall Street. Employers interviewed were across multiple different industries, including insurance, real estate, law, consulting, and media.