On today’s show we are taking a look at the benefits of working in an office environment versus remote work.
Back in 2019 average commute times in major cities had reached a peak. For example average commute times in San Francisco were 33 minutes. During the pandemic, that fell to 25 minutes. But in truth, since many were not commuting at all, the commute times for people working from home went to zero. Fast forward to this year and commute times are back above 30 minutes again, essentially mirroring times from 2019, despite the fact that many offices remain vacant. In fact the downtown vacancy in San Francisco remains at 34.4%, so there are still a lot of people not traveling to the office and working from home.
When I was in the tech industry, the benefits of having teams co-located was well documented. In fact, the level of communication between team members dropped significantly when desks were more than 50 feet apart. Close working teams need to be close together to function optimally.
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