ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Companies Are ‘Peacocking’ to Lure Employees Back to the Office; Will the Trend Work?

'Peacocking' means making the workplace so enticing that the employees are drawn towards working in such spaces.
PUBLISHED MAY 3, 2024
Cover Image Source: Employers are trying to lure their workforce back to the office (representative image) | Pexels | Photo by Huseyn Kamaladdin
Cover Image Source: Employers are trying to lure their workforce back to the office (representative image) | Pexels | Photo by Huseyn Kamaladdin

Transitioning back to an office setup after the flexibility of remote work can be challenging for many employees. They have gotten used to the comfort of working in their own space i.e. bedrooms or co-working setups. People find it difficult to step into the office even if it's for a few days a week—they feel like it intrudes on their private space. Co-working spaces might not entice employees as much as they used to. Nowadays, companies are trying to incorporate various tools and techniques and keep up with the trends to make employees just come to the office. They have upturned the office setups into cool spaces with decoratives and leverage to snack and take breaks, but experts think that materialistic changes won't be enough to make people want to come back. 

Making a shift from a wfh to office setup is impossible for some. Image Source: Pexels|Photo by Anastasia Shuraeva
Making a shift from WFH to office setup is impossible for some. Image Source: Pexels|Photo by Anastasia Shuraeva

Companies and employers are going to lengths by providing all the perks in the office to make the employees work in front of their eyes. Bryan Robinson recently published an article on Forbes based on Owl Labs’ 2023 State of Hybrid Work report that defines 'office peacocking' as the attempt to create a work environment employees are motivated to return to. Peacocking means making the workplace so enticing that the employees are drawn towards working in such spaces. This might include incorporating fancy decor, aesthetic furniture, and in-built kitchens with chef making snacks of their choice. 



 

Robinson further quotes the Owl Labs CEO Frank Weishaupt's statement, saying, "Companies paying for commuting costs (38 percent) is at the top of the list, followed by greater privacy at the office [e.g., dedicated offices, more phone booths] (34 percent), and having a way to know when people they want to see will be in the office (33 percent)." He adds, "We also found that it might be a good time to kill the dress code as 1 in 4 employees (24 percent) said they would be enticed to go to the office if they were able to wear whatever they wanted." But the point to note here is that these things might not be what brings the employees back.

Many experts think freshers might feel pressured to adapt to working-from-office setups. Some employees might even think their presence in the office might impress their bosses, resulting in higher hikes and employment growth. On the other hand, office peacocking can backfire on the companies, too. For instance, employees may not be happy if a company only partially pays for commuting costs or moves to a less convenient location. If the office isn't set up well (has rackety phone booths or congested workstations, etc.), employees can end up demanding fully remote work again.



 

Therefore, it is of utmost importance that the companies invest in making real improvements and not just putting on a show. Companies must be more concerned about giving employees more privacy by redoing office spaces. Investment in soundproofing and providing lunch on office days to help offset commuting costs can be an impressive upgrade. Additionally, employees leaving their comfort zone are looking for some fair income with work appreciation but companies fail to give this perk. Hence, office peacocking can only benefit the companies if they genuinely aim at making the office a better place to work than it was before.

MORE ON MARKET REALIST
The moment became unforgettable for audiences, and the presenter was appreciated for his recovery.
7 hours ago
Even without the raise, Oliver remains one of the top-paid faces on American television.
9 hours ago
The story resonated with thousands of fans who made sure to set things right for the hardworking man .
23 hours ago
After O'Leary and Rodriguez made offers, Cuban also joined Greiner to make an offer.
1 day ago
The Home Depot staffer requests the individual's tax-exempt number, which the individual declines.
1 day ago
She also called out Walmart after describing how she was feeling about wearing unwashed clothes.
2 days ago
Like any struggling young actor in the 80s, White was looking for any opportunity to appear on TV.
2 days ago
The man bought three tickets but left the last one at the counter and the man on the counter just checked it out of curiosity.
3 days ago
Perry's comments about splitting bills and the women being the breadwinner did not go down well with many.
3 days ago
The woman finally asked for help from a worker at Walmart and found out more alarming details.
4 days ago
Walmart worker confronts the return scammer, sparking a viral debate on ethical consumer behavior.
4 days ago
She was only offered $6,600 as a “goodwill gesture” for being the winner. 
5 days ago
The man from New Jersey bagged the reward when he was in the studio just as a member of the audience.
6 days ago
Viewers were left scrambling for an explanation until the glitch was fixed during a re-run later that year.
6 days ago
The person who originally listed the property later explained the logic behind the design.
6 days ago
Later, she finally found a way to get rid of the Tahoe after three years of paying $1,400 a month.
6 days ago
A study highlighted the alarming number of bacteria found on a large package from Amazon.
7 days ago
So far the recall hasn't been directly linked to the salmonella outbreak caused by eggs from another brand.
7 days ago
The employer was overwhelmed after learning about the struggles of his employees.
7 days ago
The video gained so much popularity that some users even advised Amazon that it could be their next commercial.
7 days ago