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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Real Estate

Pay and promotion should be linked to office return, say bosses

Almost two-thirds of bosses expect offices will see a “full return” by 2026

Pay rises and promotions should be linked to coming back to work in the office, a new survey of chief executives has found.

Accountancy firm KPMG said 87% of the 1,300 CEOs it quizzed thought that remuneration rewards, raises or promotions should be linked with office attendance.

In the UK, 83% of respondents said they would be linking pay and office working, while overall almost two-thirds of bosses expect offices will see a “full return” by 2026.

KPMG’s survey also revealed generative AI is figuring prominently in bosses' thinking for the future; 70% stated it is their top investment priority with ethical challenges the number one concern when using machine learning.

Recession and ESG are other issues worrying the chiefs, with three out of four seeing rising interest rates and tougher central bank policies prolonging any downturn for the next three years.

On ESG, some 68% said progress so far is not sufficient to withstand potential scrutiny.

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