Intel was one of the few Fortune 500 companies to publicly state it would not require an official return to the office. The company shared this approach in 2021 and reiterated it in 2023. But as of April 24, 2025, Intel has reversed course. An internal memo told employees to 1) watch for layoffs and 2) return to the office four days per week in September…
BNY Mellon (#130 on the Fortune 500 list) is the latest major financial institution to tighten its return-to-office policy. Starting today, the company will require most employees to be in the office four days per week—up from three days in 2023. Here’s everything we know about BNY Mellon’s updated return-to-office plan and past policies. BNY Mellon’s Return To Office Policy Here’s the full RTO policy:…
Gap Inc. is the latest major corporation to announce a full return-to-office (RTO) mandate. The order applies to all corporate employees who live near an office and will start in September 2025. San Francisco Business Times first reported the story on February 7, 2025, giving employees a five-month ramp-up period. Here’s everything you need to know about Gap’s RTO policy. Gap’s Return To Office Policy…
Ford Motor Company is ending its flexible hybrid model and moving to a more structured office-based approach. In a memo issued June 25, the company announced that the majority of its global salaried workforce will be required to work from the office four days a week starting September 2, 2025. “We believe working together in person on a day-to-day basis will help accelerate Ford’s transformation…
Arguably since the first agricultural revolution 10,000+ years ago, work has been tied to a fixed location. That location-based work – first a farm, then a manufacturing plant, then an office – created opportunity. Opportunity attracted workers (or new citizens). Therefore, we always formed cities, countries, and societies primarily through location-based opportunity. Go where the work is, as they say. For the first time in…
Use this calculator to optimize employee schedules for maximum coverage while minimizing overtime. With a few simple inputs, it will calculate total required coverage hours, average hours per employee, and highlight potential overtime risks. How To Calculate Schedule Coverage Schedule Coverage Definition Schedule coverage refers to the total number of employee hours needed to adequately staff all shifts or tasks. This calculation takes into account…
On February 7, 2025, Giant Eagle replaced its public-facing DEI page with a new inclusion-only page, eliminating all mentions of “diversity” and “equity” in the process. What Changed Previous Page: Giant Eagle’s original DEI page, titled “Inclusion, Equity & Diversity at Giant Eagle Inc.”, emphasized systemic change, community commitment, and measurable definitions of inclusion, equity, and diversity. New Page: The current page, launched on February…
Use this calculator to determine your average overhead cost per employee. With a few simple inputs, it will calculate the portion of rent, utilities, office operations, and administrative costs attributable to overhead, divided by the number of employees. How To Calculate Overhead Cost Per Employee Overhead Cost Per Employee Definition Overhead cost per employee is the average share of indirect business expenses allocated to each…
Use this calculator to estimate the total cost of unused paid time off (PTO) for your company. With a few simple inputs, it will calculate your PTO liability in dollars. Understanding PTO Liability PTO Liability Definition PTO liability is the total dollar value of all accrued but unused paid time off that your company would need to pay out if employees cashed it in. This…
Verizon Communications has updated its return-to-office (RTO) policy, requiring management and corporate employees approved for hybrid work to report to the office three days per week starting the day after Labor Day. Previously, these employees were required to work eight days per month. The change coincides with Verizon’s lease of 200,000 square feet of office space at the newly renovated Penn 2 tower near Manhattan’s…