The Real Cost of Office Presence: Are We Measuring the Right Things? - Associate Director DTCC Employee Review

1.0
15 Aug 2024
Recommend
CEO approval
Business outlook

Pros

You can meet some really good & supportive people

Cons

The recent decline in productivity seems directly tied to the emphasis on physical presence over actual performance. The office has turned into a hub for unimportant chats rather than a place to focus on the work that drives our profits and enhances our reputation. If management’s goal is to ensure productivity by tracking who’s in the office, then we’re missing the mark. What we need are performance metrics that genuinely reflect an individual’s contributions, not just their attendance. High performers and committed employees are feeling the pressure. The additional stress and mental toll of wondering whether they’ve clocked enough office hours is counterproductive, especially when they’re delivering exceptional results. This focus on office swipes rather than actual output is unsustainable. Moreover, it overlooks the need for balance. Personal commitments sometimes require flexibility—like working fewer than three days in the office. The world has moved on, recognizing that productivity isn’t about where you are but what you deliver. So why are we reverting to outdated practices?

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DTCC Response
1y
Thank you for taking the time to write your review. We recognize that change can be difficult, but believe that DTCC’s 3-day per week hybrid work approach enables us to bring people together for on-site collaboration and networking while also promoting flexibility and work-life balance. This approach is similar to how most companies across industries are managing their workforce since the pandemic. Ultimately, our culture is underpinned by colleagues actively working and collaborating together in an environment where they can do their best work and contribute to the mission of the organization. That’s one of the many reasons why Forbes just ranked DTCC one of “America’s Best Midsize Employers” in 2023.

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Pros

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Cons

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