If this is really the case, there's going to be some good people coming onto the market. In my experience, those of lesser skill (or at least lesser self-image) will stay and suck it up while the rest will go elsewhere. Weird stealth layoff.
Kind of depends on the situation. I'm currently working in a situation where I've never set foot in the office, but am living where I do with the expectation I might have to someday since it's not a remote position on paper. I'd prefer a remote position on paper and if I had it I'd definitely be living somewhere else, but at this point in time my #1 concern is maximizing compensation vs cost of living.
If my workplace introduced fulltime return to office, it wouldn't really change my calculus on how much I want to work for them. If my fellows did start leaving though, I'd start looking for concessions, because no one wants to be the idiot left holding the bag during a Brain Drain scenario.
> Just 23% of managers said they would allow employees to work remotely full time if a return-to-the office is mandated by their company.
So 23% of managers said that they would defy their company policy to let employees continue to work remotely? That sounds much higher than I would expect.