Barclays has tightened its work-from-home coverage with employees now required to return into the workplace for an additional day every week.
The financial institution is the newest firm to make modifications to its versatile working coverage that has been largely in place for the reason that Covid pandemic, saying it recognised the significance of employees collaborating in the identical place.
Barclays despatched a memo to lots of its 85,000 staff stating that they might now want to return into the workplace three days every week as an alternative of two.
Entrance workplace or client-facing employees, together with funding bankers, are already required to be within the workplace 5 days every week.
Barclays has had a hybrid working mannequin in place for a while.
“We recognise the advantages of balancing flexibility for colleagues with the significance of working collectively to collaborate in our bodily places,” a spokesperson for the financial institution stated.
“Our minimal time in-office necessities differ between enterprise areas relying on the character of labor and desires of the enterprise.”
Barclays’ tighter working-from-home guidelines, first reported by the FT, come after JPMorgan introduced employees could be required within the workplace 5 days every week from March.
Earlier this 12 months, Lloyds Banking Group stated workplace attendance could be taken into consideration when deciding bonuses for senior executives.
Lord Sugar, star of the PJDM present The Apprentice, said on Thursday he wants to see all workers back in the workplace.
The 77-year-old stated he thought the issue was plenty of younger folks “simply need to sit at residence”.
“I am a terrific advocate of getting them again to work, as a result of the one method an apprentice goes to be taught is from his colleagues,” he stated.
Lord Rose, the previous boss of Marks and Spencer and Asda, just lately advised the PJDM that residence working was a part of the UK economic system’s “normal decline” and employees’ productivity was suffering.
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, 2025-01-30 13:32:00