City Group is doubling its hybrid work policy 229,000 people Manpower in a remote summer.
A according to A Memo leak Sent to employees on Monday, obtained by this Business InternalCity Group is giving its hybrid employees the option to work from far away for any two weeks of their election in August. Most City Group staff is hybrid and works in the office at least three days a week, only traders and bank branch staff are expected to work personally five days a week.
City Group Chief Human Resource Officer, Sara Vector, sent a memo, which states that Prak Bank’s flexible and his hybrid work policy was part of a commitment.
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“Our hybrid work model helps us attract and maintain high skills and separates us from other companies in our industry, and we are determined to this model.”
Vector added that the bank chose August “because it traditionally is a quiet time for our business and clients, when many holidays are already out of office.”
Jane Fraser, CEO of City Group. Picture of John Limparski/Getty Images
The City Group for the last time gave employees the option to work from two weeks during the summer in August 2022. The bank has offered a two -week remote work every December since 2022.
Employees should work far from a place where they have the legal right to work, so it is not “work” from anywhere.
Although the City Group has reinforced the commitment to hybrid work, the other bank is calling for a return to the office. JP Morgan needs most of his employees to work fully from the office starting in March, while Goldman Sex needs it since 2021.
Related: The City Group eliminated more jobs this week. This is what the roles were affected.
City Group CEO Jane Fraser has long been a supporter of flexible work. They Chose to work part -time As his first child’s partner in McCanis, a arrangement remained intact until he left for the City Group in 2004.
As the first woman’s position Lead to a large US bankFreezer has led a multi -year attempt to change the City Group Updating its technology And encourage the balance of work life. Since becoming the CEO of the City Group in March 2021, Fraser has emphasized that the hybrid work is to stay here in the bank.
In March 2021, they Created Zoom -free Friday in the bank so that employees don’t need to make video calls on Friday. In addition, he also urged the employees to take the holiday time and keep the work up for standard work hours.
In January, Fraser told directors on a quarterly call that the bank’s hybrid work policy has benefited it from recruiting new capabilities and that the policy will continue.
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City Group is doubling its hybrid work policy 229,000 people Manpower in a remote summer.
A according to A Memo leak Sent to employees on Monday, obtained by this Business InternalCity Group is giving its hybrid employees the option to work from far away for any two weeks of their election in August. Most City Group staff is hybrid and works in the office at least three days a week, only traders and bank branch staff are expected to work personally five days a week.
City Group Chief Human Resource Officer, Sara Vector, sent a memo, which states that Prak Bank’s flexible and his hybrid work policy was part of a commitment.
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