For banks, hybrid work is here to stay
Banks are standing at a critical juncture when it comes to how and where their employees work. The direction they head could have long-term impacts on their ability to attract and retain top talent.
The Covid-19 pandemic will undoubtedly go down in history as an event that dramatically changed how — and where — the world works.
Prior to 2020 banks were doing much of their businesses in branches and offices. The pandemic forced them to quickly transition their massive workforces to work from home.
Almost four years later, leadership is changing its tune about where employees should work — with Wall Street banks like JPMorgan Chase and Goldman Sachs calling workers back into the office at least part-time.
But for employees, the push for remote and hybrid work options isn’t going away any time soon, says Avadhesh Dixit, chief human resources officer at Acuity Knowledge Partners, which provides research, analytics, and technology to financial services companies.
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