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• Comment Link Τρίτη, 21 Ιανουαρίου 2025 14:03 posted by Bonus99

  The revolt against working from home has continued to
  gather pace after one of Britain's biggest banking institutions told employees that bonuses would be lost
  if their office attendance didn't improve.
  
  
  Senior staff at Lloyds Banking Group have been informed that
  the firm may cut their bonuses should they fail to
  go into the office at least twice per week.
  
  
  In the banking giant's forthcoming round of bonuses, attendance
  requirements will be a factor for roughly 20 per cent of its
  60,000 staff. 
  
  The decision by Lloyds comes just a number of weeks after
  the firm re-opened its City headquarters following an 18-month renovation period, with the Old Broad Street location now
  housing in excess of 5,000 staff.
  
  The Covid pandemic ushered in a new era of hybrid working at some of the UK's
  largest companies, but this move by Lloyds, was first reported
  by The Guardian, highlights a growing appetite amongst firms to return to the pre-pandemic status quo.
  
  
  
  Initially the means by which the white-collar economy could continue to operate whilst strict lockdown measures were enforced,
  remote working has since become the norm and a means of attracting workers with
  the carrot of workplace flexibility.
  
  However, concerns over employee productivity,
  coupled with the requirement to justify lofty rents for city office space, have seen a host of major employers reverse course and attempt to divert
  back towards an in-office work environment.
  
  
  Lloyds are not the first bank to make a move against remote working, after
  Wall Street firm Goldman Sachs issued a 2023 edict which declared
  staff must work all five days of the week in the office. 
  
  
  
  
  Senior staff at Lloyd's Banking Group have been informed that the firm may cut their bonuses should they fail to go into the office at least twice per week
  
  
  
  
  
  In the Office for National Statistics' (ONS) most recent figures, it was shown that two in five UK
  workers enjoy at least some sort of remote working arrangement
  
  Worries over a malaise in corporate culture and the lack of opportunity for new and younger staff members
  to hone their skills under the supervision of experienced colleagues are other reasons cited by
  leading firms for pursuing more in-office time.
  
  
  Just last week, America's biggest lender, JPMorgan Chase, told its staff that they will be required to attend their offices in person five days a week from March.
  
  
  Similarly, Amazon returned to in-office work only from the start of
  the new year. 
  
  
  
  Read More
  
  Two out of five employees work from home some of
  all of the time
  
  
  The revolt against working from home is not just confined to the
  corporate world: last week the Metropolitan Police warned thousands of staff that
  their pay would be docked for every day staff refuse to come into the office when they are contracted to do
  so.
  
  These positions included 999 call handlers,
  PCSOs and child protection officers.
  
  Office for National Statistics (ONS) figures suggest two in five
  UK workers enjoy a remote working arrangement.
  
  This figure rose to two-thirds for people in management positions.
  
  
  There were large discrepancies in remote working numbers based on education level:
  almost 60 per cent of those with a degree work
  some or all the time from home, whereas less than 10
  per cent of those without third level qualifications did so. 
  
  Reacting to the new enforcement of their hybrid working policy, a spokesperson for Lloyds stated the firm was 'proud to offer an industry-leading
  approach to flexible working which delivers many
  benefits for our colleagues while ensuring that we are well-placed to deliver on our ambitious strategy
  to transform our business and continue to deliver for our
  customers'.
  
  
  Amazon
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