From charterworks: The efforts of JPMorgan Chase and Goldman Sachs to get employees back in the office are two case studies worthy of examination. The big-picture takeaway is the same. Take a hard line on return-to-office schedules at your own risk
. “Knowing you’re being tracked kind of feels like you’re going back to high school and they’re taking attendance.”a carveout and could reduce their days in the office to two from three. A person familiar with the bank noted that worker schedules vary by business and by individual manager and said a very small group was impacted by the change.and reported that in-person attendance in the firm’s US offices is between 50% and 60%, down from a pre-pandemic figure of roughly 80%.
“You waged a public campaign, it would seem, to have people show up five days a week,” retorted CNBC’s David Faber. “It feels like you lost.” Solomon said his view was always “rooted in flexibility” and that his approach has “been portrayed as much more dogmatic than it is.”, a professor at Stanford Business School who has studied remote work for years, says that in today’s working world, demanding employees return to work five days a week is a mistake.
“The biggest problem with [it] is what to do when, as is clearly going to happen, employees do not return to the office full time. There are only two choices,” Bloom says. “One is to ignore it. That makes the firm and its leadership look weak. The other is to sanction employees with fines and punishment. This is even worse, as you are punishing employees that are otherwise highly performing for a rule they broke which is pointless and arbitrary.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EXC: Hundreds gather for Vicky White's funeral after she shot herselfHundreds gathered at Vicky White's funeral in Alabama on Saturday after she shot herself dead during an 11-day police chase and busted 'murderer' lover Casey White out of prison.
Read more »
Goldman Sachs and Barclays bank invest in Alan Howard’s crypto platform\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
Goldman Sachs staff can bank on endless holidaysGoldman Sachs will allow its senior bankers to take as many holidays as they want under a new “flexible vacation” scheme designed to promote “rest and recharge”
Read more »
Kazakh man hailed a hero for risking own life to save toddler hanging from 8th floorThe man is seen stepping out of the window and attempting to reach out to her
Read more »
Calling a man ‘bald’ is apparently sexual harassment – yet another double standardIt’s galling to see an all-male panel rule ‘bald’ constitutes sexual harassment while women still have a hard time getting claims of harassment taken seriously
Read more »
Alf’s revenge: disruptor Erling Haaland can be the striker Pep Guardiola craves | Jonathan WilsonSigning offers the ruthless unpredictability needed to break better rivals but Manchester City have still taken a risk
Read more »