Danske Bank to keep work-from-home option in the future

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Like many companies it has found that working remotely improves productivity, keeps meetings shorter and reduces travel

Copenhagen/Oslo — Staff at Denmark’s biggest bank will permanently be allowed to work from home a couple of times a week, after parts of its business thrived under the arrangement during the country’s lockdown.

Danske’s decision follows a finance industry survey in Denmark, which found that 85% of firms were “very satisfied” or “partly satisfied” with the work done by staff during the lockdown. Many respondents discovered that tasks requiring greater concentration were performed with fewer errors, while meetings were more efficient.

In a letter to employees, CEO Sigve Brekke said more flexibility would create new opportunities and could lead to more efficient operations. Part of the benefit of conducting virtual meetings is that a lot of time will be saved on travel, he said. Chris Vogelzang, the CEO of Danske, said the experience of recent months “has proven that there’s so much untapped potential in the virtual workspace that we need to explore”. Allowing bankers to work from home will “create a more attractive and flexible workplace”.

Source: News Formal (newsformal.com)

 

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