Barclays tells workers to come back into the workplace extra | EUROtoday

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Barclays has tightened its work-from-home coverage with workers now required to come back into the workplace for an additional day every week.

The financial institution is the newest firm to make modifications to its versatile working coverage that has been largely in place because the Covid pandemic, saying it recognised the significance of workers collaborating in the identical place.

A memo was despatched to 85,000 Barclays workers that mentioned they might now want to come back into the workplace three days every week as a substitute of two.

Front workplace or client-facing workers, together with funding bankers, are already required to be within the workplace 5 days every week.

Barclays has had a hybrid working mannequin in place for a while.

“We recognise the benefits of balancing flexibility for colleagues with the importance of working together to collaborate in our physical locations,” a spokesperson for the financial institution mentioned.

“Our minimum time in-office requirements vary between business areas depending on the nature of work and needs of the business.”

Barclays’ tighter working-from-home guidelines, first reported by the FT, come after JPMorgan introduced workers can be required within the workplace 5 days every week from March.

Earlier this 12 months, Lloyds Banking Group mentioned workplace attendance can be taken into consideration when deciding bonuses for senior executives.

Lord Sugar, star of the BBC present The Apprentice, mentioned on Thursday he needs to see all employees again within the office.

The 77-year-old mentioned he thought the issue was plenty of younger folks “just want to sit at home”.

“I’m a great advocate of getting them back to work, because the only way an apprentice is going to learn is from his colleagues,” he mentioned.

Lord Rose, the previous boss of Marks and Spencer and Asda, just lately informed the BBC that house working was a part of the UK financial system’s “general decline” and workers’ productiveness was struggling.

https://www.bbc.com/news/articles/ce8yn0d310zo