UBS Deutsche Bank follows by banning employees from remote work on Friday and Monday
UBS, UBS, has resisted after a remote work hawks such as JPMorgan and Goldman Sachs, who imposed a full return to the office. However, I removed a paper from another competitor’s approach.
In an internal note distributed on Thursday, it was reported for the first time a fineUBS told employees that they would be asked to work from the office at least three days a week. In addition, the bank told 115,000 employees that they would not be able to work from home on Friday, next Monday, respectively.
“Our work approach focuses on the office with flexibility, and we ask our employees to be at least three days a week. A UBS spokesman said that spending enough time in the office with colleagues enhances innovation, cooperation and team productivity.” luck.
This approach is similar to the Deutsche Bank approach last year, which, in calling the employees to the office, drew a new line in the sand by banning Friday and Monday.
Many workers who work under a mixed model choose to enter the office between Tuesday and Thursday, and they work on Monday and Friday. On Fridays, in particular, it has proven popularity between both presidents and employees as the preferred long day.
The expected voices in the remote discussion against the office argue that this trend has usually created from low productivity on the weekend as employees slow on Saturday or slowly rise to Tuesday. Jim Ratcliffe, co -owner of Manchester United, ordered his employees to the office full time in May last year when he realized that the email activity had decreased on Friday when most of the employees were far away.
One of the problems like UBS is publicly happier to address the space. Several companies have evacuated a office space during Covid-19 in order to reduce costs when work seemed remotely like a permanent solution.
UBS is not different. In London, the company united the BroadGate HQ employees, where it was a medium space during the peak of work, after it also chose not to renew the lease contract at 1 Golden Lane. During that time, the company also combined the newly acquired Credit Suisse employees in its offices, putting another crisis on the space. The transition must be organized to choose between the two and the Friday attendance during the week.
The companies were also left frustrated due to thousands of square meters of unused office spaces on Mondays and the most popular Friday.
It is understood that UBS move to budget the office throughout the week is a step to better manage its office space. Deutsche Bank gave the same logic last year, as CEO Christian Sew said that the motivation is “spreading our existence evenly more than this week.”
The last policy presented by UBS is still more liberal than the group’s competitors in the banking sector, most notably Jpmorgan. The group imposed the full RTO delegation that started in March. Indeed, though, employees complained of insufficient space and weak Wi-Fi and his colleagues.
This story was originally shown on Fortune.com