Barclays is tightening its work-from-home policy, requiring employees to return to the office for three days a week instead of two. This decision reflects the bank's acknowledgment of the importance of in-person collaboration, especially as hybrid working models were implemented during the Covid pandemic. The memo, affecting 85,000 employees, also highlights differing requirements for front office staff who must be present five days. The shift in policy follows trends among rivals like JPMorgan and Lloyds Banking Group, reinforcing a focus on physical workplace presence to enhance productivity and collaboration.
We recognise the benefits of balancing flexibility for colleagues with the importance of working together to collaborate in our physical locations.
Earlier this year, Lloyds Banking Group said office attendance would be taken into account when deciding bonuses for senior executives.
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