A leaked memo from JPMorgan reveals that employee dissatisfaction with company culture has risen compared to the previous year, largely due to the return-to-office (RTO) mandate implemented in March. The bank's annual survey showed declining scores in areas such as health and well-being, work-life balance, and internal mobility. Company leadership acknowledged these issues but emphasized the importance of in-person work for fostering connections and opportunities. Despite the concerns raised by employees—including a petition for hybrid work—CEO Jamie Dimon and HR leadership remain firm on their stance regarding in-office work.
Health and well-being scores remain favorable, though they dipped slightly year on year. We know return full-time to the office has been an adjustment and one that not everyone agrees with.
employees reported lower scores compared to last year for work-life balance and internal career opportunities, indicating that the return-to-office mandate may be affecting overall job satisfaction.
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