How to get employees back to the office, when the phenomenon of teleworking, for jobs that can, has entered the mainstreams since the pandemic? This is the puzzle faced by many international companies. The issue being a source of intense reflection, the US bank Citi may have found the solution in the United Kingdom, and plays between carrot and stick.
With 240,000 employees worldwide, including 12,500 in its offices in London, Edinburgh and Belfast, the company, which has "firm expectations for office attendance", intends to reduce bonuses for employees who do not come to its headquarters at least three days a week. Bloomberg had also revealed in early August that Citi would put a "data scan per person, per day and per location". Time clocks have also been installed and employees are obliged to present their badges to show that they are present. While this is a general measure, the mechanism is particularly targeted at employees who are regularly absent, the "repeat offenders".
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But this monitoring process is not new in the banking sector: other companies such as Lloyds, HSBC, JP Morgan have stepped up their efforts to repatriate their staff to their premises. A study by accountancy firm RSM UK showed that 33% of companies allow their employees to work remotely outside the UK. The phenomenon has been referred to as "working from the beach".