Barclays tells employees to return into the workplace extra

Barclays has tightened its work-from-home coverage with employees now required to return into the workplace for an additional day per week.

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

A memo was despatched to 85,000 Barclays workers that stated they’d now want to return into the workplace three days per week as an alternative of two.

Entrance workplace or client-facing employees, together with funding bankers, are already required to be within the workplace 5 days per week.

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

“We recognise the advantages of balancing flexibility for colleagues with the significance of working collectively to collaborate in our bodily areas,” a spokesperson for the financial institution stated.

“Our minimal time in-office necessities differ between enterprise areas relying on the character of labor and wishes of the enterprise.”

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

Earlier this yr, Lloyds Banking Group stated workplace attendance can be taken under consideration when deciding bonuses for senior executives.

Lord Sugar, star of the BBC present The Apprentice, stated on Thursday he desires to see all staff again within the office.

The 77-year-old stated he thought the issue was lots of younger individuals “simply need to sit at house”.

“I am an ideal advocate of getting them again to work, as a result of the one manner an apprentice goes to be taught is from his colleagues,” he stated.

Lord Rose, the previous boss of Marks and Spencer and Asda, not too long ago informed the BBC that house working was a part of the UK economic system’s “common decline” and workers’ productiveness was struggling.