Bank of America returned to the office on June 1, 2022 with the expectation for all employees to show up full time (five days per week). Bank of America leadership has taken a pro-office stance with little flexibility for remote work. Managers have provided cupcakes, staff lunches, and more perks to entice employees back to the office (which allows us to assume the employee sentiment…
I’m joined today by Kathy Kacher, the president of Career/Life Alliance Services and co-founder of The SMART Workplace. Kathy is an expert in workforce transformation and has helped numerous companies with post-pandemic plans, return-to-office plans, and implementing a hybrid work model. Interview With Kathy Kacher Below, you’ll find some key takeways that Kathy shared in answering each question. The takeaways were…
Goldman Sachs returned to the office on February 1, 2022 with the expectation for all employees to show up full time (five days per week). However, on the RTO day only 5,000 of the 10,000 (50%) employees that work at New York City headquarters showed up. Goldman Sachs CEO, David Solomon, has a negative stance toward hybrid and remote work stating multiple times that remote…
Meta, parent company of Facebook, returned to the office on March 28, 2022 with the expectation for workers to show up to the office 50% of the time. That must not have worked, though. In June of 2023, Meta set a new return to office date of September 5, 2023 with the expectation to visit the office three days per week. In August of 2023,…
Alphabet (Google) returned to the office on April 4, 2022 with a voluntary policy to work in a hybrid fashion for three days per week. Until an internal memo on June 7, 2023, Google had a positive stance toward remote work, stating that it expects 20% of its workforce to take advantage of the opportunity to work remotely full time, and that 85% of requests…
The data shows that people want to work from home. Pew researchers found (in a 2022 survey of 10,237 U.S. adults) that… 60% of workers with jobs that can be done from home say they’d like to work from home all or most of the time when the pandemic is over. Among those who have a workplace outside of their home, 61% now say they…
JPMorgan Chase attempted one of the earliest return-to-office dates of the Fortune 100 on September 21, 2020. After a breakout of COVID occurred, the company backed off the mandate. From the beginning of the COVID lockdowns until early 2022, CEO Jamie Dimon took a hard stance against remote work and for office work. Dimon stated, “We want people back to work. And everyone is going…
Apple returned to the office (RTO) on April 11, 2022 with a hybrid work policy starting with one day per week in the office. Apple expects employees to return to the office for three days per week on September 5, 2022. This was expected to increase to two days per week after three weeks, then three days per week by May 23. Apple did reach…
Morgan Stanley returned to the office in February of 2022. In July of 2022, Morgan Stanley tightened restrictions on remote work by stating that sales people can no longer work more than 90 days per year from home (it’s unclear if the policy applies to employees outside of sales). Morgan Stanley CEO, James Gorman, has maintained his pro-office and anti-remote work stance since the…
After five delayed return-to-office dates, Wells Fargo officially got back into the office on March 14, 2022 with the expectation for employees to come in three days per week. Of the major US banks, Wells Fargo is the one that is most open to remote work. A New York Times article from 2021 stated, “Wells Fargo is bucking a Wall Street trend by leaving the…