As the covid pandemic cases declined many companies have already implemented work from the office. Now, An American multinational financial services company, JPMorgan has implemented its work-from-office plans for its seniors.
According to Reuters reports, the company has asked its managing directors to work from the office for five days a week. JPMorgan’s remaining employees will remain on hybrid schedules. The remaining employees are required to be in the office at least three days a week.
CEO Jamie Dimon has also expressed his concern about the downsides of long-term remote work. Additionally, the company is also planning to roll out more automated attendance in order to track and manage work schedules, real estate, and security. The work from office has the requirement:-
- The employees have to be visible on the floor.
- Additionally, they are required to meet with clients, they need to teach and advise.
- The employees are required to always be accessible for immediate feedback and impromptu meetings.
“Our leaders play a critical role in reinforcing our culture and running our businesses,” the bank’s operating committee said in a memo to staff.
“They have to be visible on the floor, they must meet with clients, they need to teach and advise, and they should always be accessible for immediate feedback and impromptu meetings. We need them to lead by example, which is why we’re asking all managing directors to be in the office five days a week”, it added.
“There are a number of employees who aren’t meeting their in-office attendance expectations, and that must change,” the bank said.
Managers’ attendance may be part of performance reviews and could take “corrective action” if requirements were not being met.
The company emphasized that employees should account for their time out of the office for sick days, vacation, or business travel.
