Investing
Canadian lender RBC increases work-from-office time as COVID ebbs
© Reuters. FILE PHOTO: A Royal Bank of Canada (RBC) logo is seen on Bay Street in the heart of the financial district in Toronto, January 22, 2015. REUTERS/Mark Blinch/File Photo
(Reuters) -Royal Bank of Canada on Tuesday asked its employees to return to office three or four days a week, as Canada’s largest lender eases its COVID-19 protocols.
In an internal memo to employees seen by Reuters, RBC said that “starting May 1, employees in hybrid work arrangements will come together in person for the majority of the time. This means you have the option to work remotely for one to two days each week, depending on your team”.
The bank said its senior leaders will finalise plans and provide updates to individual teams.
An RBC spokesperson confirmed the details of the memo.
Nearly three years after the onset of the pandemic, companies across the globe have ramped up efforts to bring more employees back to offices.
RBC Chief Executive Officer Dave McKay last year asked its employees to return to office more often, but said the hybrid work approach was “here to stay”.
National Bank of Canada (OTC:) said it has an average objective of 40% of the time in office for its employees, while Canadian Imperial Bank of Commerce said time spent at the office depends on the role.
Read the full article here
-
Side Hustles7 days ago
Protect Your Business With AdGuard VPN’s Powerful Security Features
-
Passive Income7 days ago
This Minimalist Lamp Lets You Pick From 16 Million+ Lighting Colors for Maximum Productivity
-
Side Hustles5 days ago
3 Steps You Can’t Miss When Growing Your Business
-
Make Money6 days ago
15 Jobs That Will Shrink the Fastest Over the Next Decade
-
Side Hustles6 days ago
How to Maximize Your Profits With This Annual 8-Step Checklist
-
Side Hustles6 days ago
Want to Start a Business? Consider Buying One Instead — Here’s Why.
-
Passive Income6 days ago
Why Email Marketing Is Still Your Business’s Most Powerful Tool
-
Investing5 days ago
Germany stocks lower at close of trade; DAX down 0.65% By Investing.com