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In Person Work

All articles tagged with #in person work

businessfinance1 year ago

"JPMorgan Expands with 500 New Branches, Encouraging Return to Office"

JPMorgan Chase plans to add 500 branches and renovate 1,700 over the next three years, aligning with CEO Jamie Dimon's preference for in-person work and face-to-face interactions. Dimon has been vocal about his skepticism of remote work and its effectiveness, particularly for managers and client-facing services. The expansion aims to cater to daily foot traffic of 900,000 people, with a focus on serving small business owners and traditionally underbanked Black and Latino populations in low-income and rural communities.

via Fortune|
#branches-expansion#businessfinance#community-outreach
business2 years ago

"Employers Slow to Implement Incentives for Increased Job Satisfaction in the Workplace"

A recent poll conducted by NORC at the University of Chicago reveals that only 13% of employers have introduced new incentives to boost employee satisfaction with in-person work. The survey found that retaining employees who prefer remote work is a problem for 3 in 4 human resources representatives, with factors such as flexibility, work-life balance, and commuting costs influencing employees' desire to work from home. The top incentive that would encourage more in-person work is higher compensation, according to most respondents. Other potential incentives include commuter benefits, in-office childcare, free food, and social gatherings. While the number of people working remotely has decreased since the peak of the COVID-19 pandemic, it remains significantly higher than pre-pandemic levels, suggesting that the hybrid work model may continue to grow in popularity.

via Yahoo Finance|
#business#covid-19-pandemic#employee-satisfaction
business2 years ago

The Rise of Remote Work: A Double-Edged Sword for Job Security

Citadel CEO Ken Griffin expressed concerns about the impact of remote work on workplace culture and job security, stating that the lack of personal connections in a remote work environment makes it easier for companies to make cuts in the workforce. Griffin predicts that unemployment rates will rise in the coming year, and the era of remote layoffs has begun, with some companies firing employees over Zoom calls or email. The shift to remote work has also highlighted issues of favoritism and proximity bias, with in-person workers receiving preferential treatment. While remote work offers flexibility and autonomy, it lacks the collaboration, mentoring, and socializing opportunities that can be found in the office. Griffin has been a proponent of in-person work and believes that the loss of development opportunities for younger workers will have long-term consequences.

via Fortune|
#business#in-person-work#job-security
politics2 years ago

White House Urges Swift Return to In-Person Work for Federal Employees

The White House is urging Cabinet agencies to increase in-person work for federal employees, citing the end of the Covid-19 public health emergency and the benefits of increased productivity. White House chief of staff Jeff Zients directed Cabinet secretaries to aggressively execute this shift in September and October, signaling the administration's belief in the importance of in-office attendance. House Republicans have passed the SHOW UP Act to reinstate pre-pandemic work policies, while the Biden administration previously issued guidance for a substantial increase in in-person work without specific requirements.

via CNN|
#cabinet-agencies#federal-workers#in-person-work
business2 years ago

Amazon Implements Mandatory Relocation Policy for Employees Returning to Office

Amazon is implementing a "return-to-hub" policy, requiring employees to relocate to their teams' designated "hub" offices or face being considered a "voluntary resignation." The move is aimed at encouraging more in-person work and collaboration. Employees who refuse to relocate have 60 days to find a new team or face resignation. The policy has sparked frustration among employees, particularly those hired for virtual jobs or who moved to remote locations during the pandemic. Amazon's spokesperson stated that relocation benefits will be available, and exceptions may be made on a case-by-case basis.

via Business Insider|
#amazon#business#employee-resignation
business2 years ago

Workers Seek Better Career Opportunities Amid Job Insecurity and Remote Work Challenges

A record number of employees (56%) believe that in-person workers will have better career opportunities than hybrid or fully remote workers, according to the latest Workforce Survey from CNBC and SurveyMonkey. The survey also found that 37% of workers have seriously considered quitting their job in the last three months. The recent push from major employers to mandate more in-person days might seem to indicate that the balance of power is shifting, and workers are more inclined to return to primarily in-person work. However, other labor market data continues to tell a different story when it comes to the in-person push.

via CNBC|
#business#career-opportunities#employee-survey
business2 years ago

Martha Stewart Urges Return to In-Person Work to Save American Economy.

Martha Stewart reiterated her opposition to remote work and three-day in-person workweeks, stating that her creative and collaborative work cannot be done through Zoom. She believes that a three-day workweek does not increase productivity and is not good for the economy. Stewart also expressed her preference for employees to be available to work even on weekends.

via TODAY|
#business#economy#in-person-work
business2 years ago

Meta Mandates Three Days of In-Person Work for Employees

Meta, the parent company of Facebook, Instagram, and WhatsApp, has asked its office workers to return to in-person work three days a week starting September 5. Remote workers will be allowed to keep their status. The move follows a trend among large corporations to bring workers back to the office for at least a few days per week. Meta CEO Mark Zuckerberg hinted at the policy change in a March blog post, citing the company's internal analysis that in-person engineers performed better on average than remote ones.

via CNN|
#business#covid-19#in-person-work
business2 years ago

Meta Mandates Three Days of In-Office Work for Employees

Meta, formerly known as Facebook, will require employees to come into the office three days a week starting September 5, marking a sharp turn from the company's pro-remote work culture during the pandemic. The new policy will not apply to existing remote workers. CEO Mark Zuckerberg has been promoting the benefits of in-person work, and the company has been reevaluating its approach to remote work amid layoffs and a focus on collaboration and relationships.

via Business Insider|
#business#in-person-work#mark-zuckerberg
politics2 years ago

Biden Administration Pushes for More In-Person Work for Federal Employees

The Biden administration has instructed federal agencies to increase "meaningful" in-person work and return more employees to the office while continuing to allow telework when it does not hurt the agency's mission. The move comes amid heavy criticism from Republicans and D.C. Mayor Muriel E. Bowser, who have urged the president to return federal workers to the office. However, federal unions have pressed to keep teleworking guarantees because most D.C. workers with remote access prefer to continue working from home. The new directive leaves agencies with wiggle room to continue letting their staffs work from home, but it also hints that productivity from teleworking staffs is now a priority.

via The Washington Post|
#biden-administration#federal-agencies#in-person-work
business2 years ago

Biden Administration Pushes for More In-Person Work in Federal Agencies

The Biden administration has issued new guidance for federal employees to "substantially" increase in-office work, with each department and agency formulating its own plans based on their organization's needs. The plans come as the federal pandemic response is winding down, with programs set to end on May 11. The guidance calls on agencies to refresh their work environment plans and policies, while conducting regular assessments to determine what is working well and what can be improved. The move is expected to disproportionately impact federal workers in the Washington, DC, metro area, where 14.7% of the federal workforce is based.

via CNN|
#biden-administration#business#federal-workforce