Citigroup is not following Wall Street banks like JPMORGAN and implementing a Strict return policy to the office. According to recent reports, Citigroup has decided to refrain from its hybrid schedule which allows staff up to two days a week of distance work.

Director General of Citigroup Jane Fraser told managing directors in a quarterly call in mid -January that the bank will continue to have a hybrid work schedule, Financial Times reported on Tuesday. According to the report, Fraser said the Citigroup hybrid work policy gives it a competitive advantage allowing it to recruit a talented staff.

Most of Citigroup's 210,000 person The workforce is on the hybrid schedule now, with only traders and staff in bank branches expected to be in the office five days a week.

^{Director General of Citigroup Jane Fraser. Photo by Drew Angerer/Getty Images}

Fraser has taken measures to help the Citigroup workforce create a balance of balance and life balance. In March 2021, she sent a memorandum For the bank staff, creating Friday without magnification, where employees were not required to call videos on Fridays. She also encouraged the staff to keep their work in work hours and take their vacation time.

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“When our work is poured regularly on the nights, very early mornings and weekends, it can prevent us from replenishing completely, and that's not good for you, and, after all, for Citi,” Fraser wrote in Memorandum .

Fraser's stance on hybrid work, as giving Citigroup an advantage over competition, runs counter to that of other Banks in Wall Street, such as JPMORgan. Last month, JPMORGAN asked all its employees 300,000 Plus to return to the office five days a week until March. employee back Almost immediately in a post by the company announcing the mandate, with over 300 comments explaining that politics would affect their child care costs, travel and balance and life balance.

Other Wall Street institutions asked employees to return to the office earlier. Goldman Sachs told its employees in the US that they had to return to the office by June 2021.

Meanwhile, some large companies have decided to stay more flexible hours. Starbucks has kept a hybrid schedule with two days working from distance for its corporate employees while Spotify has a In any place of work POLICY

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