HomeNewsA new report reveals that city workers are refusing to listen to...

A new report reveals that city workers are refusing to listen to ‘ego-driven’ calls to go back to work.

Monday, November 28, 2022 at 5:01 PM

(Photo by Dan Kitwood/Getty Images).

According to a new report, city workers ignore calls from executives at “C Suite” for employees to come to the office on a minimum number days per week.

According to the report, managers and workers in the financial and professional service sectors are using “tailored” business models that meet their operational needs.

The study — which is based on interviews with 100 workers at major companies including Goldman Sachs, Blackrock, Natwest and PwC — suggests that remote start policies did not have a detrimental effect on productivity.

Interviewees claimed that flexible working policies could significantly increase productivity and provide greater team-wide efficiency.

According to the paper, employees could be able to use the commute time for productive work instead.

The report, which is sponsored by some the UK’s most prominent companies, argues that giving companies more flexibility can also help reduce staff turnover due to stress and burnout.

The study shows that companies that do not allow employees to work remotely are at risk of losing out in the race for talent. This is especially true for women who are likely to flock to companies that allow remote work.

Dr Grace Logan, an economist at London School of Economics warned against senior executives asking workers to come in for a certain number of days each week “out of self-interest rather than the best interests of the company.”

According to Anna Lynn, chair of Women in Banking and Finance, managers are “experimenting” more with different models in order to increase productivity and psychological well-being, she said.

She warned managers who insist on “strict” schedules that require workers to be present for “3, 4, or 5” days per week, “will lose out to their competition who don’t.”

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