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Fewer Wall Street Firms Are Requiring Full-Time Office Attendance
The findings, from a new survey of flexible-work plans, contrast with increasing calls from finance-sector leaders to return to the office more often
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Fewer banks are requiring employees to be in the office five days a week, despite some Wall Street chiefs’ clamor to scrap remote-work arrangements.
Just 20% of financial-services companies require full-time in-office work, according to a new survey of 251 industry firms by Scoop, which helps companies coordinate hybrid teams. That’s down from 22% who said so the previous quarter. The share of banks that allow fully flexible remote-work options also decreased, the survey found, with more businesses moving to hybrid-work arrangements.