Citi Challenges Wall Street with 2 Weeks Remote Work In August – ryan

CITI CEO JA FRASS IS DUBLING DOWN ON WORK FROM AT A TIME WHEN MORE COMPANIES – From Wall Street to Silicon Valley – Are Demanding Employees Return to the Office Five Days a Week.

Citigroup on Monday Announched Two Weeks of Fully Remote Work in August For Its Hybrid Employees, the Majority of Who Are Required to Be In the Office at Least Days a Week.

In a memo to employs on monday, Citi’s Chief Human Resources Office, Sara Wechter, Said the way was a testament to the success of the Bank’s Hybrid Approach.

“Our Hybrid Work Model Helps US Attract and Retain Top Talent and Sets USA FROM OTHER COMPANIES IN OUR INDUSTRY – AND WE REMAIN COMMUNTED TO THIS MODEL,” The Memo Said.

The policy doesn’t appliant to employs in non-hybrid roles-Such as bank Branch workers or workers required to be on-site for regulatory reasons. Employees taching up the muster must also choose a location where they have the legal right to work, meaning this isn’t a “work from anywhere” program.

The Bank, Which Employs 230,000 People Around the Globe, Rolled Out Its Hybrid Work Model Following the Coronavirus Pandemic. SINCE THEN, BANKS SUCH AS JPMORGAN CHASE HAVE REVIED THEIR HYK WORK POLICIES, DEMANDING THAT EPPLOYEES FRONT- AND BACK-OFFICE ROLLES RETURN TO THEIR DESCE FIVE DYS A WEEK.

CITI HAS OFFERED A SIMILAR TWO-WEK REMOTE WORK OPTION IN DECEMBER EVERY YEAR SINCE 2022, But the Last Time It offends This to During the Summer Was in August of 2022.

Fraser and Her Executive Team Have Long Framed Hybrid Work As a Competitive Advantage for Luring Talent. The 57-YEAR-Old CEO has been shared her own Story About Flexible WorkSaying it enabled her to remain in the workforce as a mom while also serving as a partner at the consulting firm mckinsey in the Early 2000s.

JPMORGAN CHASE HAS Mandated Five Days in the Office, A Move That’s Helped Fuel the Rise of a Nascent Union Drive. Goldman Sachs, One of the First Wall Street Banks to Insist Its Employees Return to the Office Monday Through Friday, Has Also Fortified ITS-Day Office Policy, With Executives Saying Its Central to the Company’s Mentorship and Togeother.

See the full memo Sent by Citi’s Chro, Sara Wechter, Below

Message From Sara Wechter

Colleagues,

At Citi, we recognism that the natural of work is ever evolving, and we stree on the shape a work Environment where ours colleagues can Thrive. In Particular, Our Hybrid Work Model Helps US Attract and Retain Top Talent and Sets Apartments from Other Companies in Our Industry – We Remain Commonted to this Model.

Because we know how much you value the opportunity for flexibility, we are pleassed to share that Colleagues in hybrid roles have the opportunity to work Fully Remotely for two chooking in august.

We’ve Selected August Becuses it is traditionally a quieter time for some of the outsses and clients, we many are al -endy out of the officer due to vacations. While we have recognism this is not the case the entity business, Havinging a Designated Remote Work Periods Custency Across Teams Globally To Meet Our Deliverables and Client Obligations.

Whether Working in the Office or Remotely, it is essential that we remain as productive as ever, stay connected, collaborate effectively and deliver on our commmitments.

For sturgery details and aneswers to common Questions about this remote work Opportunity, please referee to pope.

Thank you for your hard work and commmitment to cit.

Sara Wechter
Chief Human Resources Officer