Bank of America has revised its return-to-office policy with senior leaders continuing to work from the office.
As per reports in Reuters and Bloomberg, the employees whose roles demand their presence in office, including employees from the financial centre will be based in their office. However, they will have access to tools and programmes that will facilitate some level of flexibility.
Those employees whose roles require them to function inside will be allowed to work from home for a limited number of days every month. The profiles suited to a split schedule will be required to work in the office thrice a week.
More details will be made available to the workforce by the business heads soon along with more specifications regarding work-from-office and work-from-home days.
The Bank conducted a survey earlier this year, in April before designing the policy. The employees came up with many different views. Therefore, the policy aims to be more flexible in a formal way and tries to achieve some kind of balance in each of its units even while maintaining consistency and fairness throughout.
Regular reviews of the policy and updations will keep happening. The Bank has about two lakh employees in its workforce.