Citigroup is reinforcing its hybrid work model by offering its 229,000 employees the opportunity to work remotely for any two weeks in August. This initiative, revealed in a leaked memo from Chief Human Resources Officer Sara Wechter, aims to enhance flexibility for staff, especially during a traditionally slow business period. While Citigroup embraces this hybrid model to attract and retain talent, other banks, like JPMorgan and Goldman Sachs, prefer a stricter in-office approach. The bank has previously allowed similar remote work options, demonstrating a commitment to worker flexibility.
Citigroup's Chief Human Resources Officer, Sara Wechter, noted that the new remote summer perk highlights the bank's dedication to flexibility in its hybrid work policy.
Wechter emphasized that this hybrid work model allows Citigroup to attract and retain top talent, differentiating the bank from competitors.
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