HSBC says get back to the office or risk bonuses - and history shows it's a tactic that might backfire
Briefly

HSBC has implemented strict hybrid working policies, warning UK staff that failure to return to the office at least three days a week could lead to reduced bonuses. The bank intends to utilize internal attendance data for compensation decisions but is not enforcing a full return to the office, rather maintaining a hybrid model introduced 18 months ago. This trend mirrors practices in other financial firms, indicating a shift towards stricter in-office attendance requirements in the industry.
HSBC's decision to tie bonuses to in-office attendance emphasizes a strict hybrid work policy, requiring staff to return to the office for at least three days per week.
The company's approach reflects broader trends in the financial services sector, where firms like Lloyds have similarly linked in-office attendance to employee compensation.
Read at IT Pro
[
|
]