Following JPMorgan Chase's demand for a full return to the office, many financial firms like Charles Schwab and Citi Group are maintaining hybrid work models. Citi's CEO promotes flexible arrangements as a competitive advantage. Research suggests that many financial professionals prefer hybrid schedules, even agreeing to lower pay for this flexibility. Such flexibility has become a significant factor in attracting talent post-pandemic, with evidence indicating improved productivity and employee retention linked to work-from-home options.
"There are some outlier employees who want to be in the office five days a week, but by-and-large, hybrid is what the top talent is looking for."
"Work-from-home schedules are becoming a concession many firms feel they simply have to make post-pandemic. In fact, it's become an expectation among prospective employees."
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