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Five-day office week still not on the cards

Banks in the Republic of Ireland have, in a survey, ruled out the possibility of returning to the five-day office week due to Covid-19 pandemic restrictions and safety control measures.

The Republic’s financial industry players operating in Dublin international financial services, through KPMG, conducted a survey on 11 of Ireland’s banks, and none of them expressed any interest in having their workers back in office fulltime.

The banks outlined a preferred work model which entails that senior staff would devote more days, as compared to junior staff.

According the KMPG’s survey,” The preferred model of working outlined by chief executives is a hybrid, with expectations that the C-Suite executives and department heads would spend the most time in the office, at least two to three days, while other less senior staff are expected to spend more time working from home.”

The speaker said, “We already had a hybrid model in place prior to the pandemic and this will continue.”

He said the new model aims at ensuring that there is, “less of the old way of doing things, like travelling through rush hour to do something at the office that could easily have been done from home.”

The survey, moreover, highlighted that the model has the potential to result in the “majority of banks reducing their footprint in 2022”.

The government recently lifted most of its Covid-19 pandemic restrictions, with a call to a phased return to the work place.

LSL News.

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