Citigroup doubles in its hybrid working policy by giving most of its workforce 229,000 people a distant summer advantage.

According to the Memo Fragrance Employed on Monday, obtained Business InsiderCitigroup gives its hybrid the opportunity to work on remotaly throughout the two weeks of its choice in August. Most Citigroup employees are hybrid and work in the office at least three days a week, with only traders and branches of the bank experimenting to work in person five days a week.

The Human Human Resources Director Citigroup, Sara Wechter, Sennt the Memo, which notes that Perk was part of the bank’s commitment to flexibility and hybrid work policy.

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“Our hybrid model helps us to attract and maintain the highest talent and distinguishes us from other companies in our industry – and we are still devoted to this model,” Wechter wrote.

Wechter added that a banking thing that “is a traditionally quieter time for our business and customers when many are already because of the office for vacation”.

^{CEO Citigroup Jane Fraser. Photo: John Lamparski/Getty Images}

Last time Citigroup gave employees the opportunity to work remotaly for two weeks in the summer of August 2022. The bank also offered two weeks of work of all December sales 2022.

Employees must work from renting where they have a legal right to work, so it is not an organization of “work from anywhere”.

While Citigroup strengthens its obligation to hybrid work, other banks promote return to the office. JPMorgan demanded that most of their employees have been fully working from the office from March, while Goldman Sachs has required this since 2021.

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Citigroup CEO Jane Fraser has long been a supporter of flexible work. After she had her first child, she decided to work part -time as a partner in McKinsey, which was the arrangement she kept until the McKinsey for Citigroup in 2004.

As the first woman to lead the main US bank, Fraser has led the multi-yéar efforts to transform Citigroup by updating its technology and support the balance between work and private life. Fraser became CEO Citigroup in March 2021 and stressed that there was a hybrid work at the bank.

In March 2021, she created a bank without zoom on Friday so that employees were not obliged to make video calls on Friday. In addition, it urged employees to take time for holiday and work on standard working hours.

In January, Fraser told the directors of a quarterly call that the bank’s hybrid work policy gave it to her in recruiting a new talent and that policy would continue.

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