Roughly one in two people who work in finance would change jobs if their managers required them to spend more time in the office. Read on.
Wall Street chiefs have been among the loudest in pushing for a return to the office five days a week. JPMorgan Chase & Co. ended remote arrangements for its managing directors in April, saying they now must be in the office every weekday.
“When we look at the overall labour market, and we look at finance, unemployment remains really low, historically low,” Challenger said. “There still are job opportunities available and companies are still hiring. So it’s not an awful job market to go out and look in.” Moving from requiring two days in the office to three may give rise to some grumbling but likely wouldn’t be a “walk-away point,” said Rob Sadow, co-founder and CEO of Scoop. But when trying to cross the four-day threshold, employers may start to see the dynamic change.
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