Lloyds tells employees to be back in office two days a week

Lloyds Banking Group will use "card swipe data" to make sure that hybrid workers comply with new rules insisting that they spend at least two days a week in the office.

2 comments

Lloyds tells employees to be back in office two days a week

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

In a note first reported by the Financial Times, Lloyds chief executive Charlie Nunn says the change will apply to office-based workers currently on a hybrid model, with the vast majority expected to switch by September.

Card swipe data will be shared with senior leadership teams to monitor office attendance. If staff are unwilling to follow the new rules, managers may have “more formal conversations” about their role.

“This is about performance, supporting each other and creating equity,” writes Nunn. “We want flexible working to be fair, inclusive and productive for all.”

Nunn also says Lloyds will pilot the future of "compressed working", where employees work full-time hours but over fewer days.

Want to see more fintech opportunities? Visit the Finextra Job Board for hundreds more roles, and bookmark the link for regular check-ins.

Sponsored [Webinar] Ensuring Interoperability in the Age of Global, Cross-Border e-Invoicing

Comments: (2)

A Finextra member 

The pilot is actually to remove compressed working and enforce 5 working days.

A Finextra member 

2 days a week in the office is absurd - if employees are unwilling to work 5 days a week in the office they are clearly uncommitted to thier employer and colleagues. Flexibility is obviously important and desirable, but the default should be 5 days in the office with flexibility to work from home when that flexibility is needed.

[Webinar] Trade based financial crime: Mitigating TBFC compliance risk with technologyFinextra Promoted[Webinar] Trade based financial crime: Mitigating TBFC compliance risk with technology