The bank’s internal analysis shows that two-thirds of its workforce were in positions suitable for hybrid working, while some roles, such as traders and branch staff, will have to work from site, the person said. — Reuters
UBS Group AG will permanently allow as many as two-thirds of its employees to adopt a hybrid model of working from home and the office, according to a person familiar with the plans, in a bid to be more competitive in recruitment compared with many US banks that have taken a more hardline approach.
The lender’s move is being led by chief executive officer Ralph Hamers, the person said, asking not to be identified because the information isn’t public. The bank is also committed to offering staff the flexibility of a hybrid work arrangement based on roles and locations, the person said.
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