Scotiabank is changing its return-to-office policy to require some employees to work in-person four days a week.
In communications with staff last week, the bank said the new mandate will apply starting in September.
“We know having our teams working together in-person has many benefits — greater collaboration, higher engagement, more career development opportunities, and a stronger culture and sense of belonging — and we are already seeing the positive impact this is having across the bank as we focus on executing on our strategy,” Scotiabank spokesperson Katie Raskina wrote in a statement.
“We will continue to build on this impact as we bring our teams on-site more often, with the goal of reaching four days on-site across the bank over time.”
Canada’s Big Six banks, which have the largest presence in Toronto’s financial district among other industries, have been leading the pack in the return-to-office movement. Since the COVID-19 pandemic, they started asking employees to work from the office as early as February 2022, ahead of most companies.
Last month, it was reported that RBC has also asked its staff to work from the office four days a week, starting in September.
This is a developing story …
