1 month, 3 weeks ago

ECB Extends Rule Allowing Remote Work for About Half the Time

-- The European Central Bank extended a regime under which staff is allowed to work remotely for 110 days — about half the time — each year. The decision prolongs current rules that permit as many as 10 monthly days away from the office until 2027, when a new review is planned, an ECB spokesperson said. “The possibility to work for home matters a lot to ECB staff as it helps make work obligations more easily compatible with their private constraints,” he said in an email. Citigroup Inc., HSBC Holdings Plc and Barclays Plc last year ordered more employees back to the office full time and JPMorgan Chase & Co. is preparing to announce a similar move, Bloomberg reported last month.

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