Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Only 13% of NatWest staff to return to office full-time

06/01/2021 | 06:54am EDT
FILE PHOTO: Signage on a branch of NatWest Bank in central London

LONDON (Reuters) -Britain's NatWest expects only about 13% of its staff to return to primarily office-based working, the lender said on Tuesday as it revealed a three-pronged approach to post-pandemic working habits.

A NatWest spokeswoman told Reuters that 55% of staff will adopt a hybrid working model, mixing home and office working, while 32% will adopt a 'remote-first' model with a minimum of two days a month in the office and the remainder sticking with the 'office-first' model.

"For some of you, it will be clear which category your role fits within. For others, it may be less clear - and may depend on other factors," Chief Executive Alison Rose had told staff in a speech subsequently posted on the bank's website on Tuesday.

The changes will take place after consultation with employees' managers and in a phased manner, Rose said.

The update from NatWest offers one of the clearest signs yet from a major British bank of how employees' working lives will change as many of the home-working arrangements required during the pandemic are adopted permanently.

Despite the shift to more remote working NatWest has no immediate plans to close more offices, the spokeswoman said, in contrast with some British banks.

HSBC aims to cut its office footprint by 40% over the long term, the bank said in February, and is moving about 1,200 call centre staff in Britain to permanent home working, Reuters reported in April.

NatWest has so far only closed its Regents House office in London and is keeping its real estate under review, the spokeswoman said.

The bank has spent the past year converting its offices to suit the new working patterns, with more space for collaboration and drop-in workers, she added.

(Reporting by Lawrence WhiteEditing by Jan Harvey and David Goodman)

By Lawrence White


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
HSBC HOLDINGS PLC -0.72% 397.45 Delayed Quote.4.91%
NATWEST GROUP PLC -1.22% 202.4 Delayed Quote.20.73%
Latest news "Economy & Forex"
05:14pBlackstone and Hudson Pacific plan $1 billion film studios in UK
RE
05:10pCovid-19 vaccine booster shots for 32 million to begin next month in uk - the telegraph
RE
02:55pZoom reaches $85 million settlement over user privacy, 'Zoombombing'
RE
02:43pU.S., Britain believe Iran attacked Israeli-managed tanker off Oman
RE
02:03pU.s. cdc says 164,757,423 individuals have been fully vaccinated against covid-19 as of aug 1 versus 164,446,964 individuals as of july 31
RE
02:03pU.S. CDC Says Administered 346,456,669 Doses Of COVID-19 Vaccine As Of Aug 1 Versus 345,640,466 Doses Administered As Of July 31
RE
02:02pU.s. cdc says 191,498,983 individuals have received at least one dose of covid-19 vaccine as of aug 1 versus 190,982,149 individuals as of july 31
RE
02:01pU.s. cdc says administered 346,456,669 doses of covid-19 vaccine as of aug 1 versus 345,640,466 doses administered as of july 31
RE
12:23pBOX OFFICE : 'Jungle Cruise' Docks With $34 Million in Theaters, $30 Million on Disney Plus
RE
12:06pAllianz cooperating as DOJ probes Structured Alpha Funds
RE
Latest news "Economy & Forex"