According to a KPMG UK survey of 150 leaders in the financial sector, the majority of UK bosses would like their workers to spend more office time over the coming year. Nearly half of them are looking at swipe systems to track employees.
One-third of leaders expect their employees to work at least four days per week. Just under a third said they would install cameras to monitor attendance.
45% of leaders responding to a survey exclusively shared with Reuters approved of the use of swipe systems.
In KPMG’s annual outlook study in 2023, business leaders predicted that workers would return five days a weeks to the office within three years. These results, along with the more recent survey, indicate that progress is slow towards this goal.
Most leaders (58%) admit that flexible working can help make their company more competitive, despite the often-cited concerns about collaboration among workers, especially junior staff. Some bosses were concerned about the regulatory and risks posed by hybrid work.
Karim Haji is the global and UK head for financial services at KPMG.
Leaders recognize the value of hybrid models in retaining and attracting talent. However, they still expect more office attendance to maintain collaboration with clients and colleagues.
In September, Amazon announced that it would be ending its hybrid work policy. This is the latest in a long line of high-profile businesses such as Boots, Disney and Nationwide who have mandated people return to the office full-time. Amazon announced in September that it was terminating its hybrid work policy. This made it the latest high-profile business to mandate that people return to their offices full-time.
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