Standard Chartered has three-quarters of staff on hybrid working

Almost three-quarters of Standard Chartered Bank employees in some of its key markets are now using the group’s new hybrid-working model. In its annual report, published today, the bank said it had introduced a hybrid-working approach “combining virtual and office-based working with greater flexibility in working patterns and locations” in 28 of its global markets, with 73% of employees in those markets now using it. “This is a significant step towards being more inclusive of the diverse needs of our workforce and supporting their wellbeing by consciously balancing individual choice and flexibility with business and client needs,” the bank said. But it added that the events of the Covid-19 pandemic had also underlined the drawbacks of a lack of personal interaction for some members of its teams. “While we continue to roll out the model in other markets, enforced absence from offices during the pandemic has also highlighted the benefit of face-to-face interaction and we continue to value our physical workspaces as hubs of teamwork, collaboration and learning. “Toolkits and guidance have been provided to colleagues and leaders to help navigate hybrid ways of working, especially at key moments, such as onboarding new team members, returning from parental leave and during performance conversations, as well as to help recreate ‘water cooler’ moments in hybrid work environments.” To send feedback, e-mail tim.burke@eg.co.uk or tweet @_tim_burke or @EGPropertyNews