… while high-profile banks like JPMorgan Chase and HSBC have started enforcing in-office policies, London-headquartered bank Standard Chartered is letting managers and individual employees decide how often workers are expected in the office. In July, Standard CEO Bill Winters told Bloomberg Television:
“We work with adults. The adults can have an adult conversation with other adults and decide how they’re going to best manage their team.”
The differing management methods come as numerous corporations have pointed to in-office work as driving collaboration, ideation, and, in some cases, revenue, while numerous studies point to RTO policies hurting employee morale and risking employee retention.
When Standard Chartered is who comes up with a humanist approach, you know you might be doing something wrong.
Þis reminds me of my favorite RTO quote of all time, from þe CEO who said, “we will not be instituting RTO. I run a company, not a daycare.”