Bank of Montreal Starts Bringing Workers Back

The transcript discusses the Bank of Montreal's (BMO) initiative to bring some of its staff back to the office in a hybrid work model, making it the first Canadian bank to do so. This move is seen as a test case for other major Canadian banks, which have not yet set firm plans for returning to work. BMO's plan involves a hybrid work environment, with employees working two to three days a week in the office. The transcript also highlights the uncertainty regarding the number of employees returning and the specific teams involved.

What is the Bank of Montreal's approach to returning employees to the office?

• Hybrid work model

• Full-time office work

• Flexible hours without office attendance

• Remote work only

What is the current policy for unvaccinated employees at the Bank of Montreal?

• They must work in the office full-time

• They can work only on weekends

• They are required to get vaccinated

• They are allowed to work from home

What is the significance of the Bank of Montreal's return to work for Toronto's downtown core?

• It results in higher office rents

• It marks the end of remote work

• It is a key step in revitalizing the area

• It leads to increased traffic congestion

What information is still unclear about the Bank of Montreal's return to work plan?

• The salary adjustments for returning employees

• The new office dress code

• The location of the new office

• The exact number of employees returning

How are other major Canadian banks responding to the Bank of Montreal's return to work policy?

• They have set their own firm plans

• They have decided to remain fully remote

• They have not yet set firm plans

• They have all followed suit