UBS to Let Two-Thirds of Employees Adopt Permanent Hybrid Work

UBS is implementing a flexible work strategy to stand out among Wall Street banks. Unlike its US counterparts, UBS allows 2/3 of its workforce to work in a hybrid model, without mandating specific office days. This approach aims to attract talent seeking work-life balance post-pandemic. UBS's strategy contrasts with US banks like Goldman Sachs and JP Morgan, which require office returns. UBS aligns more with European banks like HSBC and Societe Generale, emphasizing flexibility and reduced office footprint.

What impact has the pandemic had on employees' expectations regarding work flexibility?

In what ways are other banks, such as Goldman Sachs and JP Morgan, responding to the return to office policies?