The Royal Bank of Canada (RBC) has announced a shift in its hybrid work policy, requiring employees to work in the office three to four days a week starting May 1. This move marks a change from previous arrangements, where most employees worked in-person two to three days per week.
In a memo to staff, RBC emphasized the importance of in-person collaboration, stating that employees in hybrid roles will now spend the majority of their time in the office. The bank's leadership will finalize plans and provide updates to individual teams.
RBC joins a growing list of major employers adjusting their remote work policies. Other financial institutions, such as the National Bank of Canada and Canadian Imperial Bank of Commerce, have also encouraged employees to return to the office for a significant portion of the workweek.
The shift reflects RBC’s commitment to fostering direct human connection, which CEO Dave McKay has previously described as essential to the bank’s culture and success. While hybrid work remains part of RBC’s strategy, the bank aims to strike a balance between flexibility and in-person collaboration.
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