HSBC UK links office attendance with bonusesWhat can gets you BANNED on Twitch? Lloyds Banking Group, JP Morgan Chase and others roll back remote work policiesHSBC UK has reportedly informed its retail banking staff that their annual bonuses could be reduced if they failed to meet in-office requirements, making it one of the latest major banks to tighten remote work policies. The move follows similar actions by Lloyds Banking Group, which earlier tied senior executives’ bonuses to office attendance. It comes amid a broader shift among banks and corporate employers away from pandemic-era remote work flexibility.Globally, investment banks such as JPMorgan Chase, Barclays, and Citigroup have all rolled back remote working arrangements in recent months. JPMorgan CEO Jamie Dimon recently criticized remote work during a company town hall, while Citigroup shuttered its Málaga outpost known for offering junior bankers a better work-life balance.Other UK firms, including Big Four accounting giants PwC and EY, have also begun more closely tracking in-office presence.
