Finance Firms' Return-to-Office Crackdown Could Backfire
Financial firms that enforce strict return-to-office mandates could drive employees to leave, according to a study from accounting firm Deloitte. Of 700 financial executives surveyed by Deloitte, two-thirds who worked remotely part time said they would likely quit if they were ordered to return to the office five days a week. The survey showed caregivers with remote or hybrid arrangements were 1.3 times more likely to leave their jobs if that flexibility was taken away. Deloitte also warned that "the risk of losing talented women to a competitor or to another industry is real." Poll results showed almost half of women in senior leadership roles were likely to leave their current employer over the next 12 months.
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