hybrid work
83% of StanChart SG employees are in hybrid work arrangements
83% of StanChart SG employees are in hybrid work arrangements
The bank covered $5.09m in costs in April 2021 to help employees set up home offices.
Why the hybrid work model is here to stay for banks
Banks stand to lose on cost savings and even on attracting talent if they stubbornly push for the return of pre-pandemic work set-up.
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BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.