Citi CEO Jane Fraser announces permanent work-from-home policy

Summary

The CEO of Citigroup, Jane Fraser, recently announced that the company will be implementing a hybrid work model post-pandemic, allowing employees to work from home for up to two days a week. This decision comes as a response to employee feedback and the success of remote work during the pandemic. Fraser believes that this flexible work model will help attract and retain top talent, as well as promote diversity and inclusion within the organization.

Key takeaways for HR leaders include the importance of listening to employee feedback and adapting to their needs. The pandemic has shown that remote work can be successful, and organizations should consider implementing hybrid work models to accommodate employee preferences and improve work-life balance. This flexibility can also help attract and retain top talent, as it allows employees to work from anywhere and eliminates geographical barriers. Additionally, offering remote work options can promote diversity and inclusion by providing opportunities for individuals who may face barriers to traditional office-based work.

HR leaders should also consider the potential challenges of hybrid work models, such as maintaining team collaboration and ensuring equal opportunities for career advancement. Effective communication and technology infrastructure will be crucial in ensuring successful remote collaboration. HR leaders should also develop policies and guidelines to ensure fair and equitable treatment of all employees, regardless of their work location.