Popular investment banking company Goldman Sachs recently told employees that they would allow workers to return to the office but in shifts.
It would be a similar rotational approach to what JPMorgan Chase announced last month for its employees.
As per CNBC reports, yesterday a memo was sent from Goldman CEO David Solomon alerting its workforce that it was preparing for more employees to return to its offices around the world.
“Over the coming days and weeks, colleagues in those offices will hear from their divisional, business and/or local leadership about what to expect for the months ahead, including team rotations in the office where possible, with the goal of giving everyone who can do so an opportunity to come in to their office,” Solomon said.
“Importantly, this rotational approach will not look the same for everyone, as we each navigate unique personal responsibilities – for example, planning around adjusted school schedules, managing personal and family health conditions, and not being comfortable commuting to the office during peak hours, among many other considerations,” Solomon added.
Meanwhile, as per a person with knowledge of the bank’s deliberations, at Goldman, each business will have its own approach while some may not need to use worker rotations.
Also, the method for teams where more workers want to return, making it harder to keep people socially distanced at the office without shifts will be used, the person claimed.
However, since March Wall Street’s traders and bankers have been working from home due to the pandemic. But with cases under control in New York and London, banks are now planning as to how to get more of their staff safely back to the office.