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Is the five-day office week returning for fund workers?

The current working climate has seen many calls from large organisations to abandon hybrid working and return to the office. The financial world is no exception to this, with JPMorgan Asset Management calling managing directors to come in the office five days a week, with them stating “we need them to lead by example”.

Caroline Walker, managing director at Cavendish Employment Law Limited, recently contributed towards an article in the Financial Times discussing whether or not this could be a sign of things to come for fund workers. 

Caroline says it is "clear" that a number of fund firms are asking employees to come back to the office five days a week.

Later adding that some employers are "overtly requiring a presence in the office, either in their terms of employment being offered or in the form of revised company policies".

A number of asset managers also appear to be "rolling back on a policy to implement hybrid/remote or flexible working, but this may be a temporary sign of the nervousness in the market and in the light of the recent redundancies", adds Ms Walker.

Read the full article to hear more about whether a return to office life is imminent for fund workers.

At Cavendish Employment Law Limited, we are specialists in employment law and have won many high-value claims for senior employees and executives. Get in contact with us today for immediate expert advice. 

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