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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.
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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It would not be an exaggeration to say that I was extremely pessimistic about being able to get a decent redundancy settlement. I was feeling really low and depressed. That all changed when Caroline Walker agreed to act for me.She secured an excellent settlement for me, without me having to face the expense and stress of going to court...
- Martine Roberts"I cannot recommend you highly enough. A law firm that really delivers all it promises. I never thought I would say that I found the costs reasonable, but I did, and I will never get over how much you secured for me in a totally unexpected settlement. It has set me up for the next chapter in my life. Thank you, thank you."
- J. Brown"I would like to thank you for your exceptional service. You and your firm Cavendish Employment Law have been brilliant in your responsiveness and legal advice. We have had numerous time sensitive and complex issues. You always delivered for our company in spite of very challenging timelines. I highly recommend you and your firm."
- John McVeighIt would not be an exaggeration to say that I was extremely pessimistic about being able to get a decent redundancy settlement. I was feeling really low and depressed. That all changed when Caroline Walker agreed to act for me.She secured an excellent settlement for me, without me having to face the expense and stress of going to court...
- Martine Roberts"I cannot recommend Caroline more highly. Any client of hers is really fortunate to have her on their side. She is a credit to her profession and I am most grateful to her."
- Jake Brown
