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Remote Work Here to Stay: Financial Services Embrace Hybrid Models

Remote work is transforming financial services. Companies are investing in infrastructure and exploring hybrid models to optimize costs and meet new workforce expectations.

In this image we can see model of buildings. At the bottom of the image, some text is written.
In this image we can see model of buildings. At the bottom of the image, some text is written.

Remote Work Here to Stay: Financial Services Embrace Hybrid Models

The Covid-19 pandemic has sparked a significant shift in work culture, with many companies and public administrations embracing remote jobs. As the world adapts to the 'new normal', a majority of financial service providers plan to maintain or even expand their remote work share.

Over the past one and a half years, organizations have invested heavily in restructuring, with 63% providing infrastructure, suitable software, and training for work from home jobs. Many companies, especially in the Mittelstand, are now adopting hybrid models, blending remote and in-office work to optimize costs and improve employee satisfaction.

Initially, maintaining business operations from a distance was the primary goal. However, companies are now recognizing the potential of remote work even in production, thanks to digital technologies like augmented reality (AR).

Employers are taking note, with 84% focusing on integrating home office and remote work into their organizational restructuring. Consultant Martin Weisath recommends linking this reorganization with a realignment of business models and digitizing processes.

While only 46% of decision-makers expect the remote work share to permanently exceed 30%, many companies and public administrations are committed to maintaining the benefits gained during the pandemic. As they adapt to hybrid models, they aim to foster collaboration, meet new workforce expectations, and optimize operational costs.

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