Finance firms' return-to-office crackdown could backfire - study

  • 📰 Reuters
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Financial firms that enforce strict return-to-office mandates could drive employees to leave, according to a study published Tuesday by accounting firm Deloitte.

The Deloitte survey showed caregivers with remote or hybrid arrangements were 1.3 times more likely to leave their jobs if that flexibility was taken away.

It also warned that "the risk of losing talented women to a competitor or to another industry is real." Poll results showed almost half of women in senior leadership roles were likely to leave their current employer over the next 12 months.Thomson Reuters Lananh Nguyen is the U.S. finance editor at Reuters in New York, leading coverage of U.S. banks. She joined Reuters in 2022 after reporting on Wall Street at The New York Times. Lananh spent more than a decade at Bloomberg News in New York and London, where she wrote extensively about banking and financial markets, and she previously worked at Dow Jones Newswires/The Wall Street Journal. Lananh holds a B.A. in political science from Tufts University and an M.Sc.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day. Tesla's CFO, Zachary Kirkhorn, stepped down from his role on Friday. He was replaced by chief accounting officer Vaibhav Taneja and will stay on to help with the transition, according to an SEC filing. Shares of Tesla fell about 3% after the news, but recovered and closed a little less than 1% on the day.
Source: CNBC - 🏆 12. / 72 Read more »