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Home News Business

Bank Of America Will Introduce More “Formality” To Its Flexible Work Policies

"We have 210,000 people and there’s literally 210,000 different views of what people want,” said Brian Moynihan, CEO of Bank of America.

Aayat AlibyAayat Ali
September 7, 2022
in Business
Reading Time: 1 min read
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Bank Of America Will Introduce More "Formality” To Its Flexible Work Policies

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Bank of America CEO Brian Moynihan says the company will detail its flexible work expectations in the next several weeks.

According to Moynihan, the firm will “have more flexibility than we did, on paper, before,” but that there will be increased “formality to the flexibility.” 

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By outlining specific guidance to the company’s flexible work arrangements, Moynihan says it will create more equitable policies for all employees. 

“We have 210,000 people and there’s literally 210,000 different views of what people want,” said Moynihan.   

As opposed to many other financial firms across the world, Bank of America appears to be taking a more lenient approach in its in-office arrangements. Although details of the bank’s new strategy are yet to be seen, other organizations such as Goldman Sachs have already let their longing for in-person work be known. 

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Source: Reuters
Tags: Business
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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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