Deutsche Bank is reportedly considering a permanent 2-day work-from-home policy, weeks after its research arm said people choosing to work remotely should be taxed 5%



a group of people standing in front of a building: FRANKFURT, GERMANY - MAY 18: Shareholders walk past a huge Deutsche Bank logo during the banks annual shareholders meeting on May 18, 2005 in Frankfurt, Germany. (Photo by Ralph Orlowski/Getty Images) Ralph Orlowski/Getty Images


© Ralph Orlowski/Getty Images
FRANKFURT, GERMANY – MAY 18: Shareholders walk past a huge Deutsche Bank logo during the banks annual shareholders meeting on May 18, 2005 in Frankfurt, Germany. (Photo by Ralph Orlowski/Getty Images) Ralph Orlowski/Getty Images

  • Deutsche Bank is considering letting staff permanently work two days a week from home, people familiar with the matter told Bloomberg.
  • The policy won’t apply to all employees at Deutsche Bank, which has offices all around the world, and regulatory concerns still need to be addressed, they said.
  • A Deutsche Bank spokesperson told Business Insider: “We are working on a hybrid model that will combine working from home as well as in the office. No decision has been made yet.”
  • Earlier in November, Deutsche Bank researchers called for a 5% tax on people choosing to work from home, arguing that remote work saved employees money.
  • Visit Business Insider’s homepage for more stories.
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BMO, CIBC Extend Work From Home to April as Canada Cases Surge

(Bloomberg) — Bank of Montreal and Canadian Imperial Bank of Commerce are extending work-from-home plans for some employees by at least four months as coronavirus cases surge across the country.



a person standing in front of a building: Signage is displayed outside the Canadian Imperial Bank of Commerce (CIBC) in the financial district of Toronto, Ontario, Canada, on Friday, Feb. 14, 2020. Canadian stocks declined with global markets, as authorities struggled to keep the coronavirus from spreading more widely outside China. However, investors flocking to safe havens such as gold offset the sell-off in Canada's stock market.


© Bloomberg
Signage is displayed outside the Canadian Imperial Bank of Commerce (CIBC) in the financial district of Toronto, Ontario, Canada, on Friday, Feb. 14, 2020. Canadian stocks declined with global markets, as authorities struggled to keep the coronavirus from spreading more widely outside China. However, investors flocking to safe havens such as gold offset the sell-off in Canada’s stock market.

The majority of CIBC employees who are already working off-site will continue to do so until at least April, Sandy Sharman, head of the bank’s people, culture and brand team, said in a memo to staff Wednesday. The bank had originally advised the employees they’d be working from home until at least the end of the year.

BMO doesn’t

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Square Enix Expects 80% Of Employees To Work From Home Permanently

Square Enix, the Japanese video game giant behind the Final Fantasy and Tomb Raider games, has announced that it’s making working from home permanent for the vast majority of its employees.

The new policy, which will establish remote working as a “permanent and core program”, comes into force on December 1. Square Enix says it will designate each employee as either “home based” (working an average of at least three days per week from home) or “office based” (working an average of at least three

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D2 office by wagner forms flexible work furniture that simply clicks together

with D2 office, WAGNER has created a system that brings together design and flexibility at the highest level – or rather, ‘clicks’ together.

D2 office by wagner forms flexible work furniture that simply clicks together
the parametric D2 office system promises a bright future for office planning, as here at bureau borsche in munich, the system’s precedent project location

 

 

moritz wagner, the founder of the swabian chair manufacturer, was an early advocate of the principle that utility must always come before design. the D2 office by wagner applies this corporate philosophy in the form of a constantly changing space and a parametric system.

D2 office by wagner forms flexible work furniture that simply clicks together
the basis: the shelving system is complemented by aluminium tables and stefan diez’ innovative D1 office chair. the lighting system consists of continuous rows of LEDs and is designed like a gallery

 

 

accordingly, the firm worked with various architects and product developers to create shelves, tables and dividing walls that share a common connecting element with which every room

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COVID-positive staff allowed to work at veterans home where 27 died: Officials

Staff working while COVID-19 positive, ineffective hand sanitizer and poor PPE practices were some of the concerns raised during the investigation of an outbreak at an Illinois veterans home that has killed 27 residents.



a sign in front of a building: The state is investigating after 27 residents of the Illinois Veterans' Home in LaSalle died of COVID-19.


© WLS
The state is investigating after 27 residents of the Illinois Veterans’ Home in LaSalle died of COVID-19.

The Illinois Department of Veterans’ Affairs said Tuesday it has ordered an independent investigation of the circumstances surrounding the outbreak at the Illinois Veterans Home at LaSalle, which has infected 105 residents and 95 employees so far.

The announcement follows two reports and a hearing Tuesday by the Illinois state Senate’s Veterans Affairs Committee, during which the issues came to light.

The outbreak was initially discovered after a resident undergoing a hospital procedure on Nov. 1 was found to be COVID-19 positive, one of the reports said. By around Nov. 3, surveillance testing results identified two

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Work from home until April if possible, PM tells England’s workers

The government has told all workers in England they should work from home, if possible, until April 2021 as part of a move to a stricter tier system that is likely to be a further blow to businesses reliant on commuters in city centres.



a view of a city: Photograph: Oli Scarff/AFP/Getty Images


© Provided by The Guardian
Photograph: Oli Scarff/AFP/Getty Images

Boris Johnson on Monday confirmed that under every tier of new restrictions, workers in England who can work from home should continue to do so. The rules under the new three-tier system will last until at least the end of March if voted through by parliament.

The government’s 64-page Covid-19 winter plan suggested working from home was one of the three key areas highlighted by the Scientific Advisory Group for Emergencies (Sage). The other policies apparently suggested by Sage included closing pubs that do not serve food in tier 2 areas and closing all hospitality venues in

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Abilene contractors see more home remodeling work during pandemic

Quarantined Abilenians have realized that home could be sweeter with some updates.



a man riding a skateboard up the side of a building: Gus Flores measures a length of tin before cutting it for a skirt for the portable building behind him owned by Melina Sterry (left) Friday Nov. 13, 2020. Flores works for The Honey Do Service, a general contractor.


© Ronald W. Erdrich/Reporter-News
Gus Flores measures a length of tin before cutting it for a skirt for the portable building behind him owned by Melina Sterry (left) Friday Nov. 13, 2020. Flores works for The Honey Do Service, a general contractor.

Jason Ramirez, owner of The Honey do Service of Abilene Inc., has hired more staff in recent months to meet the demand.

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“We’ve added more craftsmen. We’ve added another salesman,” Ramirez said. “We now have booked a month and a half out worth of work for my craftsmen.”

The current situation is much rosier than expected after the pandemic hit the Abilene area in mid-March with stay-at-home orders and school closures.

“At the beginning, it was scary,” said Ramirez, who has owned the franchise for five years.

“I was lucky…,” he added. “I had

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ViacomCBS’ Post-COVID Work Life: 70% of Staff to Use Hybrid Model

ViacomCBS is looking ahead to a post-coronavirus world, one in which approximately 70% of its more-than-20,000 employees will work at least partly from home, according to an internal memo from CEO Bob Bakish that Variety has obtained exclusively.

The move toward a hybrid work model allows staffers more flexibility, but it also has financial advantages. Following the merger between Viacom and CBS, the combined company is looking to reach an ultimate goal of $750 million in annualized run-rate synergies over the next three years.

A part-remote work environment will help “to reduce our real estate footprint and keep our costs controlled so we can continue to deliver on our strategic priorities and achieve our business goals,” per the email that went out to staff Thursday. ViacomCBS has been public about its desire to offload certain commercial properties, and is still exploring a sale of its Black Rock building, which serves

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HSBC lets Hong Kong work 4 days a week from home: Report

  • HSBC staff in Hong Kong can choose to work up to four days a week from home, per an internal staff memo seen by Bloomberg.
  • The banking giant has given staff three options: working primarily from home, primarily in the office, or full-time in the office, per Bloomberg.
  • HSBC is based in London, but has around 30,000 staff in Hong Kong, where it generates more than half of its profits.
  • In February, HSBC announced plans to cut $4.5 billion in costs by 2022.
  • Visit Business Insider’s homepage for more stories.

Banking giant HSBC has told its 30,000 staff in Hong Kong that they can now work up to four days a week from home, according to an internal staff memo.

The banking giant told staff they had three options, per Bloomberg. 

“Flexible home workers” would work primarily remotely, spending up to four days a week at home.

“Flexible office workers,”

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HSBC Lets Hong Kong Staff Work Up to Four Days a Week From Home

(Bloomberg) — HSBC Holdings Plc is offering its Hong Kong staff greater flexibility to work from home, in the latest sign the pandemic is transforming the role of the office in business life.



a tall building in a city: The HSBC Holdings Plc headquarters building, center, stands illuminated at dusk in Hong Kong, China, on Monday, April 27, 2020. HSBC is scheduled to release first-quarter earnings results on April 28.


© Bloomberg
The HSBC Holdings Plc headquarters building, center, stands illuminated at dusk in Hong Kong, China, on Monday, April 27, 2020. HSBC is scheduled to release first-quarter earnings results on April 28.

The London-based lender, which counts Hong Kong as its biggest market, is now allowing eligible staff to work as many as four days a week from home, according to an internal memo and guidelines seen by Bloomberg. An HSBC spokeswoman confirmed the plan, which offers varying degrees of flexibility for employees.

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“We’re constantly looking to develop overall flexibility in how we work,” the memo sent to staff on Nov. 4 said. “In recent employee exchanges and surveys, some of you have expressed

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