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EY Mandates 3 Days Office For US Tax Staff
1 Apr
Summary
- EY's US tax business requires staff in office 12 days a month starting July.
- This policy is a shift from the firm's previous encouragement of hybrid work.
- Other finance firms like Societe Generale and HSBC are also enforcing return-to-office policies.
EY's US tax business is implementing a stricter hybrid work policy, mandating that staff work from the office or a client site for 12 days each month, effective July 1. This move signifies a departure from the company's prior policy, which encouraged but did not mandate employees to be present two to three days weekly.
The firm highlights that face-to-face interaction is crucial for fostering teamwork, providing apprenticeship opportunities, and accelerating learning. EY believes intentional time spent together drives innovation while its hybrid model still offers flexibility.
This policy adjustment by EY aligns with a broader trend in the finance and professional services sector, where numerous companies are rolling back extensive work-from-home arrangements established during the COVID-19 pandemic. Firms like Societe Generale and HSBC have also been enforcing increased in-office attendance for their employees.
