Sage Business Cloud People
Sage Business Cloud People

Wellbeing | Staff angered as employer cancels remote working

Staff angered as employer cancels remote working

Worldwide banking firm BNY Mellon has ordered all UK staff to stop working from home, in a move employees have described as causing stress and personal problems – Financial News reports.

Staff at the $33tn (£24.91tn) company were previously allowed to work from home several times a week. However, new rules state they must be at their desks unless they have a strong reason not to be, such as illness or a family emergency.

To continue reading FREE content

To continue reading
FREE content

For news and offers direct to your inbox and online, pop your details below.


* By registering you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products.

If you find yourself asked to register again, please make sure that your browser cookie is enabled.

We would like you to become part of HR Grapevine and join the most engaged online communities of HR Professionals in the UK. Thousands of HR Professionals just like you have already registered with HR Grapevine and we would like you to join in - its FREE!

However, an EU regulation coming our way means that to continue hearing from us, you will need to become a registered user. No matter the outcome of BREXIT, this regulation will apply to us while we remain in the UK and perhaps beyond.

Access across the HR Grapevine site will continue to be free of charge once you register.

Every reader we retain, is very important to us, and we would appreciate you taking the time to Register with us now.

Comments (4)

  • T. N. Biscuits
    T. N. Biscuits
    Thu, 7 Mar 2019 2:14am GMT
    1. Employees in far-flung locations were hired with the agreement they could telecommute, and are now being told if they can't come in to the office, they are voluntarily resigning with no severance package.

    2. The bank is having a wholesale sacking of employees, with many receiving falsified below expectations performance ratings absent any measurable metrics, which are then being used to lay them off.

    It's widely suspected internally that forcing telecommuters out is a way to reduce headcount without having to pay severance.
  • Gloria Mundi
    Gloria Mundi
    Wed, 6 Mar 2019 6:18pm GMT
    In response to the comment from Sir, it is highly unlikely that BNY Mellon would be moving his money or carrying out any other transaction on his behalf as it’s not a retail bank and most of the employees this will affect are not operational or front office client facing staff actually moving cash or carrying out the clients’ transactions. Every other financial institution in the City, including retail banks does allow flexible working.
  • Sir
    Mon, 4 Mar 2019 1:21pm GMT
    I quite like the idea of someone dealing with financial transactions and other peoples money (possibly mine), doing so from a controlled environment and not from their kitchen table with the neighbour popping in for a cup of tea and the plumber coming round to fix the shower.
    Isn't there a security angle to all this ?
  • John
    Mon, 4 Mar 2019 12:43pm GMT
    Often arbitrarily rescinding remote working flexibility results in huge knock on effects and seldom preceded by proper ROI OF RETURN ON EMPLOYEE EXPERIENCE type exercise. London & UK commute times horrendous and very costly. Employees have huge opportunities to explore alternatives as loads of jobs, so wont despair.