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How StanChart wants to go way beyond WFH for 85,000 staff in nine countries

From early next year, it will offer those employees the option of heading to a "near home" location

Standard Chartered
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Standard Chartered

Marcus Ashworth and Elisa Martinuzzi | Bloomberg Opinion New York
Standard Chartered Plc is straining every sinew to get ahead of the changes the pandemic might make to people’s work-life balance. Perhaps it’s trying to take things a little too far.

The emerging markets bank says it will “push the boundaries” for half of its 85,000 staff, who work in nine of the 55 countries where it operates. From early next year, it will offer those employees the option of heading to a “near home” location, which it will rent from an office-sharing company. Workers will also have the permanent choice of working from home more.

Chief Executive Officer Bill Winters plans