Nationwide’s 13,000 office-based employees are to be allowed to do business from home or anyplace they like within the UK.
Joe Garner, chief govt, stated that “the working from residence taboo has been eliminated” through the pandemic and his workers needs to be “accountable for the place they work from”.
Nationwide, based 175 years in the past, has about 18,000 employees. The Swindon-based mutual has 16 million members and is without doubt one of the three largest mortgage suppliers within the UK.
The change in coverage means Nationwide will reduce its workplace house. It would quit leases on three places of work in Swindon however retain its headquarters at Nationwide Home and its new know-how hub within the metropolis. It would additionally preserve its massive administration centres in Northampton, Bournemouth and London.
Nationwide stated that it might create extra collaboration areas in its places of work, reduce the variety of assembly rooms and spend money on options equivalent to quiet areas and strolling and biking routes.
Garner stated Covid had “pushed companies to do one thing that they have been maybe too reluctant to do earlier than: to embrace totally different and extra versatile methods of working, to belief their individuals and depend on them to make good, and possibly higher, selections independently”.
He added: “The final yr has taught us that how we do our jobs is way more necessary than the place we do them from. Our knowledge means that working in a house setting encourages us to suppose extra in regards to the influence on others when making selections.”
Solely 6 per cent of Nationwide employees wished to work within the workplace 5 days per week. Fifty seven per cent wished to do business from home full-time and 36 per cent wished to combine workplace and residential work.
Greater than 15 million Britons have been pressured to do business from home final yr via lockdowns and lesser social restrictions, figures from the Workplace for Nationwide Statistics present.
Rightmove, the property web site, has instructed employees they’ll work three days within the workplace moderately than 5, and might be home-based the remainder of the week. Those that need to go into the places of work in London and Milton Keynes greater than three days per week will likely be in a position to take action.