
A leading British bank has escalated its push for in-office work, warning employees that their bonuses could be impacted if they don't meet minimum office attendance requirements.
Lloyds Banking Group is set to cut bonuses for senior staff who fail to comply with the new office attendance policy, requiring them to work in the office at least twice a week. Lloyds Banking Group will factor office attendance into the bonus calculations for roughly 20% of its workforce, impacting approximately 12,000 employees.