25% of UK finance workers favour fully remote working post-pandemic

One in four UK employees surveyed at financial services firms (FSIs) would prefer to work entirely from home in the future, according to new research by Accenture.

The consultancy’s survey of over 1,400 UK financial services employees across banking, capital markets, and insurance found that 24 per cent of workers would prefer to work entirely from home once a full return to the office is possible.

Most respondents - 69 per cent - said that they would prefer to work just two days a week or less in the office.

Less than one in 10 - 8 per cent - would favour a return to 5 days a week in the office.

A flexible working schedule was the number one initiative workers wanted from their employers according to the research, with 69 per cent saying that this would help them adjust to working life post-pandemic.

However, most - 59 per cent - do not know if such initiatives will be offered in their workplace and only 35 per cent are aware of whether their employer will begin offering flexible working.

Overall, Accenture said the research shows a positive employer to employee relationship within the financial services industry.

Nine in ten - 87 per cent - feel that they have the support they need to balance work and other commitments, 25 per cent saying that support has increased since March 2020.

The research comes as many financial service institutions are disclosing their future remote working policies; Nationwide announced it is rolling out a ‘work anywhere’ approach in March, which will enable its 13,000 office-based employees to work from any location in the UK.

In April, Revolut announced it will allow employees to work from abroad for up to 60 days a year, in a move the FinTech challenger said marks the latest step in its agile working strategy.

    Share Story:

Recent Stories


The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.

The Rise of Instant Payments
Instant payments are creating new business opportunities for banks by providing more touchpoints than ever. With these evolutions underway, Featurespace brought leading industry experts together to discuss how they are protecting customers from fraudsters in real time, utilizing innovative and disruptive solutions to reduce fraud. Click here to find out more.

Offloading Cyber Risk in the Cloud
As cyber attacks and data breaches are in the news on an increasingly regular basis - with regulatory penalties and customer trust on the line for financial services firms - it has never been more crucial to be compliant in the cloud.

This video, with Akamai’s EMEA director of security technology and strategy Richard Meeus, will help explain what your company can be doing to make sure it’s not embroiled in the next big fine or front-page scandal.