London-based staff of BNP Paribas will be electronically tracked to ensure they meet the targets for the number of days they are required to be in the office.
The bank has issued a memo to its workers regarding this measure, which allows the bank to “more accurately track space needs on a team-by-team basis” while ensuring that employees meet attendance demands.
BNP Paribas has enforced the “smart working” policy, requiring its employees to be present in the office for at least 50% of their work schedule, varying based on function, with traders required to follow an in-office attendance policy.
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