Wealth management multinational BlackRock announced that as of November 1, more than half of its workforce will be on duty at least three days a week. The new guideline applies to locations in the United States, Europe, the Middle East, and Africa.
The company plans to fully vaccinate its employees in the United States before allowing them into its offices. In addition, COVID tests are performed weekly. The change will be made for selected locations that meet certain predefined criteria. Split operations are not required at these locations. However, masks on the tables will be mandatory.
The announcement is part of BlackRock’s “Future of Work” pilot program, which will allow management to gauge how well staff in the US and Europe are collaborating while working from home just twice a week. Under the plan, the company designated offices as the primary workplace for its employees. The flexibility of the remote control depends on the employees’ role.
Rob Goldstein, COO, and Manish Mehta, Head of HR at BlackRock, said in the memo that remote control days will allow employees to increase their productivity and create a personal space to unleash their creativity. He also said that some of the company’s operations may require employees to fill their positions more often. BlackRock had previously announced that its employees would return to work in early October but had to postpone it due to the growing threat of the Delta variant’s spread.