The Royal Bank of Canada (RBC) is requiring employees to return to the office four days a week starting this fall, setting the tone for other major Canadian employers post-pandemic.
Currently, employees are expected in the office at least three days a week, which will continue through the summer before the four-day minimum becomes mandatory in the autumn.
RBC emphasizes the importance of in-person work culture for productivity and competitiveness, citing concerns about declining innovation and collaboration with remote work.
The decision by RBC follows a global trend with US banks like JPMorgan Chase reinstating full five-day in-office requirements, and this shift could influence other organizations' return-to-office strategies in Canada.