BNP Paribas reportedly has plans to monitor the amount of time London-based employees work from the office to make sure they meet targets.
According to a report by Reuters, the French bank will track entry-gate swipes against logins to the bank’s computer network.
In a memo seen by the newswire, staff were told that the measures would enable the bank to "more accurately track space needs on a team-by-team basis" and ensure "working requirements and fairness across teams.”
The memo added that the policy was “not a question of trust” but would allow BNP Paribas to identify and support workers who were struggling to meet expectations for working in the office.
A spokesperson for BNP Paribas confirmed content of the memo to Reuters.
FStech has reached out to BNP Paribas for comment.
Earlier this year, Lloyds Banking Group told employees that they will need to spend a minimum of two days per week, or 40 per cent more of their working time, in the office. The bank will reportedly use card swipe data to monitor staff attendance.
In June HSBC said it was going to swap its London offices in Canary Wharf for much smaller ones in central London after an increase in hybrid working.
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