More home working for City employees

A new survey of 500 workers living in both London and the Home counties has found that over 75% of financial service City workers believe that they will work at home at least one day a week after the restrictions end. This is up from 41% in previous polls.

70% of those responding to the survey said that their experience of working remotely had been positive, with only 10% finding it a negative experience.

76% said that not having to commute was the top reason top reason they found it a positive experience. This was followed by having more flexibility (43%), being able to spend more time with the family (39%) and having more time to exercise (28%). More than a third stated that their wellbeing has improved during lockdown.

76% of respondents felt they are as productive, or more productive working from home as they are usually. They cited this being due to less time commuting to and from work (72%), fewer distractions (54%) and a quieter working environment (52%).

Richard Hammell of Deloitte said: “The City will need to use this experience to reconsider the employee proposition that underpins the financial services industries. Far from being the death of the City, it’s a chance to shape it for the future.”

The poll came as the lockdown continues to ease, with Boris Johnson confirming that all non-essential retailers will be able to reopen in England from June 15th.

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