Sick of working from home? Looks like you’re going to have to wait…
Canadian Imperial Bank of Commerce and Bank of Montreal have announced that they are postponing their employees’ return to their offices from April to June at the earliest, thanks to the rate of COVID-19 infections.
As reported by Reuters, a CIBC internal memo earlier this week revealed that “majority” of the bank’s employees who are currently operating off-site – which comprise approximately 70% of its workforce – will remain in their remote working set-ups “until at least the end of June.”
Sandy Sharman, CIBC’s senior executive vice-president and group head of people, culture and brand, also said in the memo that the bank’s employees will have at least four weeks of elbow room before they will be asked to return to the office.
Jeff Roman, BMO spokesperson, said in an emailed statement that the bank is “no longer working towards an April timeframe for returning to the office.”
“[We also] don’t foresee any broad-based changes for employees currently working remotely before the end of the school year, unless a specific business need exists,” Roman said.
Both lenders offered assurances that their employees can take paid time-off to get inoculated.
Less than 3% of the Canadian population has received COVID-19 vaccines so far.
