Looking after other people’s money is about to become a lot more comfortable for employees of Schroders, one of Britain’s best-known asset management companies. The wealth manager has told its 5,000 staff worldwide that they no longer need to come to the office to work for a certain number of days each week.
In a revolutionary move for a prominent City of London institution, Schroders has declared “a new approach to flexible working”, allowing staff to work from anywhere they choose as long as they work the days and hours set out in their contract. Before the coronavirus pandemic struck, employees were expected to come to the office at least four days of the week.
An internal memo informed staff there would be “no mandated
