Most finance firms offer work location flexibility, but a report from Scoop suggests that over time, the fintech subsector will use flexibility as a wedge against the fully onsite big banks for recruiting workers.
Flexibility is the second most important criterion for job seekers after compensation, and its impact reaches far beyond individuals' work choices, according to Rob Sadow, CEO, Scoop.
Its Flex Index finds that nearly 80 percent of fintech companies are fully flexible. And while Jamie Dimon caused a stir with his full-time in-office mandate for JPMorgan Chase, only 20 percent of financial services companies are fully on site. Most use hybrid schedules.
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