{"id":14687,"date":"2025-04-08T06:50:51","date_gmt":"2025-04-08T06:50:51","guid":{"rendered":"https:\/\/topat10.com\/?p=14687"},"modified":"2025-04-08T06:50:51","modified_gmt":"2025-04-08T06:50:51","slug":"remote-work-impedes-womens-careers-ceo-of-top-u-k-bank-claims-amid-industry-wide-rto-surge","status":"publish","type":"post","link":"https:\/\/topat10.com\/?p=14687","title":{"rendered":"Remote work impedes women\u2019s careers, CEO of top U.K. bank claims amid industry-wide RTO surge"},"content":{"rendered":"\n<p>Remote work might be hurting women more than we realize, by throwing a wrench in their career progression, said the chief of Nationwide, one of the U.K.\u2019s major banks and the world\u2019s largest building society.<\/p>\n<p>Debbie Crosbie, who has been CEO since June 2022 and dismantled Nationwide\u2019s \u201cwork anywhere policy\u201d in late 2023, thinks in-office presence is the key to career progression\u2014especially for women.&nbsp;<\/p>\n<p>\u201cWe find, certainly at Nationwide \u2026 that men are more likely to come into the office than women,\u201d Crosbie told BBC Radio 4\u2019s <em>Today<\/em> program <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c3e3y80vqp5o\">in December<\/a>. \u201cBeing seen and then seeing other leaders is a really important part of development.\u201d<\/p>\n<p>Crosbie\u2019s approach differs from that of her predecessor, Joe Garner, who strongly advocated for flexible work by rolling out a 100% work-from-anywhere policy. He <a href=\"https:\/\/www.ft.com\/content\/b4692568-0f60-4a32-9f86-fad222f319ff\">cited<\/a> productivity benefits and access to talent as reasons driving the move in 2021.&nbsp;<\/p>\n<p>But a year ago, Crosbie replaced that with a two-day minimum in office for full-time employees. In an op-ed <a href=\"https:\/\/www.independent.co.uk\/voices\/international-womens-day-debbie-crosbie-work-from-home-b2295714.html\">from March 2023<\/a>, she argued that remote and flexible work could limit the opportunities to cultivate future female leaders.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n<p>\u201cSeveral women in Nationwide speak with me now about how energised they feel once they are back in a routine with time in the office to focus uninterrupted on their role and career development,\u201d Crosbie said in the op-ed published by <em>The Independent<\/em>. \u201cIn my early career, being in, around, and amongst great leaders was essential.\u201d&nbsp;<\/p>\n<p>Some workplace experts have shared Crosbie\u2019s concerns, worrying that remote work could be mistaken for absenteeism. And as women, people of color, and those with disabilities are the ones more likely to opt for remote work, it inevitably could hurt <a href=\"https:\/\/www.cnbc.com\/2022\/01\/18\/experts-worry-remote-work-may-hurt-womens-career-advancement.html\">their careers<\/a> the most. In such situations, remote work could also impact female employees\u2019 self-confidence and morale, a <a href=\"https:\/\/www.durham.ac.uk\/business\/news-and-events\/news\/2024\/august\/women-face-greater-challenges-than-men-in-balancing-work-and-family-while-working-remotely\/#:~:text=On%20the%20one%20hand%2C%20working,they%20also%20have%20adequate%20support.\">Durham University paper<\/a> found.&nbsp;<\/p>\n<p>A remote work crackdown has spread to much of the financial industry through 2023 and 2024, requiring staff to come into offices more. Spanish bank Santander, for instance, boasted that \u201cflexibility is here to stay\u201d at one point, with its U.K. boss even claiming that in-office presence was not critical. But Santander has <a href=\"https:\/\/fortune.com\/europe\/2024\/09\/09\/santander-flexibility-rto-mandate-office-u-k\/\">since announced<\/a> a 12-days-a-month in-office policy.&nbsp;<\/p>\n<p>Depending on how strict the RTO mandate is, employees have tended to push back. Take the U.K.\u2019s Starling Bank, for example: The group ordered its staff back to the office for at least 10 days per month in November. But its offices didn\u2019t have enough room to accommodate employees, sparking a <a href=\"https:\/\/fortune.com\/europe\/2024\/11\/20\/starling-digital-bank-rto-mandate\/\">furious reaction<\/a> from them.&nbsp;<\/p>\n<p>The verdict on how effective remote work is and whether it\u2019s good in the long run is divided. Some companies have sworn by it, and for many women, flexible work options have unlocked opportunities that <a href=\"https:\/\/fortune.com\/2023\/11\/05\/hybrid-work-flexibility-return-to-work-women-career-returners-breaks\/\">didn\u2019t previously exist<\/a>. There are clear benefits to flexibility, which is why the U.K. has made it a <a href=\"https:\/\/fortune.com\/europe\/2024\/04\/10\/u-k-employees-right-to-request-flexible-remote-work-employers-new-measures\/\">right for workers<\/a> to request it from day one of their employment.&nbsp;<\/p>\n<p>Nationwide is a leader in the number of female employees it has in the U.K.\u2014about <a href=\"https:\/\/www.nationwide.co.uk\/about-us\/inclusion-and-diversity\/women-in-finance#:~:text=Women%20currently%20represent%2060.2%25%20of,roles%20to%2050%25%20by%202028.\">60%<\/a>, to be precise. That\u2019s higher than HSBC\u2019s <a href=\"https:\/\/www.hsbc.com\/who-we-are\/our-people\/inclusion-at-hsbc\/gender-and-ethnicity-data-by-market#:~:text=51%25%20of%20employees%20are%20women,GBM)%20within%20HSBC%20Bank%20plc.\">51%<\/a> and Barclays\u2019s <a href=\"https:\/\/home.barclays\/content\/dam\/home-barclays\/documents\/who-we-are\/our-strategy\/DandI\/Barclays-DEI-2023-Report.pdf\">45%<\/a>.\u00a0<\/p>\n<p>\u201cWe are committed to flexible working to help get the very best from our people and offer a range of solutions like part time hours or job sharing,\u201d a Nationwide spokesperson told <em>Fortune<\/em>.<\/p>\n<p>Crosbie argued that in-office work could be critical for Nationwide\u2019s female employees, and that companies are responsible for supporting them and accommodating their childcare responsibilities when needed.<\/p>\n<p>\u201cWe just need to be careful that we don\u2019t inadvertently prevent women from taking some of the opportunities by not being in the office when they feel it\u2019s beneficial both to their skills and to contribute to the business,\u201d Crosbie said.&nbsp;<\/p>\n<p><em>A version of this story was originally published on\u00a0<\/em><a href=\"https:\/\/fortune.com\/\"><em>Fortune.com<\/em><\/a><em>\u00a0on Jan. 2, 2025<\/em>.<\/p>\n<p>This story was originally featured on <a href=\"https:\/\/fortune.com\/europe\/article\/remote-work-womens-careers-u-k-bank-rto\/\" target=\"_blank\">Fortune.com<\/a><\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Remote work might be hurting women more than we realize, by throwing a wrench in their career progression, said the chief of Nationwide, one of the U.K.\u2019s major banks and the world\u2019s largest building society. Debbie Crosbie, who has been CEO since June 2022 and dismantled Nationwide\u2019s \u201cwork anywhere policy\u201d in late 2023, thinks in-office [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":14688,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[123],"tags":[],"class_list":["post-14687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Remote work impedes women\u2019s careers, CEO of top U.K. bank claims amid industry-wide RTO surge | Unlock Informed Choices with Us<\/title>\n<meta name=\"description\" content=\"\u201cBeing seen\u201d is critical to career development, Debbie Crosbie said, arguing that remote 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