Bank of America Tightens Remote Work Policy: No Consecutive Remote Days Starting September
Bank of America will bar employees from working remotely on consecutive days, including Friday-to-Monday, starting mid-September. The change, communicated via letter last week, does not increase the required in-office days beyond three per week for eligible staff. Client-facing employees already work five days on-site. The bank cites collaboration and real estate efficiency as reasons, while industry peers like Truist and JPMorgan Chase have already mandated five-day office attendance.
Bank of America is tightening its remote work policy, prohibiting employees from scheduling remote work on two consecutive days, including the Friday-to-Monday stretch that previously allowed for an extended period away from the office. The new restriction takes effect in mid-September, according to a company spokesperson.
Employees were informed of the change via a letter sent last week, the spokesperson confirmed. The move is part of the bank's ongoing return-to-office strategy, which has evolved since the COVID-19 pandemic. However, the bank is not increasing the required in-office presence for eligible employees, which remains at three days per week—a standard that has been in place since 2022.
“We’ll have more flexibility than we did, on paper, before,” CEO Brian Moynihan said ahead of the 2022 policy change. But, he added, “we’ll have more formality to the flexibility.”
Client-facing employees are unaffected by the September shift, as they are already required to work in the office five days a week.
The bank is spreading out remote days to support in-person collaboration and make better use of its real estate, a spokesperson told Banking Dive. The approach aims to mitigate office overcrowding, particularly from Tuesday through Thursday. The policy is shaped by employee feedback and considers the nature of their work, as well as the needs of customers and clients, the spokesperson said.
“Employees’ ability to collaborate drives the best outcomes for customers, clients and teammates,” the spokesperson added.
Online speculation on Reddit suggested that the bank might be preparing to mandate five days of in-office attendance weekly. Such a move would align with other major financial institutions. Truist, also headquartered in Charlotte, has required all employees to work in the office five days a week since January. JPMorgan Chase has similarly required its corporate employees to be at their desks all week since January 2025.
Editor’s Note: This story has been updated to include information provided by a Bank of America spokesperson.