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Return to Office Highest Globally in the Banking Sector at 47%

Edith Muthoni Freelance Writer Author expertise
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COVID-19 outbreak forced millions of people globally to work from home. Yet, restoring normalcy means employees from different sectors return to the office. TradingPlatforms.com surveyed to establish how sectors are performing regarding return to the office. From the data presented, the average attendance rate for the banking industry was the highest at 47%. 

However, the average attendance rate for logistics and technology was at the opposite end of the spectrum at 15%. In recent months, the latter has attracted media attention. Big industries like Google, Apple, and Tesla have worked hard to get their employees back to their desks. Yet, their workforce prefers the current state of remote or hybrid working.

The attendance varies widely for all 13 sectors targeted during the survey.  No sector averages more than 50% attendance; only four of the 13 sectors reach more than 50% peak attendance.

TradingPlatforms’s analyst, Edith Reads, commented on the data. She said, “The pandemic highlighted extra problems with returning to the office. Most workers have issues with long commutes to and from the office, high childcare costs, ongoing worries about exposure to Covid-19 variants, and now monkeypox. As a result, workers are fighting to maintain the option of working from home while employers force employees back into the office.”

Return to Office Possibilities

Employers and workers face the novel problem of coordinating a return to work, whether full-time or in a hybrid capacity. Employee morale, dedication, and satisfaction are all susceptible to the effects of management. Consequently, it affects the company, positively or negatively, depending on the measures taken.

The banking sector is leading the front due to its competitive nature. The physical presence of workers reassures clients of the safety of their savings. Besides the growth of Fintech, most investors believe in physical transactions. Such dynamics within the banking sector have led to accelerating return to office plans. 

Process Is Gradual

Due to the changing nature of the pandemic, even the most well-laid plans have not always come to fruition. Thus, employees’ return to their workplaces has been more of a trickle than a flood. As a result, there is much conjecture about what a widespread return to the office may entail.

Most sectors are still figuring out their new operating procedures. Yet, some workers worldwide have returned to their desks permanently or temporarily. That means a better picture of what it means to return to the office, both in terms of what is functioning and what needs a re-look is coming out.

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Edith Muthoni Freelance Writer

Edith Muthoni Freelance Writer

Edith is a dynamic and seasoned finance writer with a focus on crypto and trading - featured on different platforms, including Cryptopolitan.com, Insidebitcoins.com, and Learnbonds.com. With a Bachelor's Degree in Actuarial Science from Strathmore School of Business, Edith combines her education and experience to analyze complex market trends. This solid foundation also enables her to simplify complex trading strategies, delivering informative content, relevant to our fast-paced economy.

Edith's passion for finance and cryptocurrency keeps her at the forefront of industry news. She creates content that empowers her readers. She’s also a personal finance coach, providing expert advice on trading and other intricate finance issues