BM bragged that employees working hybrid schedules saves the bank about 20%
So that means he is aware that when we work from home, the bank is offloading the cost to employees.
Whether the employees are saving money on commutes, child care etc.
Employees are still paying wifi/internet & electricity costs of about 16 hours working time at home.
This is troubling considering the bank is notorious for 2-3% pay increases & stripped bonuses.
Everyone should request reimbursement for internet and put it in the annual survey.
At a minimum, they could negotiate with providers for preferred/employee rates.
https://fortune.com/2024/01/17/commercial-real-estate-outlook-revaluation-bank-of-america-sheds-40-million-square-feet-office/amp/