London workers handed cash to help them 'adjust' to six-minute longer commute
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Recent data from the British Chambers of Commerce reveals that over 40 per cent of companies have strengthened their office attendance policies within the past year
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Hundreds of workers in London have been offered cash to help them "adjust" to a six-minute longer commute.
The Financial Reporting Council has introduced a support programme for employees affected by its relocation from Moorgate to Canary Wharf, despite the journey increasing by merely six minutes.
The accounting sector regulator's move between the two locations, separated by just two Elizabeth Line stops, has prompted the organisation to provide monetary assistance to workers adapting to the change.
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An FRC insider explained that staff must seek approval for the additional funds, adding: "It's a temporary scheme to help people adjust."
Hundreds of workers in London have been offered cash to help them "adjust" to a six-minute longer commute
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They said: "It's targeted support on a case-by-case basis, as not everyone will have the same circumstances. It's a small sum to help people get acquainted with their new commute."
The compensation programme operates on an individual basis, recognising that employees face varying circumstances in adapting to the Docklands location.
Staff received notification in December that the relocation would bring "improved office and collaboration spaces with an updated fit out, social areas, prayer rooms, access to gym facilities and more".
Management also emphasised that the Docklands district houses "a number of organisations which we regulate" in the memorandum.
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The FRC maintains its policy requiring employees to attend the office only twice weekly
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Despite these enhanced facilities, the FRC maintains its policy requiring employees to attend the office only twice weekly.
Internal dissatisfaction has emerged amongst some workers regarding the relocation to Canary Wharf, an area that has faced challenges attracting businesses since remote working became widespread during the pandemic.
The financial district has witnessed several prominent departures, with Clifford Chance and Moody's among those relocating to the City.
The FRC's financial incentives coincide with broader shifts in workplace attendance policies across Britain.
Recent data from the British Chambers of Commerce reveals that over 40 per cent of companies have strengthened their office attendance policies within the past year
|GETTY
Recent data from the British Chambers of Commerce reveals that over 40 per cent of companies have strengthened their office attendance policies within the past year.
Nearly half of the surveyed businesses anticipate requiring a full-time office presence within the coming year.
Yet resistance persists, with 10 per cent of organisations reporting staff resignations rather than compliance with in-person work mandates.
The trend towards stricter office policies reflects employers' efforts to reverse pandemic-era remote working arrangements.