Working bank hubs provide  new hybrid model for employees

Working bank hubs provide new hybrid model for employees

By Maurice Garvey

A CLONDALKIN hub is in the cards for employees at Bank of Ireland following an announcement by the bank of a new hybrid working model, reports Maurice Garvey.

Bank of Ireland has launched a new working model which will allow colleagues the option to work at home or at a network of 11 hubs by the end of 2021, including a hub at Newlands Cross.

BOI Newlands X 25 1

A new hub will open at the Bank of Ireland at Newlands Cross

Staff can combine the two options to maximise benefits for their own circumstances.

Matt Elliott, Chief People Officer, BOI said: “Things won’t go back to how they were at the start of 2020. We are going to see less of the old way of doing things, like travelling through rush hour to do something at the office that could easily have been done from home.

“Our network of remote working hubs will provide a real alternative to time and energy sapping commutes. The central office still has an important but different role to play – with large office buildings being redesigned to facilitate meetings and collaboration.”

By early 2020, approximately 3,500 employees at Bank of Ireland were working with some degree of flexibility.

However, the implementation of a longer-term hybrid working model was accelerated as a result of Covid-19.

“The introduction of a hybrid model also increases accessibility to employees or applicants for roles based around the country and outside urban centres and to those who have caring responsibilities in the home,” Elliott continued.

“Ultimately, it offers much more flexibility and choice, blending home and office working for a greater work-life balance.”

Staff surveys last year revealed 77 per cent of colleagues expressed a preference to work from home for between 25 and 75 per cent of their working week.

The new model will see office space being used primarily for meetings, collaboration, and building connections, while remote locations will be more suitable for work that can be progressed individually or that is more task based.

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