Healthy remote work
To promote well-being during the pandemic, a number of teams participated in “No Meeting Fridays” and coordinated holiday weeks or time off. Employees at assistant vice president (AVP)-level or below received a stipend to help improve their ability to work remotely, and all employees received a year-end “well-being allowance” to use at their discretion to support mental or physical well-being.
Looking ahead, we are adapting our operations in a way that better serves the needs of our employees, our business and our customers. The “Workplace of the Future” project, initiated in 2020, is enhancing our technology and IT infrastructure and implementing an enhanced flexible work model that will allow increased part- and full-time remote work that may allow us to reduce office space, employee commuting and business travel over the long term.