-
ALSO READ
Top headlines: HCL Tech Q4 net dips 6%; RBI restricts Amex, Diners Club
Amazon explores replacing JPMorgan as issuer of co-brand credit card
S&P 500, Nasdaq higher after factory data; Amex, Honeywell results hit Dow
American Express commits $5 mn to support Covid-19 relief efforts in India
Covid: Around 2,511 tonnes of liquid medical oxygen delivered, says railway
-
(Reuters) - American Express Co will allow employees to work from anywhere they want for up to four weeks a year, Chief Executive Officer Stephen Squeri said in a memo to staff on Monday.
That will include the 15 days when employees are allowed to work outside their country, according to the memo.
Adopting a more relaxed stance on work-from-home than most of the big U.S. banks, AmEx has divided staffers into hybrid, onsite and fully virtual categories.
Most of the hybrid model staffers must work from office two days a week, it said, while onsite workers will come in for four to five days. Employees in the fully virtual category can continue to work from home.
Data from a survey earlier this year showed nearly 20% of the credit card issuer's employees wanted to work virtually full-time.
AmEx will start bringing its employees in the United States, UK and Germany back to offices from Jan. 24.
(Reporting by Niket Nishant in Bengaluru; Editing by Devika Syamnath)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU