{"id":503257,"date":"2021-07-05T10:45:23","date_gmt":"2021-07-05T08:45:23","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=503257"},"modified":"2021-07-05T16:20:11","modified_gmt":"2021-07-05T14:20:11","slug":"one-of-south-africas-biggest-banks-is-making-a-permanent-work-from-home-shift","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/banking\/503257\/one-of-south-africas-biggest-banks-is-making-a-permanent-work-from-home-shift\/","title":{"rendered":"One of South Africa&#8217;s biggest banks is making a permanent work-from-home shift"},"content":{"rendered":"<p>Nedbank has informed staff of a planned shift in its workforce structure, with a number of employees set to continue working from home after the Covid-19 pandemic.<\/p>\n<p>In a notice sent to a number of employees last week, the bank said that envisages a &#8217;60\/40 split&#8217; which will see only 60% of staff work from one of its campuses on any given day.<\/p>\n<p>In an emailed response to BusinessTech questions, Nedbank said that the change is in line with its &#8216;digital-first and first in digital&#8217; aspiration.<\/p>\n<p>&#8220;Nedbank has been on a journey over the past few years, rethinking its operating model and ways of working to keep up with the changing world and world of work,&#8221; said Deb Fuller, group executive of Human Resources.<\/p>\n<p>&#8220;Subsequently, Nedbank has gradually introduced new Ways of Work and incorporated flexible work practices.&#8221;<\/p>\n<p>Now, due to Covid-19, many Nedbank employees are already doing some form of remote work, she said.<\/p>\n<p>&#8220;This has given Nedbank an opportunity to accelerate its aspirations, scale its digital workplace in a way that delivers the greatest value for all stakeholders, as well as formally adopt a hybrid workforce model.&#8221;<\/p>\n<p><strong>A 60\/40 split<\/strong><\/p>\n<p>Fuller said that Nedbank&#8217;s\u00a0corporate real estate team has reviewed international research and that this will inform the bank&#8217;s post-Covid approach and its new \u2018hybrid workforce\u2019 model.<\/p>\n<p>&#8220;For us, a \u2018hybrid workforce model\u2019 means that we will have a portion of our workforce who will remain working from a Nedbank office or branch based site, a portion of our staff who will work remotely and another portion of our staff that will follow a blended approach whereby they move between working at home and the office,&#8221; she said.<\/p>\n<p>Fuller said that Nedbank\u2019s property portfolio is planning to accommodate a 60\/40 split of onsite\/offsite workers to accommodate office-bound and remote workers in the offices.<\/p>\n<p>&#8220;We believe that the role of many of our offices has changed. As such some of our staff will collaborate rather than work from behind a screen, which can be done from home.<\/p>\n<p>&#8220;Nedbank\u2019s new ways of working promotes an office environment of innovation and collaboration that consists of activity-based environments that are digitally enabled.<\/p>\n<p>&#8220;Employees will book office space, meeting rooms or seats, according to the functions they need to perform while onsite,&#8221; she said.<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/banking\/502471\/south-africans-are-struggling-to-pay-off-their-credit-cards-heres-how-much-they-owe\/\" target=\"_blank\" rel=\"noopener\">South Africans are struggling to pay off their credit cards \u2013 here\u2019s how much they owe<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nedbank has informed staff of a planned shift in workforce plans, with a number of employees set to continue working from home post-Covid-19 pandemic.<\/p>\n","protected":false},"author":10,"featured_media":310342,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[961],"tags":[26,1799],"class_list":["post-503257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-headline","tag-nedbank"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/503257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=503257"}],"version-history":[{"count":15,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/503257\/revisions"}],"predecessor-version":[{"id":585558,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/503257\/revisions\/585558"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/310342"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=503257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=503257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=503257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}