Workplace management

The megabank rolled out new and expanded employee diversity targets that it aims to meet by 2025. The goals include placing more Hispanics in leadership roles and boosting the number of LGBTQ+ members the company hires from colleges and universities.

Before hitting send, give your emails a look to see if you're using these passive aggressive phrases to communicate with coworkers.

In conversation with Patti Cook, CEO of Finance of America Companies

Bessant & Erdoes: In conversation

What else do banks need to do to achieve gender parity more quickly? What are the tech innovations that will be most impactful for the banking industry? What will the surviving banks look like a decade from now?

Citigroup will require all U.S. employees be vaccinated against COVID-19 as a condition of their employment, citing new orders from President Biden.

Hopes that the pandemic has been curbed have dimmed as infections and hospitalizations are on the rise again due to the introduction of the extremely dangerous Delta strain. For some companies, this has disrupted their plans to bring remote employees back to their offices or institute a "hybrid" arrangement.

(Bloomberg Opinion) — More than 100,000 people who used to work or live in New York State have received notices from the tax department questioning them about their whereabouts last year and asking why they paid less to the state than they have in years past.

2020 was a challenging year for banks. The impact of COVID on the economy as well as changes to accounting for loan loss provisions were evident in weaker financial and stock price performance in 2020 for many banks and yet CEO compensation increased. Learn from experienced executive compensation consultants about the challenges Compensation Committees faced in 2020, why pay levels increased relative to 2019, what were common COVID-related compensation changes, and what changes were made for 2021 incentive plan design.

Records obtained by Financial Planning detail dozens of worker safety complaints related to COVID. But the problem could be as much about employee relations as it is about the pandemic.

The bank had nearly 270,000 employees at the end of last year.

“It’s hard to make it mandatory. There are laws about that,” said Jamie Dimon, chief executive officer. “I think what we’d like to do is have carrots and sticks. We want people to take it.”

CEO John Ettelson's comments differ from those of executives at some major banks.

The majority of planners intend to work remotely at least one day per week through 2021.

“We do not yet know when we’ll return to a more traditional operating model,” a spokeswoman said.

“It’s going to flip everything on its head,” says one XY Planning Network advisor.

Almost half of employers are already opening up their offices again — but some challenges lie ahead.

The firm employs just short of 70,000 people in 50 countries and had 80% of its worldwide staff at home during the height of the pandemic

The policy shift involves a modest number of advisors in Texas as wealth managers also gear up for office reopenings.

Ongoing health risks will hinder a return to normalcy for the firm and its rivals.