Schroders to allow staff to keep working remotely after Covid-19

Asset manager’s plush new offices had been opened by the Queen in late 2018

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Schroders has told staff they will be able to keep working remotely after Covid-19 has passed as it extends it flexible working arrangements permanently.

A source told Portfolio Adviser the FTSE 100 company still sees benefits from people coming into the office and that the policy did not mean all staff would be working remotely full time.

They said flexible working could take many forms.

The flexible working policy does not apply to Schroders Personal Wealth.

In November 2018, the Queen opened Schroders’ state-of-the-art new offices at London Wall, beside Moorgate station.

The news, first reported by The Telegraph, comes a week after Helena Morrissey urged ministers and scientists to “drop the fearful messaging” around the coronavirus and encourage workers back into the City.

At the start of lockdown, Morrissey had said the investment industry should exploit the success of remote working to make workplaces more productive and inclusive.

See also: UK property funds stand by office allocations as corporates warn of coronavirus rethink