HSBC Links UK Retail Staff Bonuses With Return-to-Office Mandate
HSBC Holdings Plc has told its UK-based retail bank employees that they could see their bonuses cut if they failed to show up in office frequently enough.
The London-based lender informed staff at its HSBC UK unit, which operates its British retail and domestic commercial banking businesses, that those who aren't meeting its work-in-office mandate of minimum three days a week could end up being paid less, people familiar with the matter said, asking not to be identified discussing internal information.
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