Come back to the office or risk bonus cuts, HSBC staff told

Money blog: HSBC 'sends ultimatum' to staff working from home

Welcome to the Money blog, Sky News' consumer and personal finance hub. Today: declaring some medical conditions increases travel insurance premiums by more than 1,000%; UK borrowing has soared, prompting tax rise speculation; and HSBC is clamping down on working from home.

Come back to the office or risk bonus cuts, HSBC staff told

Several firms in the finance and banking sectors have told staff to work in-office more frequently this year

HSBC UK makes unwelcome change for thousands of people who work from home

The high street bank'sUK division has reportedly hardened its hybrid working policy with a requirement to spend at least 60 per cent of time in the office.

HSBC warns of bonus cuts for staff who work from home too much

Workers at UK retail bank told line managers will start monitoring office attendance more closely

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.

HSBC UK links bonuses to office attendance

HSBC UK has introduced a new policy that connects employee bonuses with office attendance, reinforcing its push toward in-person work. Employees must now be physically present in the office for at least 60 per cent of their working time. Failing to meet this threshold may negatively impact performance reviews and annual bonus payouts. The updated directive applies across the bank’s office-based workforce. Employees have been informed that consis…