Microsoft’s 150,000 employees can work from home permanently: report

Even when stay-at-home measures for the coronavirus pandemic are lifted, Microsoft employees won’t be required to come back to the office.

According to an internal Microsoft memo obtained by The Verge, Microsoft employees will be allowed to work from home for less than half of their work week. Pending manager approval, some employees will be allowed to work from home full time.

Given the nature of Microsoft’s business as a software and hardware creator, some employees with roles that require a physical presence won’t be able to take advantage of the new “hybrid workplace” policy, according to the report. Employees involved in hardware research and development, for instance, or employees involved with in-person training, won’t be able to do that work remotely.

For others, whose work can be done entirely remote, there are options to relocate — even internationally — if approved. The Verge reported that “most” of Microsoft’s 150,000

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Microsoft Will Let Employees Work From Home Permanently

Microsoft will let its employees work from home permanently, even once the COVID-19 pandemic is over.

In an internal memo seen by The Verge that highlights the company’s plans to create a “hybrid workplace”, Microsoft said it will allow employees to work from home freely for less than 50% of their working week, but has said that managers will be able to approve permanent remote work if staff request it. Part-time working hours will also be available for employees with approval from their manager. 

Currently, the cast majority of the company’s employees are working from home, and Microsoft previously said they would not reopen office until at least January 2021. 

For those whose work can be done entirely remote, there are options to relocate

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Up to 30% of JPMorgan staff will work from home on rotating basis: Jamie Dimon

JPMorgan Chase CEO Jamie Dimon estimated that 20 to 30% of staff will work from home on a rotating schedule due to the coronavirus pandemic, while recently speaking at the Sibos financial conference.

“There will be some permanent work from home. People who work from home will permanently rotate or have a schedule three days in, two days out,” Dimon said on Monday. “I don’t think it will be 100% of the population. It will be 20-30% or something like that. It’s got to work for the companies and the clients.”

JPMORGAN NEARS $1 BILLION SPOOFING FINE

JPMorgan Chase employees have been working on such a rotation starting this fall, although only a quarter are back in its New York City offices. The company thinks such a system will save on real estate and public transportation as well

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Europe’s Banks Get Serious About Work From Home After Covid

(Bloomberg) — So how much will you really be able to work from home after the pandemic? A lot more than you might think, if you work for a European bank.

As some Wall Street executives warn of the perils of working from home for too long, Europe’s biggest lenders are getting serious about using lessons learned in the pandemic to lower costs and afford employees a better work-life balance. They’re changing a culture that has seen few disruptions of this magnitude since modern office buildings were created.

Leading the way in Europe are the Dutch, whose biggest banks predict that staff will be working about half their time from home once the pandemic is over. In Italy, UniCredit SpA plans to have 40% of work done remotely after the crisis, while Switzerland’s UBS Group AG estimates that employees could work from home about a third of the time.



chart, bar chart: Bye-Bye, Office?


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Europe’s Banks Get Serious About Work From Home After Pandemic

(Bloomberg) — So how much will you really be able to work from home after the pandemic? A lot more than you might think, if you work for a European bank.

As some Wall Street executives warn of the perils of working from home for too long, Europe’s biggest lenders are getting serious about using lessons learned in the pandemic to lower costs and afford employees a better work-life balance. They’re changing a culture that has seen few disruptions of this magnitude since modern office buildings were created.

Leading the way in Europe are the Dutch, whose biggest banks predict that staff will be working about half their time from home once the pandemic is over. In Italy, UniCredit SpA plans to have 40% of work done remotely after the crisis, while Switzerland’s UBS Group AG estimates that employees could work from home about a third of the time.



chart, bar chart: Bye-Bye, Office?


©

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South African coffin-maker saw COVID-19 at work and at home

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A worker constructs coffins at Enzo Wood Designs, in Johannesburg, Wednesday, Sept. 30. 2020. Casey Pillay, a coffin-maker in South Africa, watched the coronavirus pandemic turn his business upside down. For Pillay, the need for coffins rose and fell as South Africa’s lockdown levels changed, but overall, he said, “business went down.” As the world surpasses 1 million deaths, Africa is bracing for a likely second wave of infections.

AP

The coffin-maker knew death too well. The boxes were stacked in his echoing workshop like the prows of ships waiting for passengers. COVID-19 was turning his business upside down.

Then it moved into his home.

Kasie Pillay’s wife was a midwife, delivering babies for coronavirus-positive mothers in Johannesburg, the epicenter of the pandemic in South Africa — once fifth in the world in number of cases — and on the continent.

That she would be infected, they

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What is a reverse mortgage, and how does it work?

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.

A reverse mortgage is a type of home loan for people age 62 or older. It’s for people who have gained equity in their home since originally buying it, and likely have paid off their mortgage already.

A forward mortgage — which you probably think of as a regular mortgage — is a type of loan you’d use to buy a home. You make monthly payments to the lender until the home is paid off, and over time, your debt decreases.

A reverse mortgage, on the other hand, is used after you’ve already bought the home. The lender pays you, and the money comes out of the equity you’ve

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How To Request A Permanent Work From Home Arrangement

Best-selling author Christine Michel Carter is the #1 global voice for working moms. Christine’s voice transpires across miles into the heart, mind, and soul of moms everywhere. Women in the United States, Canada, Africa, Australia, France, the UK, Spain, China and India love her writing; it’s reflected in her international social media following and above-average social media engagement rates.

Featured in The New York Times and The Washington Post, she has been called a “working mom who’s changing the world,” ”making a positive impact in the world,” “the mom of mom influencers,” a “mom on the move,“ a “branding mastermind,” one of the “funniest parents on social media,“ one of the “best working mom blogs to follow for support, laughs, and advice,“ “the exec inspiring millennial moms,” and “the voice of millennial moms.”

Christine clarifies misconceptions about working mom consumers for brands and serves as an amplifier of their personal

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5 Tips To Combat Work From Home Burnout

A pandemic, an election year, hurricanes, wildfires, social unrest—what more can we pile on to our 2020 experience? Most of us find ourselves working from home full-time while juggling homeschooling, pets, extended family and more. These are challenging times, especially for working parents. If you don’t foster healthy habits, it will be challenging to support the people around you, whether it’s family, friends, employees, clients or co-workers. That’s why it’s more important than ever to employ strategies to combat work from home burnout. Recently I connected with Denise Broady, HR expert and COO at Workforce Software, who shared her top tips to remain productive while still maintaining work-life balance.

Create a routine

Even though you might not be going to a physical office space, it’s crucial to develop a routine. Ensure you’re getting dressed every day (at least

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Southern Connecticut Gas to resume repair, maintenance work for consumers without service contracts


Officials with Orange-based Southern Connecticut Gas appear to have had a change of heart about the utility’s decision to suspend service on natural gas-fueled furnaces and other appliances for consumers who don’t have repair contracts with the company.

Vic Fryxell, senior director of gas operations for SCG, said the repair and maintenance work, which the company calls discretionary work or charged service, will resume sometime in mid-October. The company suspended most non-emergency work requiring entry into a customer’s home in March in an effort to

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