article thumbnail

Senators Push Bill to End Pandemic-era Remote Work Policies

Allwork

What’s going on: The Senate and the House are re-examining in-person work for federal employees and are pushing for more stringent evaluation processes for implementing telework policies. Bills like the SHOW UP Act could lead to an entire reevaluation of remote work policies in other sectors.

Policies 195
article thumbnail

Stricter Office Attendance Rules at Truist Could Lead to Layoffs, HR Experts Warn

Allwork

Despite hybrid work becoming the norm across many industries in the post-pandemic workforce, major banks in the United States are still pushing for more days back in the office — Truist being the latest to tighten its grip on workplace policies. Starting this fall, Truist Financial Corporation, the sixth-largest bank in the U.S.,

2025 259
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Banks Impose Stricter Lending Policies: A Game-Changer for Future Workspaces?

Allwork

banks with tougher terms on commercial and industrial loans for medium and large businesses has risen from 46% in Q1 to 50.8%. There are expert concerns about the collapse of four regional banks since March and the impact that will have on the financial sector — particularly on the access to credit that could potentially push the U.S.

Policies 203
article thumbnail

The Hidden Costs of Unlimited PTO

Success

According to the Bureau of Labor Statistics , private industry American workers (making up just shy of 85% of all workers in the U.S.) However, it appears that organizations with unlimited paid time off policies actually see their employees taking less time off than they did before the policies were introduced.

Policies 227
article thumbnail

U.S. Job Cuts Ease as Tech Industry Layoffs Slowdown

Allwork

Large employers in the industry including Amazon and Meta Platforms announced plans to eliminate thousands of roles earlier in the year. labor market is showing positive signs despite the Federal Reserve’s aggressive monetary policy tightening campaign, according to Reuters. Why it matters: The U.S. The post U.S.

2022 239
article thumbnail

Watch Out Great Resigners – These TRAPs Could Cost You

Allwork

Despite already having the knowledge needed for the position, Bal’s story has echoed throughout various industries as companies look to meet their end-of-the-year goals. . The policy has been scrutinized by politicians and professionals alike, with Ohio Senator Sherrod Brown looking into ways to water down the practice in the future. .

2020 255
article thumbnail

Why These Executives Are Urging The Biden Administration To Reevaluate Remote Work Policies

Allwork

Signed by Real Estate Roundtable’s Chairman John Fish and President Jeffrey DeBoer, the industry executives expressed issues with the government’s embrace of remote work, stating that it is setting a bad example and hurting the office real estate industry. . markets are seeing levels far lower than average. .

Policies 147