Half of finance workers unasked on remote preferences – study

VIRGINIA, UNITED STATES — A recent survey by Eagle Hill Consulting reveals a divide between financial services employees and employers on remote work preferences.
While 68% of employees would consider leaving their jobs if remote work was reduced, 54% were never consulted about their preferences.
The research shows 55% of financial services staff favor employers offering remote and hybrid options. However, 68% believe onsite workers are more likely to succeed.
Concerns with increasing in-person requirements include work-life balance, costs, commute times, and stress.
Activities seen as best done in-person include team building, training, project kickoffs, getting projects on track, performance discussions, and brainstorming.
When given a choice, 51% of employees would prefer remote work.
“It’s still critically important to solicit employee input on how they want to work,” said Melissa Jezior, president and chief executive officer of Eagle Hill Consulting.
“When employees don’t feel heard, it often breaks down trust and drives up attrition.”
The findings come as some financial firms are changing policies and requiring onsite work, while office attendance in major cities remains below pre-pandemic levels.
The research was based on a survey of 386 financial services employees among 1,350 U.S. workers polled about remote work views.