º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Professional Services

Bank of Ireland not returning to 'usual 9 to 5' working hours, º£½ÇÊÓÆµ chief executive says

Ian McLaughlin said the bank was now "much more focused" on the output and outcomes of its workers

Bank of Ireland's offices in Bristol(Image: Handout)

Bank of Ireland will not force staff to go back into the office, its º£½ÇÊÓÆµ chief executive has said.

Ian McLaughlin told BusinessLive the bank would not be returning to the "usual" nine-to-five working hours following the pandemic.

The Irish bank employs thousands of people in the º£½ÇÊÓÆµ, including in Bristol, Belfast and London.

It recently posted underlying pre-tax profits of €456m (£390m) for the first half of 2021 - up from a €669m (£571m) loss over the same period last year.

"Our people have been doing a really good job," said Mr McLaughlin, who took over the helm of the º£½ÇÊÓÆµ division of the bank in November 2019.

"We are starting to bring people back in hybrid manner, but we have spoken to staff and 91 per cent of colleagues want to work more flexibly.

"We will not be going back to the usual nine-to-five working hours. We have all grown up through Covid, and now we are much more focused on output and outcomes."

Mr Mclaughlin said the bank's relationship with staff had "matured" over the last 12 months - and it felt confident about giving people a choice.