American Express has extended its work from home policy for employees to a new date 6 September 2021, from the previous 30 June 2021.
This applies to its entire workforce globally, and the move is in light of uncertainties related to the Covid-19 pandemic.
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The cards giant’s decision to extend its remote working timeline is partly because of the feedback it received from its employees.
The workers said that they need to “plan for childcare” after the “school year” ends or that they have to take care of the elderly.
On the other hand, American Express said that the extension enables them to “monitor the speed with which vaccines are distributed to the majority of people.”
In a memo sent to employees, American Express chairman and CEO Stephen Squeri said: “As the pandemic stretches on, I know we all continue to deal with different degrees of uncertainty and many responsibilities. We want to continue offering you the flexibility and resources you need to feel safe and supported.
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By GlobalData“Today, the Executive Committee and I decided to extend our temporary work-from-home policy from 30 June 2021 to a new date of 6 September 2021.
“Like before, this updated policy covers all colleagues worldwide who are able to effectively perform their roles at home and opt not to return to the office once it reopens, until this new deadline.”
Simultaneously, the company is also working on its global return to office strategy in a phased, location-by-location approach.
Squeri added that the employees can choose to return to office or continue working from home until 6 September 2021.
He said: “Looking ahead, the Executive Committee and I are in ongoing discussions about what the future of our workplace will look like as we move through and on the other side of the pandemic.
“We are taking a thoughtful approach and developing a plan that we will share in the months to come. We are continuing to gather data to help inform our plans.”
