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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]WTF? Forcing people back in for 4-5 days per period to boost their own egos without any rationale. "Many employees and managers will need to go in more often for business needs." What does that even mean? Don't think our peers at CFPB and SEC are doing this. Maybe that's because they have unions and FRB doesn't. Perhaps something to think about. Better polish up the resumes.[/quote] Dude thats 2-3 days a week...not bad at all. this is happening everywhere not just at the fed[/quote] Certain divisions were already requiring 3+ days per pay period starting in September 2022, with managers/officers having the discretion to require more. My guess is that certain teams were not actively enforcing the 3 days minimum, whereas other teams were requiring more frequent in person work. [b]Given the collaboration of people between divisions,[/b] The discrepancy/lack of parity probably became very noticeable and the Board was forced to bring down the hammer. The financial industry has been especially strict about RTO given big real estate exposures on bank balance sheets. Probably a bit embarrassing for the Fed to always have staff at home when banks/trade associations need to come in for meetings.[/quote] A good portion of board staff are working with people at reserve banks or not even located in DC. [/quote]
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