The Bank of Montreal says it’s moving towards having employees work four days in the office per week starting in the fall, joining some of its Bay Street peers.
Spokesman John Fenton says by mid-September, BMO will expect employees in the office four days per week, where existing real estate capacity permits.
He says BMO has over the past decade invested in workplaces designed to maximize team performance by promoting collaboration, problem solving, mentorship, innovation and career development.
Read: Scotiabank corporate employees returning to office four days per week
Scotiabank and the Royal Bank of Canada previously committed to similar moves with both lenders saying the change will start in September, which they believe will improve operations.
Scotiabank says it thinks the move will improve collaboration, engagement and culture, while RBC says it’s a relationship-driven bank and in-person work is vital for its long-term success.
National Bank and the Canadian Imperial Bank of Commerce have said their number of in-office days depends on each team and the role of employees.
Read: 76% of Canadian employers mandating partial, full return to office: survey