Just 19 per cent of Canada’s investment managers say they’ve adopted a fully remote working model as of September 2022, according to a survey by the Portfolio Management Association of Canada.

The survey, which polled more than 100 investment managers among the PMAC’s membership, also found more than a quarter (26 per cent) said they’re requiring employees to work in the office three days a week, followed by five days a week (15 per cent), two days a week (14 per cent), four days a week (11 per cent), one day a week (eight per cent) and other arrangements (seven per cent).

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“The investment industry’s move to a hybrid work model reflects its confidence in the way it handled the [coronavirus] pandemic and the many benefits that hybrid [work arrangements] affords both employers and employees,” said Katie Walmsley, president of the PMAC, in a press release.

“We have been surveying firms regularly during the past year and it’s clear the majority of firms see the benefits of more in-office presence to optimize collaboration, employee mentoring and team relations, while recognizing the work-life balance and many other benefits of offering some hybrid flexibility.”

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