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HSBC's Office Attendance Hits 80% At The Spiral

There have been many theories on how companies can entice employees to return to the workplace, one being to create a welcoming environment for them. Fierce advocates of remote work tend to scoff at that advice but at least one company's experience suggests otherwise.

HSBC inaugurated its new US headquarters at The Spiral yesterday, an office building in New York City's Hudson Yards neighborhood, marking its largest US relocation to date.

The bank started to relocate staff to the new office in Februar and since then employee attendance has jumped to 80%, said Michael Roberts, CEO of HSBC in the USA and the Americas, at the opening ceremony, according to Reuters.

There have been many theories on how companies can entice employees to return to the workplace, one being to create a welcoming environment for them. Fierce advocates of remote work tend to scoff at that advice but at least one company's experience suggests otherwise.

HSBC inaugurated its new US headquarters at The Spiral yesterday, an office building in New York City's Hudson Yards neighborhood, marking its largest US relocation to date.

The bank started to relocate staff to the new office in Februar and since then employee attendance has jumped to 80%, said Michael Roberts, CEO of HSBC in the USA and the Americas, at the opening ceremony, according to Reuters.