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Capital One sets date for hybrid return to office

Capital One

Capital One sets date for hybrid return to office

Capital One has set a return-to-work date, although it remains committed to a completely hybrid schedule for its employees.

On September 6, Capital One will reopen all of its U.S. office sites to all employees, though the company said it will continue to monitor any new developments with COVID-19.

Employees who do not have proof of immunization will continue to be subjected to health exams.

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A message from Capital One's CEO, Richard Fairbank said all U.S. offices will take a hybrid approach, with Mondays and Fridays as enterprise-wide virtual work days and fully open offices on Tuesdays, Wednesdays, and Thursdays.

Employees are encouraged to spend meaningful time in the office, but attendance is not required on specific days or during specific periods.

With senior executive approval, it will continue to support fully remote options.

Fairbank said: “We are calling this our initial hybrid approach for a reason. We are an adaptive company. As we move into hybrid this fall, we will listen and learn about how this initial approach works for our associates, teams and customers, and we will make appropriate adjustments,” 

Capital One had planned to reopen its hybrid offices in November last year but had to cancel due to the omicron spike. It postponed the return until September last June.

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Capital One cited an internal survey last year that found that 96 percent of its employees wanted to incorporate virtual work into their regular schedules. The company employs 52,000 people worldwide.

This most recent hybrid office return only applies to U.S. operations.

Source: HR Dive

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