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[Data Snacks] Working from home a boon for women in retirement industry

  • Bank workers are preparing to go back to the office after months working from home.
  • Women, in particular, have found WFH to be a boost in productivity and work-life balance.
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[Data Snacks] Working from home a boon for women in retirement industry

The banking industry is preparing to go back to the office. Goldman Sachs CEO David Solomon called working from home an "aberration" that would soon be remedied. Hundreds of thousands of banking employees are gearing up to return to work.

But women, in particular, are finding the current WFH an improvement on their work-life balance. And that's for a group that struggles with finding the right mix of work with everything else calling for their attention.

Only 56% of the women who work in the retirement industry are satisfied with their current work-life balance, according to a recent survey conducted by Escalent.

If there's some upside of the current shift to work from home, it's that some women are finding a boost in productivity.

84% of women in the retirement industry report being equally or more productive while working remotely than when they are in the office.

Over two-thirds (69%) women surveyed have stated that a better work-life balance is one of the top benefits to working remotely. For women, it appears a healthy work-life balance is easier with a reduction in commuting and increased flexibility.

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