The European Central Bank announced on Tuesday that it will extend its work-from-home policy by two years, with employees required to be in the office for approximately 50% of their time. This policy allows staff to work remotely for 110 days, or roughly half of their working time. Staff are not mandated to be in Frankfurt for the majority of their time away.

Contrary to this, JPMorgan Chase recently announced a return-to-office plan of five days a week from March onwards, following the trend of some notable entities like U.S. President Donald Trump who have already returned to office, and others who initiated the return late last year.

The ECB noted that 95% of its employees benefited from teleworking, spending an average of 57 days away from the office without negatively impacting their connections within or outside the bank. An employee survey revealed that 80% saw no change in how their managers perceive their work quality, and 88% reported positive effects on their work-life balance from this arrangement.