We will continue to support fully-remote exceptions with senior executive approval.In-office attendance will not be mandatory on specific days or over specific periods We also want to respect individual flexibility and preferences, as we always have. We strongly encourage associates to come into the office and spend meaningful time there in collaboration with colleagues.On Tuesdays, Wednesdays, and Thursdays Capital One offices will be fully open.Capital One offices will be open with limited services for associates who seek to come in for independent and heads-down work. Mondays and Fridays will be enterprise-wide virtual work days, where associates will work individually from home, or from wherever they work best.That’s why Capital One is committed to a flexible hybrid model, which will initially play out this way, in Fairbank’s words: “We continue to be compelled by both perspectives,” he writes. Listing the pros and cons of office work, he acknowledges that “life’s demands don’t always fit around a 9-to-5 work schedule,” and that virtual work has allowed employees “to better balance the competing demands of our work and our personal lives.”īut he also speaks of the “opportunities for planned collaboration, innovation, and mentorship” that work in an office can provide. In the new message, Fairbank says associates had “a number of questions” about his vision of hybrid as he laid it out last year. offices will continue to require proof of vaccination, and we continue to encourage all associates to be vaccinated.” A refreshed vision of hybrid for Capital One Until our full reopening, voluntary attendance in our U.S. “We will share more details on our testing policy later this summer. “We plan on requiring regular testing for associates who do not provide proof of vaccination against COVID-19,” he writes. Fairbank addresses the issue in his statement. have tried to move on from the pandemic, many others are still concerned by the continued spread of COVID-19 variants. While many in North Texas and across the U.S. The next few months will also give the company time to ensure it has “the workspaces, technology, and norms around where and how associates work to make hybrid effective and empowering,” Fairbank writes. But offices are already open on a “voluntary basis” for employees who are ready to return to in-person work before the official date. The CEO says September 6 was chosen to give associates “ample time” to prepare for their transition to the hybrid model. And our company is growing and thriving.” Time to plan and prepare: early birds welcome We’ve rallied to support our customers when they’ve needed us most. We have seen what we can achieve together, whether in-person around a conference room table or on a checkerboard screen at a kitchen table. Powered by our culture and our technology, we have discovered new ways of working together that are both effective and empowering. If health conditions do not support a safe reopening, we will be ready to delay our planned reopening.” Seeing the upsides in two-plus challenging yearsįairbank began his message by celebrating the upsides his teams have discovered in the last two years.Īcknowledging all the difficulties and challenges since 2020, he writes that “we have also found ways to adapt and to thrive. As we get closer to September, we will closely monitor the health environment and the state of COVID-19 in our communities. offices in a hybrid model on September 6, 2022. “I am pleased to announce that we are planning on a full reopening of our U.S. “Since then we have had to delay the start of our hybrid future as the virus continued to evolve and we prioritized the health and safety of associates,” Fairbank says in his new statement. offices by that fall under the new hybrid WFH and office policy. Last June, Fairbank had expressed hope that his employees could fully return to U.S. The full reopening has been a long time coming, since Capital One workers first left their office desks back in March 2020. Capital One’s Plano campus in North Texas Full office openings were first envisioned for last fall
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