Lawyers who work from home more than two days a week will be denied bonuses under a new policy introduced by a City firm.
Employees must spend at least three days a week in one of Osborne Clarke’s offices or with clients if they want to be eligible for future bonuses.
Graham de Guise, chief people officer, said: “To be considered for a bonus in 2024 and beyond, our people will normally need to reach our minimum expectations across a number of areas.”
This includes being in the office “more often than not”, he added.
Workers who meet minimum office attendance requirements will be eligible to a bonus worth up to 20pc of their salary and a discretionary “long-term incentive plan” which pays out a 40pc bonus across three years, if they meet certain requirements.
Workers hoping to be considered for such bonuses must also meet other minimum requirements, including completing mandatory training and contributing to firm-wide initiatives.
Osborne Clarke also shared out firm profits to certain employees last month in payments of at least 2,000 each.
However, Osborne Clarke will make exceptions for those with “valid reasons” for not returning to the office, legal news blog RollOnFriday first reported.
Mr de Guise said: “We also appreciate there are a number of valid reasons this isn’t always possible and we will always take these into full consideration when making decisions on bonus eligibility.”
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