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Money management firms still have many telecommuting

Hamartia Antidote

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Again this can be traced to financial company defensiveness after https://en.wikipedia.org/wiki/Cantor_Fitzgerald#9/11_attacks


Before the COVID-19 pandemic struck in March 2020, most money management firms didn't have many part-time and full-time employees telecommuting. Out of 117 companies, 22 didn't have any working remotely, another 52 had 1%-9%, and 30 had between 10% and 29%.

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After the pandemic's onset, 77 money managers had 100% of their workforce telecommuting, and another 23 had between 90% and 99%.

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Today, many firms still have employees working remotely, with 86 out of 118 having at least 50% telecommuting. There are 44 companies that have all of them telecommuting.

As a matter of policy, 97% offer telecommuting to their workers.
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