Swindon-headquartered Nationwide is enabling its 13,000 office-based employees to do their jobs from anywhere in the UK, as part of a new post-Covid initiative.
The move comes after employees at the world's largest building society were surveyed on how they would like to work in future.
Just six percent said they wanted to work in an office five days a week, while more than half (57 percent) wanted to work from home full time. More than a third (36 percent) wanted a blend of home and office work.
Nationwide said its ‘work anywhere’ approach is focussed on how people can do their best work rather than where they are based.
Early data shows that remote working is seen by many to have benefits, with 30 percent of employees saying that they are better at prioritising decisions in the interests of members by working from home.
Joe Garner, chief executive of Nationwide Building Society, said: “The last year has taught many of us that ‘how’ we do our jobs is much more important than ‘where’ we do them from.
"We have listened and learned, and we are now deciding to move forward, not back. We are putting our employees in control of where they work from, inviting them to ‘locate for their day’ depending on what they need to achieve.
"Our data suggests that working in a home environment encourages us to think more about the impact on others when making decisions. As a member-owned organisation, we encourage a focus on humanity, while embracing technology.
"We are also continuing to invest in some of our office space to foster social contact, collaboration and creativity.”
The initiative does not include branch staff, who will still need to work from high street outlets.
It does mean that three office locations in Swindon that the company was leasing – but says its headquarters at Pipers Way, Swindon will be retained.
The opening of a new tech hub at Ramsbury House, also in Swindon, last year will ensure the society retains a strong footprint in its hometown and nationally, said the mutual.
Three thousand people work for Nationwide in the town.