JPMorgan and Goldman Sachs are monitoring how often employees are coming into the office—but experts say that approach could backfire

  • Date: 09-May-2022
  • Source: Yahoo News
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

JPMorgan and Goldman Sachs are monitoring how often employees are coming into the office—but experts say that approach could backfire

You probably don’t think twice when you swipe your ID badge to get into your office in the morning, but your employer might be paying attention.

JPMorgan Chase made headlines in April when Business Insider reported that the financial institution is gathering data from ID badge swipes to ascertain how often employees are coming into the office, in accordance with its return-to-office policies. That data is then compiled in reports that managers can use to enforce in-person work quotas. JPMorgan declined to respond to Fortune's request for comment.

Four JPMorgan bankers anonymously shared details with Business Insider, including screenshots of messages between managing and executive directors at the bank describing a dashboard that denotes how many days employees swiped into the office out of the possible number of eligible days.