“We are focused on progressing on our journey to gradually bring our people back together again, where it is safe to do so, and are now in a position to activate the next steps in our return to office strategy,” CEO David Solomon, president John Waldron and CFO Stephen Scherr wrote in the memo.
The memo also asks employees in the United Kingdom to make plans to return to the office by June 21.
The Goldman Sachs executives said they “continue to be encouraged by the rollout of vaccines” in many areas and the “effectiveness of the health and safety protocols we have put in place across Goldman Sachs campuses to protect our people.”
JPMorgan workers expected back at the office by July
Working from the office does not appear to be mandatory. Goldman Sachs executives said they “remain committed to giving our people the flexibility they need to manage both their personal and professional lives.” Employees who are unable return to the office can discuss working arrangements with their manager.
As in other industries, Wall Street is grappling with high stress among employees brought on by the pandemic.
Goldman Sachs says it gives employees a half-day of paid time off for each dose of Covid-19 vaccine they receive as well as family leave to accompany dependents who are getting vaccinated.
Although some employees may prefer to work remotely, many business leaders have emphasized the importance of in-person work.
“We know from experience that our culture of collaboration, innovation and apprenticeship thrives when our people come together,” the Goldman Sachs executives wrote.
Similarly, JPMorgan executives said: “We firmly believe that working together in person is important for our culture, clients, businesses and teams.”