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Nationwide to Make Remote Work Permanent for SomeNationwide to Make Remote Work Permanent for Some

In addition to the 5,000 employees who already worked from home prior to the pandemic, the insurance company will have a total of 30% of its employees working remotely on a permanent basis.

Diana Britton, Managing Editor

April 30, 2020

1 Min Read
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At the outset of the coronavirus crisis, many major companies closed their offices and asked their employees to work remotely while sheltering in place, with an expectation of returning once the crisis had passed. But insurer Nationwide says it won’t reopen all of its offices when things get back to normal; the company will close most of its small offices by November, requiring some 4,000 employees in those offices to work from home permanently, according to Columbus Business First.

Nationwide had about 5,000 employees working remotely before the coronavirus spread to the U.S., but under the new plan, a total of 30% of its 28,000 employees will be working in home offices, the publication reported.

The firm will keep its Columbus, Ohio, headquarters, as well as larger regional offices in Scottsdale, Ariz.; San Antonio; and Des Moines, Iowa. It will shutter offices in Gainesville, Fla.; Harleysville, Pa.; Raleigh, N.C.; Wausau, Wis.; and Richmond, Va.

"I think this is the future," CEO Kirt Walker told the publication. "We are learning as we go, but I can see us being 50% work-from-home someday."

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About the Author

Diana Britton

Managing Editor, WealthManagement.com

Diana Britton is the Managing Editor of WealthManagement.com, covering covering independent broker/dealers and RIAs from all angles. She's also the host of The Healthy Advisor, a podcast focused on advisor health and wellbeing. A native of Los Angeles, she now lives in Rocklin, Calif.