Hybrid working and beyond

The future of work is transforming organizations across industries. At Deutsche Bank we aim to provide an environment where our people can thrive, be productive and perform at their best. This means balancing the benefits of remote working with the unique characteristics of in-person interaction. Deutsche Bank remains committed to hybrid working. We offer a hybrid working model that enables eligible staff to work remotely for a part of their working time. This approach ensures we can tailor our working models based on role and support the well-being of our employees. We have moved quickly but thoughtfully to implement our hybrid working model – which is live in 41 countries with 95% of internal workforce in scope. Our Future of Work strategy is built on four pillars: (1) hybrid working, (2) transforming our real estate, (3) embracing new end user technology and (4) embedding hybrid working behaviors. Our hybrid working model provides eligible employees the option to work remotely for a portion of their working time based on their role, activity and country. Hybrid working is part of our culture, and we are continuously exploring new ways to ensure its sustainability and full utilization by employees and managers. We are continuously looking at new ways of working - on how we work and where we work - and integrating hybrid working, well-being, meeting culture, manager enablement and office design. The transformation of real estate includes redesigned office spaces to increase collaboration and tools to efficiently manage capacity. Our technology strategy includes modern, cloud-based collaboration tools and upgrades to end user devices to support flexibility. The success of these investments depends on our employees maximising their use, which requires ongoing cultural change and education. Hybrid working has also made us re-think the purpose of the office and its design. To ensure the office is somewhere we come to interact in-person and network, we need more collaboration spaces. We are trialing Future of Office pilots with more collaboration spaces and reduced private offices. We continue to refine the design concepts while receiving feedback from our employees. As a part of the Future of Work program, a new end user technology strategy has been developed for employees to drive improved remote and in-person collaboration and productivity. All our employees are provided with new laptops to support new ways of working and provide a consistent experience. New collaboration platforms are being implemented to further support remote working. The bank has already begun rolling out next generation tools in partnership with a major technology player to increase collaboration, facilitate compliant document sharing and deliver the modern work environment our talent expects. Well-being, collaboration and creativity are core priorities in how we are driving the future of work. Our goal is to create an innovative environment and sustainable performance culture in which our employees can thrive together, be themselves and reach their full potential.

Deutsche Bank is a leading global universal bank and a recognized leader in corporate banking, investment banking, wealth management and asset management. Our competitive advantages lie in the diversity and synergies of our four client-focused core businesses - Corporate Bank, Investment Bank, Private Bank and Asset Management - as well as our technology, data and innovation capabilities. We have a global footprint with a strong presence in Europe, the Americas and Asia Pacific. Our purpose is to create positive impact for our clients, our people, our shareholders and society.