All Bank of Ireland employees, whether local or travelling from other locations, can use the new hub, which is housed at the Bank of Ireland Douglas in Cork, which offers a variety of hot desks and conference spaces.
Douglas, which opens as Bank of Ireland's 16th remote working site in 2021, will house 36 employees' desks.
Bank of Ireland has so far spent €2.5 million on building renovations, IT upgrades, and hub network reconfiguration.
Most Bank of Ireland employees can work from home, central office locations, or a network of hybrid working hubs, depending on their function.
Balbriggan, Ballycoolin, College Green Atrium, Dundalk, Galway, Gorey, Limerick, Mullingar, Naas, Newbridge, Newlands Cross, Northern Cross, Omagh, Santry, and Swords are among the fifteen additional Bank of Ireland hybrid working hubs that are supplemented by the Douglas hub.
According to a poll done by the bank at the end of 2023, 85% of Bank of Ireland employees—a 3% increase from the previous year—feel that the hybrid working arrangement facilitates striking a balance between work and personal obligations.
The three main components of Bank of Ireland Group's goal to rank among the finest workplaces in Ireland, according to CEO Myles O'Grady, are competitive pay, progressive people policies, and hybrid working.
"Hybrid working, which offers many of our colleagues greater flexibility as to how they work, is therefore a big part of offering as an employer," said Mr O'Grady.
"We're devoted to using our adaptable strategy since it's effective. We continue to invest in it because it benefits our coworkers and makes financial sense," he continued.