As it emerges from the COVID-19 pandemic, Radnor-based Lincoln Financial will use a hoteling strategy with its employees, writes Jeff Blumenthal for Philadelphia Business Journal.

A majority of employees will work remotely.

Staff can volunteer to return to the office Aug. 9. A full return is set Oct. 4, subject to change.

Lincoln Financial will split 11,000 employees into four categories, depending on how effectively each employee works remotely. The categories are:

• In office: for employees whose job requires them to be in an office.
• Hybrid office: Employees will spend at least three days a week in the office.
• Hybrid home: Employees will spend two or fewer days in the office.
• Work-from-home: Employees will work remotely full-time.

Employees doing hybrid home and work-from-home won’t have designated work spaces.

If they want to come into the office, they will have to reserve the space.

With more remote workers, several companies have fewer real estate needs. Mortgage insurer Radian Group is moving out of its 173,405 square-feet space in Center City to a 54,000 square-feet space at CrossPoint in Wayne.

Lincoln Financial expects some spaces to grow, while others will contract under the new set up.

Read more at Philadelphia Business Journal about Lincoln Financial’s new work arrangements.

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