Massachusetts Mutual Life Insurance Co. is sticking with a hybrid work model as the best way to attract staff in the post-pandemic era, having just opened a major office overlooking Boston Harbor.
“In a very competitive job market we’ve heard loud and clear from our employees they value the ability to work remotely and from home,” Chief Executive Officer Roger Crandall said Friday in a Bloomberg Radio interview in Boston. “The days of sitting in a cubicle with an employee handbook about what you’re supposed to wear and when you’re supposed to show up frankly are long gone, and that’s a good thing.”
The insurer has been remaking its operations in recent years, selling OppenheimerFunds to Invesco Ltd. and
“Always nice when you make an investment and it goes up quickly, but we certainly looked at this in a very-long term basis,” Crandall said. “We haven’t purchased any more.”