Raiffeisen joins a list of companies with offices. On Monday 10 July, the Luxembourg bank announced that it had opened five “decentralised workplaces” close to the borders. The stated aim is to improve the well-being of its employees by reducing their commuting time and carbon footprint.

This offer is of particular interest to cross-border commuters, who are subject to tax limits (maximum 34 days per year before being taxed in their country of residence) and social security limits (they can spend ) in terms of teleworking. While the majority of Banque Raiffeisen’s employees live in Luxembourg (528 out of 669 on 30 June 2023), 84 live in France, 38 in Belgium and 19 in Germany.

They will have access to a total of 80 workstations: four in Niederfeulen, 15 in Steinfort, 33 in Differdange, 16 in Kayl and 12 in Mondorf. On the German side, a sixth office is due to open in Wasserbillig by the end of the year.

Since Monday 3 July, the satellite offices have been available only to staff members “in positions where the tasks can be performed remotely and do not require a daily physical presence at the usual work site.” “Around forty people are not currently eligible. Branch employees can therefore benefit as well. Logically, certain tasks related to facility management or the financial markets and treasury department cannot be carried out remotely,” the company explained to Delano’s sister publication Paperjam.

The measure comes with rules. Each employee concerned is entitled to a maximum of 100 days of “decentralised” work per year, either at home or in a satellite office. They must also work with their line manager to ensure that “the service is not disrupted in any way by their physical absence.” Mandatory attendance days may therefore be introduced in certain teams, for example, in the case of face-to-face meetings.

This article was first published in French on . It has been translated and edited for Delano.