Auditors warn: Hybrid office working leads to a cultural crisis

According to a new study by the Chartered Institute of Internal Auditors, Hybrid working creates a “cultural crisis” for companies by undermining employee loyalty, making it more difficult to retain talented employees and detecting fraud.

Nearly half of lead auditors believe the move to remote working during the pandemic damaged corporate culture.

The steep rise of organizational culture on the list of business risks was identified in a new survey of more than 700 senior auditors to oversee which risks are hardest hit by the Covid-19 pandemic.

Read more about the study and its results in this CIIA article.