Is remote working blessing or burden for companies?


Posted April 5, 2021 by Lakshanablucky

Will work from home in its present configuration be transient or continue here? Can organizations see that as a feasible choice, especially with people arguing that the barriers between work and life have almost disappeared?

 
Almost every aspect of our daily lives has been influenced by COVID-19, including overall productivity. The greatest shift has been the idea of working from home. About half of the country’s population is doing it today. The planet has never seen an exercise of this scale. Will work from home in its present configuration be transient or continue here? Can organizations see that as a feasible choice, especially with people arguing that the barriers between work and life have almost disappeared? We see shifts in levels of operation, changes in daily routines, how workers remain on top of things outside of the use of work and productivity tools. Many major tech companies have announced plans to allow their workers to continue working for much of 2020 from home.
I. Negative Findings On Working Remote
According to a survey of more than 1,000 remote workers by Twin gate, remote work leads workers to lose a sense of work/life balance during the pandemic. Their results include the following:
1.Zoom is the No. 1 video conferencing device used by remote staff during the COVID-19 pandemic.
2.40 per cent of staff experienced emotional fatigue from video calls while working remotely.
3.59% of workers feel more cyber-safe working in-office than at home.
4.22 per cent of home-based jobs bought a VPN after the pandemic.
5.58 per cent of staff reported chatting about classified details on job video calls.
6.Over 1 in 10 workers got their video calls compromised.
7.More than half (59%) of employees felt more secure digitally when working from the company office, and more than 1 in 3 (36%) were more cautious about opening up emails at home.
Work from home-based policies may have an effect on the growth of business culture in a number of ways. Cultural consequences that unregulated telecommunications could have include:
1. Colleagues and teams being siloed from each other
2.Feeling of isolation
3.Enthusiasm for developing and growing a company is more difficult to cultivate.
II. Positive Findings On Working Remote
For employees:
Companies or employers who encourage their workers to personalize their way of completing work tend to have job satisfaction and lower operational costs. A Glassdoor survey found that 70% of respondents thought that their company had reacted to workers’ health and safety issues. Another 60 per cent said they can function successfully no matter how long they have to do WFH, and 50 per cent said they’re operating as or more efficient remotely.
1.91 per cent of workers felt the support of their managers during the transition.
2.92% of respondents felt that their companies took all the measures.
3.Fewer DISTRACTIONS
4.Better work-life balance
5.Less Stress
6.Cost reduction
For companies:
1.Health care prices are lower
2.Lower costs of travel
3.Improved client service
4.Employees Want Remote Work, Too

The reality is that many activities and roles can be accomplished online, and much better with the help of technology and other interactive tools. IT industry moved to the WFH model during the lockdown very easily, delivering market stability to consumers without reducing efficiency or productivity, pleasing industry leaders and customers alike. It has proven that with the right processes in place, businesses will prosper and succeed from anywhere in the world. Two reasons for this seamless transition are the rigid commitment of the IT industry to quality systems and the provision of bandwidth connectivity both from homes in metros and in small towns. Many industrial executives, who led their corporations during the 2008 Great Recession.

What next? After post-Covid-19, you can need to re-engine the company to minimize costs, among other items. Future work would be achieved by a mix of in-house services, home work, outsourcing, crowdsourcing, and local towns. The trick is to get the most optimal model based on many criteria, such as type of function, protection requirements, consumer constraints, etc. For scattered teams, problems like loss of coordination, security issues, preparation and on-board difficulties and burnout are more pronounced. If remote work becomes more of a modern standard, we can see these issues climb to the priority ladder for organizations that are seeking to evolve and move ahead with this new model. The way businesses handle these problems today will be very revealing about their future tomorrow.
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Issued By Lakshana
Country India
Categories Accounting , Banking , Services
Last Updated April 5, 2021