After the onset of the Covid-19 pandemic in December 2019, many firms were forced to have part or all of their workforce work from home or remotely. Initially, some companies offered their employees work from home to achieve flexibility and to make work more enjoyable. This trend has persisted even after the pandemic has been controlled. The traditional work setting has been permanently disrupted, and working from home has become the norm. Experts estimate that 75% of the American workforce would work at least 5 days remotely every month. Working from home has pros and cons, determining the future of working from home.
Working from Home Becomes Permanent
With the onset of Covid-19 and the subsequent measures firms adopted to control it, the percentage of remote workers had been anticipated to double due to the increasing productivity of remote workers, according to a survey by Enterprise Technology Research. Because of the positive productivity metrics of employees working from home, more companies are adopting remote working in addition to being a measure to control the spread of the pandemic.
A survey by Gartner of Chief Financial Officers (CFOs) revealed that 74 percent of organizations planned to permanently shift at least 5 percent of previously onsite employees to remote positions after the COVID-19 breakout. Big technology firms have paved the way for the shift in the workforce industry. In May 2020, for example, Twitter gave their employees the freedom to work from home indefinitely, as did Square, another technology company. Similarly, the owner and the CEO of Facebook told his workers that he plans to have many of them work remotely permanently throughout 2020.
Emerging Trend of Work From Home Careers
As firms are slowly readopting office life, employees and employers are navigating a new chapter in the work-from-home experience. Maneuvering the journey back to the office and developing a work-from-home package requires insight into the structure of remote work agility and resources to determine the best remote-work program. One of the most important factors to consider in deciding whether remote working works for an employee is the nature of work. In this regard, Gallup grouped employees into either remote-capable or remote-incapable classes. A survey by Gallup found that 56 percent of the workforce in the United States report that they are remote-capable, representing about 70 million workers. Of these workers, 5 out of 10 work part of their work-week on site, and part at home, 3 work exclusively remotely, whereas 2 work entirely on the company’s premises. The first scenario is called hybrid.
Employees’ preferences play an important role in determining the future of work-from-home careers. The survey projects the work-from-home arrangement to increase to 55 percent by the end of the year, which is closely in line with the desires of remote-capable workers, as 60% prefer a permanent hybrid work scheme. Thirty-four percent of remote-capable workers prefer to work from home exclusively, although the experts prefer the number to decrease in the long term. Nevertheless, the long-term fully remote work was expected to triple the 2019 number as firms have a say in the decision and would prefer putting their remote capable workers to work from home permanently because of the cost benefits associated with the arrangement.
In conclusion, we project that most jobs that workers can do remotely would move away from the office because of the cost benefits of the arrangement. However, many firms prefer a hybrid arrangement with remote and onsite working.
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