Majority of companies may continue work-from-home for next 6 month: Survey
Over 70% of companies are likely to continue the work-from-home policy for a percentage of their total staff for the next six months to maintain social distancing and for business continuity, according to a survey by Knight Frank.
The survey was done with over 230 executives who handle the corporate real estate portfolio in large companies across various sectors.
Majority of the respondents highlighted that their productivity was not affected due to the forced work-from-home arrangement since the lockdown.
However, connectivity and distraction from family were two critical challenges faced by the companies’ workforce while operating from remote locations, the survey highlighted.
About 50 per cent respondents said more than 30 per cent of their workforce will work from home in the next six months. Only 7 per cent of those who participated in the survey said no employees will work from home.
About 62 per cent of the total respondents said that they will either retain (38 per cent) or increase (24 per cent) their current office space portfolio.
On the productivity level of employees, 35 per cent respondents feel that current work-from-home policy has yielded the same productivity as the pre-lockdown phase, while 28 per cent said output has increased.
Around 26 per cent said the productivity went down, while 11 per cent said it was difficult to assess.