A study by Indian HR solutions firm Randstad has revealed that 95% of Indian firms plan to continue with remote work arrangements for the next two years. The study also found that 62% of employees feel working remotely improves their work-life balance, while 48% feel it has a positive impact on their productivity.
However, there are also some drawbacks to working remotely. In this blog post, we’ll explore the pros and cons of working remotely from an Indian company perspective.
Indian companies are sticking with remote work in the short term
A recent study found that 95% of Indian companies plan to continue with remote work in the next two years.
There are several reasons for this, but the primary one is that it’s just easier. With a remote workforce, companies can save on office space, equipment and other related costs. And since most of today’s workers are comfortable with working remotely, it’s not seen as a hardship.
There are some drawbacks to remote work, however. Remote workers can sometimes feel isolated and disconnected from their team. And if they’re not adequately managed, they may not be as productive as they would be in an office setting. But for the most part, Indian companies are finding that remote work is an effective way to do business.
Why these companies like remote work
There are many reasons why Indian companies say they will continue to rely on remote work for the next two years. Cost savings is one big factor, as it is cheaper to have employees work from home than to put them in an office.
Another reason is that many Indian workers are more productive outside of the traditional office environment. They report that they are able to focus better when they are working on their own, without the distractions of a busy office.
Additionally, many employees enjoy the freedom and flexibility that comes with remote work. They can work from anywhere, and they can set their own hours. This allows them to balance their work and personal lives in a way that is not possible in a traditional office setting.
The challenges of remote work
While the remote work trend is growing in popularity, it’s not without its challenges. Chief among them is the lack of physical interaction and collaboration.
In a study of Indian companies, 89 per cent of respondents said that implementing a work-from-home policy has led to an increase in security challenges faced by their organisation. Another common concern is that employees working remotely can easily become distracted and less productive.
To combat this, some companies require employees to work specific hours or set benchmarks to be met each day. Overall, while there are challenges to working remotely, the benefits far outweigh them—and 95% of Indian companies plan to continue with the practice for at least the next two years.
The benefits of remote work
A study by Cisco found that 50 percent of the global workforce will be working remotely by 2020. And a whopping 95 percent of Indian firms say they’ll continue to use remote work arrangements for the next two years. So what are the benefits of remote work? Here are a few:
– Increased productivity: When employees work from home, they’re often more productive since they don’t have to deal with distractions like office politics or loud co-workers.
– Increased flexibility: Employees can work from anywhere, at any time, which gives them more control over their lives.
– Cost savings: Employers don’t have to pay for office space or equipment, and employees don’t have to spend money on transportation or coffee.
What does this mean for employees in the future
While the study found that most Indian firms will continue to rely on remote work for the next two years, it also indicated that there could be potential challenges down the road for employees.
Nearly 90% of respondents felt that implementing a work-from-home policy has led to an increase in security challenges faced by their organisation. In terms of the future, this could mean that more employees may need to start working from office premises in order to mitigate these challenges.
Indian companies are continuing with their remote work arrangements for the next two years. This is due to the many benefits that come with remote work, such as cost savings, greater flexibility, and a more diverse workforce.
However, there are also some challenges to working remotely, such as communication issues and a lack of team-building opportunities. In the long term, we can expect more Indian companies to adopt remote work arrangements, as it becomes more common and accepted around the world.