The great work-from-home experience caused by the pandemic divided opinions in companies and sparked endless debates about whether employees are working as efficiently from the kitchen table as they do from the office.
According to the study, the booming work from home will increase productivity in the US economy by 5%, mainly due to savings in commuting times. The results indicate that the rapid adoption of new technologies amid the pandemic will bring lasting economic gains, helping to drive the low productivity that has long plagued global growth.
Not everyone is a supporter of telecommuting. CEO of Goldman Sachs Group Inc.David Solomon described the new deals as a “perversion” that the investment bank “will correct as quickly as possible,” arguing that it is especially necessary for new recruits to absorb Wall Street culture.
In contrast, the CEO Mark Zuckerberg He says the prospect of hiring engineers away from Facebook has opened up new talent pools, and many employees will continue to work remotely after the pandemic, with salaries more in line with their new locations.
The study polled more than 30,000 American workers to assess whether deals that started as a temporary solution will continue once the contagion subsides. The research revealed that 20% of full working hours will take place from home after the pandemic, compared to only 5% before that, but it is much less than it was at the height of the crisis.
The results come as companies around the world continue to announce home business deals and reduce office space. Hsbc Holdings Plc announced that it will remove the executive floor from its London headquarters, Canary Wharf, and convert private offices of senior managers into meeting rooms for clients and collaboration spaces. Twitter Inc. Their employees can continue working from home permanently.
This experience has exacerbated racial and economic inequalities in the United States, where many lower-paying jobs in food preparation and other basic industries cannot be performed remotely, which may put these workers in a higher position. .
The study indicates that the benefits of working from home “will fall disproportionately on highly educated and well-paid people.”