Remote working became the most effective coping mechanism for several organisations to function around the world due to the unprecedented lockdowns imposed, to curb spreading of coronavirus infections.
Work from home was a very well known concept in practice but not very common. The pandemic definitely changed this status. People developed mixed reactions.
Now after working from home for months together, it has come to a point where employees do not want to work from the office anymore.
American tech giant Apple is facing stiff opposition from employees, who are rallying against an order by CEO Tim Cook for issuing work from office notice.
Amongst the big tech giants, social media platform Twitter became the first that permitted work from home for its employees and also hinted at giving this option permanently to its employees.
Travel restrictions aided companies to spend less on business travel. Several organisations also resorted to pay-cuts, further decreasing their costs.
Since employees weren’t expected to show up at the workplace, a lot of them relocated. Economies in rural and suburban regions experienced a jump in demand, especially in the real estate sector.
This transformative move also led to a surge in the cost of cloud. Companies have had to invest more in cloud services in order to ensure their operations weren’t interrupted and remote working is a successful possibility.
When we look at the bigger picture companies are saving roughly $22,000 per employee who works remotely. While employees were able to save roughly $4,000 a year, a flexjob survey reported.