Also, 74% of the respondents are willing to work remotely, and 80% pointed out that their job roles can be performed from a remote environment. The survey was done between June and July across seven metros and 1,000 samples.
“In a highly price and cost sensitive country like India, the savings done by working from home is a major factor in the acceptance of this change. On an average, an employee saves Rs 5,520 per month which was earlier spent on food, commute, clothing, etc. This comes to approximately 17% of an average Indian’s salary,” the report said.
Saving commute time has been another major factor that has made people embrace work from home. 60% of employees spend more than an hour in commute to and from office. Therefore, on an average, an employee saves 1.5 hours of travel time everyday. This translates to time worth 44 additional working days in a year – leading to a significant increase in productivity. “This means that for a company with 100 employees, 18 FTE (full time equivalent) days are added without any additional cost,” said Amit Ramani, founder and CEO of Awfis.
However, working from home also has challenges About 27% and 23% respondents see isolation and worklife balance as the biggest challenges respectively, with many feeling lack of opportunities for engaging with colleagues and lack of developing strong networks might impact their creativity. Other challenges include low speed internet. 47% of the employees surveyed report a lack of comfortable desk and chair, 71% feel that they will be successful in working from home if they have a dedicated area to work.
“Going forward, a hybrid model will be adopted which will be a blend of virtual and physical environments. Workplace will be distributed across physical headquarters, satellite offices, cafes and homes. A permanent work from home settlement would mean fortnightly or monthly visit to the physical headquarters,” the report said.