‘Remote work sees a rise in compensation for employees’
Hyderabad: In the post-pandemic world, the popularity of remote and hybrid work has risen significantly and majority of companies are looking at providing some kind of reimbursement for their employees. As per a study by Indeed, about 58 per cent of employees say their employers reimburse remote work expenses incurred.
The rest of the employees, the report says, are equally split between remote work expenses being high (22 per cent, with 14 per cent saying costs have increased after the Omicron wave struck) and remote work expenses being manageable (20 per cent). More than half of the employers are either compensating or are planning to do so for remote work. And 36 per cent employers, however, do not have any plans to compensate employees for their work from home expenses, and 8 per cent believe that this is a manageable expense in their case.
The report also pointed that 60 per cent of the employees surveyed informed that remote work has been the biggest work trend followed by hybrid work which stood at 42 per cent. The employers also share the same view with 64 per cent considering remote work and 45 per cent hybrid work as the biggest trends.
Future of work:
Over the next 2-3 years, 44 per cent of employees believe remote/hybrid to be sustainable and 28 per cent believe it will be somewhat sustainable. Meanwhile, 79 per cent employers expect less than 50 per cent of their workforce to be working remote/hybrid in the coming 2-3 years. A good 40 per cent believe that less than 10 per cent will work remote/hybrid.
Migration to hometowns or to places employees choose to work from, with no brief from the employer, is a significant trend but restricted to 30 per cent of all employees surveyed.
This survey was conducted by Valuvox on behalf of Indeed among 518 employers, 655 employees and jobseekers in the month of January 2022.
For Info:
Post Omicron wave:
• 34% of the employees say they continue to work from home
• 26% say they continue to work from the office
• 16% had planned to work from office but the plans were foiled by the wave
• 75% of employers say the recent wave has affected their back-to-office plans
• 96% of IT/ITeS, 89% of Telecommunications companies most effected
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