Monday, October 19, 2020

Full form of WFH

Full form of WFH is Work from Home.

Work from home is not a new thing. Before industrial revolution, different type of works in manufacturing sector were being done at home as there were no factories where it could be done centrally. After industrial development, working at a common location, having all sorts of facilities, started which resulted in a more productivity and hence it became popular around the globe.

Before spread of coronavirus also, work from home was being done by some organisation of private sector for few days in a month to get the employees familiar with this if situation demanded in case of emergent situation. But after months long lockdown due to coronavirus, most companies/organisations ordered their employees to work from home to avoid gathering in office. Even government departments in India also ordered certain employees to work from home.

Employees are saving on costly city-centre lunch breaks, and employers are cutting costs on office supplies. So far so good, but as per a new Microsoft study, telecommuting might be hindering workers' creativity, getting in the way of innovative new ideas that businesses desperately need to succeed.

The survey of 9,000 managers and employees across 15 European markets, and it starts with some good news. When pandemic started, many companies worried that remote working would be detrimental to productivity, the opposite trend has emerged: an overwhelming 82% of senior executives reported that their productivity levels is either steadily or increased as a result of telecommuting.

A global survey found that 52 per cent employees and 64 per cent C-suite executives interviewed in India prefer to continue with the new ways of doing business or work.

The survey was conducted during September 1-10 among 900 C-suite executives and 8,100 office professionals from companies of 500 or more employees in countries including the US, the UK, France, Germany, Ireland, Netherlands, India, Japan, Singapore, Australia, and New Zealand.

In India, The Work Survey was conducted among 100 C-suite leaders and 1,000 employees from various industries, including manufacturing, healthcare, financial services, telecommunications and public sector.

Further, the survey showed that in India, this is strongly appreciated. Both executives (69 per cent) and employees (55 per cent) interviewed acknowledge the need for further investment as the top priority for organisations seeking to leverage any pandemic-induced cost savings.

There is likely to be funds for this purpose, with 91 per cent of India's executives interviewed agreeing that cost savings will be derived by changes to company operations, brought on by COVID-19, it added.

Switch to remote working caused by the global pandemic has certainly come with a set of challenges for employees, who found themselves engaging with day-to-day work in settings ranging from unconventional to uncomfortable.

Positive side of work from home for employees is that they are giving more time to their family which of course resulted in a strengthening of relationship with their family members. At the same time, they have flexible working hours which is also they enjoy most as they can plan their office work in a better way.

Negative side of work from home is that in a situation where they require assistance from colleague & seniors, sometimes work is being delayed as they have to depend upon the telecommunication system too much whereas in office assistance can be given to an employee instantly.

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