A report by IWG plc, formerly Regus, a multinational company that specialises in providing workspaces, in its report [PDF] has stated that a whopping 50 per cent of employees in India work from home, while in a developed economy like UK (United Kingdom), the figure is as low as 15 per cent.
The recent advances in technology like super fast internet speeds and a better suite of software products has made this workspace revolution possible. Many investors are sold on the idea and WeWork, co-working startup, is valued massively at $20 billion.
The report also states that 54% of employees worldwide now spend half the week working somewhere other than their company’s main office locations, this is because they have moved away from traditional models of commuting.
This trend for remote-working augurs well for India as this would lead to decongestion in cities as employees could live further away from the central parts. This could also be an eco-friendly measure as pollution levels could nosedive with people cutting on work-related transportation.
Remote-working could also make workers productive and help cut down on non-working hours. According to the US Census Bureau, an average US worker took 26 minutes to travel to work and the commute-time has been getting longer over the past few decades.
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