Remote work – where do we stand?

Full remote work over the past few years has gradually been replaced by a hybrid solution, which raises some queries upon how companies long-term productivity will be affected. While a more flexible choice such as remote work is considered, the hybrid option has advantages for both sides (company and worker). This seems to be the ideal scenario since it allows team physical collaboration and reduces time and travel expenses. Therefore, increases productivity in most cases.

The hybrid option has become increasingly popular and sought by new generations, because it offers greater possibilities regarding personal and professional life balance without losing teamwork spirit and sense of responsibility achieved through in-person interactions.

According to Nicholas Bloom, economist , working from home can be equivalent to increase salry upon 7/8% for individuals who choose remote or hybrid work, depending on their frequency regarding office visits. However, not all opinions are aligned, for instance JP Morgan CEO, Jamie Dimon, believes that a remote work strategy is not suitable for the organisation, emphasising the importance of in-person collaboration.

One possibility for diverse opinions lies in issues related to company culture, learning processes and employee engagement. Business leaders believe that it is essential to share company values and methods, which can be challenging in online processes.