The future of work is likely to be a mixture of work from home (WFH) and office work.
GlobalData’s Filing Analytics platform notes that ‘WFH’, ‘remote working’ and ‘video conferencing’ continue to be prominent keywords in all company filings, and, while discussions around the future of work have been on the downtrend since Q4 2020, sentiments were up 12% in Q2 compared to Q1.
Rinaldo Pereira, business fundamentals analyst at GlobalData, commented that the drop in mentions around the Future of Work is due to certain companies accepting a return to the office, while others are embracing the hybrid work style.
“Firms continue to be cautious in opening up entirely and are likely to view hybrid working as a prudent solution amid the rise of the Delta COVID variant,” he continued.
An analysis of GlobalData’s Survey database (as of 8 July 2021) reveals that 30% of the employees are willing to go back to a daily office cycle. Further, 29% prefer weekly or monthly office visits, while 21% never want to visit the office. Adding on, 44% of the respondents also experienced an increase in productivity during WFH.
“Companies have realized the need to help employees strike a work-life balance via work flexibilities to maintain high levels of productivity. Sentiment growth around the future of work reflects the same. While the belief of ‘business at the office’ persists, the trend is shifting towards a hybrid workplace,” concluded Pereira.