{"id":14,"date":"2020-05-15T19:19:00","date_gmt":"2020-05-15T19:19:00","guid":{"rendered":""},"modified":"2024-01-20T11:38:21","modified_gmt":"2024-01-20T16:38:21","slug":"future-trade-offs-of-remote-work","status":"publish","type":"post","link":"https:\/\/upgrades-and-options.com\/2020\/05\/future-trade-offs-of-remote-work.html","title":{"rendered":"Future Of Remote Work (Adapt Quickly)"},"content":{"rendered":"\n
Updated: 1\/19\/2024<\/em><\/p>\n\n\n\n The future of remote work will hold both benefits and costs for an employee. These need to be explored to ensure the right balance can be found for workers.<\/strong><\/p>\n\n\n\n The future of remote work has never been brighter. As businesses around the world shift their focus to digital solutions, the ability to work remotely is becoming increasingly important.<\/p>\n\n\n\n Now more than ever, organizations need to be able to quickly adapt their strategies and operations in order to stay competitive.<\/p>\n\n\n\n This is the first installment in my in-depth series on remote work. If you\u2019d like to explore more about this topic, I encourage you to read the prior articles in this series: Maintaining Work-Life Balance in a Remote Work Environment<\/a> and Adapting To The Shift: The New Norms of Remote Work<\/a>, and The Role of 5G in Remote Work: Understanding the Technology<\/a>. I\u2019m confident these articles will provide you with a deeper understanding and practical strategies to succeed in the remote work era.<\/p>\n\n\n In this article, we will explore the advantages of remote work and provide tips on how you can easily transition your team into a remote setting.<\/p>\n\n\n\n The future trade-offs of remote work will include hybrid work environments, remote employees, and a less structured, more flexible workday.<\/strong><\/p>\n<\/blockquote>\n\n\n\n Corporations over the past half dozen or more years have been trending toward more open office floor plans<\/strong>. Millennial-friendly workspaces that allow for greater collaboration between teams.<\/p>\n\n\n\n Part of the concept was to bring in more team members into a smaller size footprint<\/strong>, in relation to traditional office space areas. This was a win for the corporation allowing them to either decrease their total space ownership or more efficiently use that space they already own.<\/p>\n\n\n\n <\/p>\n\n\n\n It can also be looked at as a win for employees, although not all employees like the open office concept, giving them a community feel. Letting them buy into the idea of teamwork, collaboration, flex schedules, etc.<\/p>\n\n\n\n Today, however, the onslaught of a global pandemic has forced corporations to adapt very quickly to remote workforces and flexible work models<\/strong>. While this may have been a trend for some corporations, not all have been prepared for the sudden shift to remote work by their employees.<\/p>\n\n\n\n This forced working remotely has also caught many employees off-guard, as they may find themselves unprepared for working at home.<\/p>\n\n\n\n For example, struggling with using video collaboration software. If they encounter problems or issues who do they turn to, they are at home by themselves. This could very easily turn the whole workday into an unproductive waste of time.<\/p>\n\n\n\n <\/p>\n\n\n\n Open office floor plans have already become the norm. Was this a mistake?<\/p>\n\n\n\n As corporations and employees alike resolve these issues, many have seen the future. Remote work is certainly becoming a more common part of the modern workplace landscape. The combination of increased productivity, cost savings, and the ability to access global talent means that businesses are increasingly turning to remote teams to meet their needs.<\/p>\n\n\n\n Many companies now employ remote workers as part of their core workforce, while others have turned to freelancers on a project-by-project basis.<\/p>\n\n\n\n In either case, the rising trend of remote work looks set to stay, suggesting that it might very well become the \u2018new normal\u2019 in the not-so-distant future.<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n Corporations recognize productivity remains at a high level, if not better.<\/p>\n\n\n\n According to Lenovo\u2019s global research<\/a>, “77% of employees feel that companies will be more open to or even encourage letting workers work remotely once we get through this period<\/em>“.<\/p>\n<\/blockquote>\n\n\n\n Of course, there are trade-offs, there is no one-size-fits-all model. Maybe that’s the beauty of it all right there, there are options and flexibility for the employee.<\/strong><\/p>\n\n\n\n Work at home, come into the office for a meeting, whatever way works for both parties.<\/p>\n\n\n\n There are options and flexibility for the employee.<\/p>\n\n\n\n According to Lenovo\u2019s global research<\/a>, “77% of employees feel that companies will be more open to or even encourage letting workers work remotely once we get through this period<\/em>“.<\/p>\n\n\n\n In any case, for a successful work-at-home model, a corporation will rely heavily on its IT staff<\/strong>. I think IT departments in every business have worked overtime during the pandemic.<\/p>\n\n\n\n They had a lot on their plate. Just some of the IT staff’s duties included revamping or updating the corporation’s webpage, ensuring the network was more robust with nearly 100% uptime, and of course, security is essential.<\/p>\n\n\n\n On top of that, they were inundated with support calls from employees.<\/strong><\/p>\n\n\n\n I mentioned security.<\/p>\n\n\n\n At the office, devices are protected behind a corporate firewall<\/a>. At home, devices log into the corporate network but they are on a potentially unsecured home network.<\/p>\n\n\n\n Data breaches and phishing scams are on the rise so employees need to be educated on the best security practices put in place by the corporation.<\/p>\n\n\n\n Will we be in open office floor plans or working at home from our spare bedroom?<\/p>\n\n\n\n According to a new report from Gartner<\/a>, “74% of companies plan to permanently shift to more remote work, as they realize cost savings associated with such a move<\/em>“.<\/p>\n\n\n\n As I mentioned above, flexibility and options are the keys<\/strong>. Employees don’t have to be in a certain location to complete their work.<\/p>\n\n\n\n Access to a robust internet connection and following the corporation’s security procedures are the requirements for the remote worker.<\/p>\n\n\n\n For instance, if necessary, an employee could work remotely for two days per week and be physically present in the office for the remaining days. This flexible arrangement allows for a balanced approach to work-life integration.<\/p>\n<\/blockquote>\n\n\n\n In addition to the Gartner report, there are a number of other statistics that underscore the rise of remote work.<\/p>\n\n\n\n Key Takeaways:<\/strong><\/p>\n\n\n\n I’ll label this a hybrid work environment.<\/p>\n\n\n\n We’re increasingly witnessing a shift towards what can best be termed as a ‘Hybrid Work Model.’ Under this model, employees have the flexibility to perform their tasks from home, another remote location, or from the traditional office setting.<\/p>\n\n\n\n The emphasis is less on their physical location and more on the quality and efficiency of the work delivered.<\/strong><\/p>\n\n\n\n As high-speed internet access becomes more prevalent and accessible, the importance of a physical workplace continues to diminish<\/strong>.<\/p>\n\n\n\n Moving forward, this flexibility in choosing one’s work location is something that employees are likely to highly value and even demand.<\/p>\n\n\n\n According to Lenovo’s recent Future of Work Study<\/strong>, the smooth transition towards this hybrid model has been facilitated to a large extent by the widespread adoption of collaboration software across all industries. Applications like Zoom, Microsoft Teams,<\/strong> and Google Meet have emerged as the most popular tools, enabling efficient remote collaboration and communication among team members.<\/p>\n\n\n\n <\/p>\n\n\n\n As companies embark on the journey towards transitioning their workforce to a remote environment, several challenges or backlashes may arise from different stakeholders, primarily employers and employees.<\/p>\n\n\n\n For Employers:<\/strong><\/p>\n\n\n\n For Employees:<\/strong><\/p>\n\n\n\n To mitigate these challenges, it is crucial for businesses to provide adequate resources, tools, and training sessions to foster a smooth transition to remote work.<\/p>\n\n\n\n This could include training on remote working tools, tips for maintaining productivity, and strategies for virtual team building.<\/p>\n\n\n\n Businesses must remember that the key to a successful transition lies in addressing these concerns proactively and fostering an environment that supports remote work.<\/p>\n\n\n\n Be sure to read my other top articles<\/span>:<\/p>\n\n\n\n Think about this shift for a moment.<\/strong><\/p>\n\n\n\n Projecting forward, there will be less ‘structure’ but at what trade-off<\/strong>?<\/p>\n\n\n\n Employees are and will be constantly connected by their phones and laptops to the corporate infrastructure.<\/p>\n\n\n\n <\/p>\n\n\n\n What initially seemed like more freedom of movement to the employee will shift to a constantly tethered employee.<\/p>\n\n\n\n This plays out in other areas of our lives too, where we are always connected and always online.<\/p>\n\n\n\n Does this shift represent a positive to corporate employees?<\/strong><\/p>\n\n\n\n The answer may vary depending on the individual. Perhaps, younger employees might adapt more readily to this new work paradigm, while older employees might display resistance.<\/p>\n\n\n\n Here are some key points to consider regarding this shift:<\/p>\n\n\n\n Companies may be using software to monitor their remote employees, but the extent of this monitoring varies from one company to another.<\/p>\n\n\n\n Some companies may use time-tracking software and task management tools to ensure that employees are getting their work done on time and meeting deadlines.<\/p>\n\n\n\n However, other organizations may take a more intrusive approach and employ software that monitors keystrokes, takes screenshots of employee screens, or records audio as employees work from home.<\/p>\n\n\n\n Whatever kind of monitoring is used by an organization, in most cases it should only be used for legitimate business purposes and with the proper permissions of all involved parties.<\/p>\n\n\n\n As I’ve said, employees gain increased flexibility in their work environment. It’s reported that productivity increases among remote workers<\/strong> and management can focus more on project results and less on hours worked.<\/p>\n\n\n\n It would seem both parties reap the benefits of the new work environment. There are always trade-offs to be made while seeking a new balance.<\/p>\n\n\n\n Remote work has its advantages for both corporations and employees. Let’s take a look at some of them below:<\/p>\n\n\n\n\n
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The Current State of Remote Work<\/h2>\n\n\n\n
The New Normal<\/h3>\n\n\n\n
The Role of Corporations<\/h3>\n\n\n\n
Corporations are encouraging their employees to continue remote working.<\/p>\n\n\n\n\n
Strains On IT Staff<\/h3>\n\n\n\n
The Future of Remote Work<\/h2>\n\n\n\n
Predictions and Statistics<\/h3>\n\n\n\n
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Additional Statistics<\/h3>\n\n\n\n
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Embracing the Hybrid Work Model<\/h3>\n\n\n\n
Potential Backlashes<\/h3>\n\n\n\n
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What Is The Cost Of Remote Work?<\/h2>\n\n\n\n
Traditionally we would go to work and essentially clock in under the watchful eye of a manager. The corporation had to know where you were and what project you were working on throughout the day. Metrics were taken to track employee efficiencies etc. It was all very structured and I think rightfully so, for the most part.<\/p>\n\n\n\n\n
Employee Monitoring<\/h3>\n\n\n\n
Pros of Working Remotely<\/h2>\n\n\n\n
Corporations also get a win as many are shedding office space which lessens their cost burden.<\/p>\n\n\n\nAdvantages of Remote Work<\/h3>\n\n\n\n
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