Etr, Productivity, U.S.-Based Enterprise Technology

Etr, Productivity

Permanently remote workers seen doubling in 2021 due to pandemic productivity: survey

Permanently remote workers seen doubling in 2021 due to pandemic productivity: survey

22/10/2020 9:14:00 PM

Permanently remote workers seen doubling in 2021 due to pandemic productivity: survey

The percentage of workers around the world that is permanently working from home is expected to double in 2021 as productivity has increased ...

BusinessThe percentage of workers around the world that is permanently working from home is expected to double in 2021 as productivity has increased during the coronavirus pandemic, according to a survey from U.S.-based Enterprise Technology Research (ETR).

FILE PHOTO: People practice social distancing inside an elevator prior to arriving to their workplaces at World Trade Center, in Colombo, Sri Lanka May 11, 2020. REUTERS/Dinuka Liyanawatte/File Photo23 Oct 2020 01:45AMShare this contentBookmarkNEW YORK: The percentage of workers around the world that is permanently working from home is expected to double in 2021 as productivity has increased during the coronavirus pandemic, according to a survey from U.S.-based Enterprise Technology Research (ETR).

ETR in September surveyed about 1,200 chief information officers from around the world across different industries.AdvertisementAdvertisementThe CIOs also expressed increased optimism about business prospects in 2021, as they see an increase in tech budgets by 2.1per cent, compared with a 4.1per cent decline this year due to the lockdowns triggered by the pandemic.

The survey said information technology decision-makers expect permanent remote work to double to 34.4per cent of their companies' workforces in 2021, compared with 16.4per cent before the coronavirus outbreak, a result of positive productivity trends.

About 72per cent of their companies' total global workforce is currently working remotely, according to the CIOs.Of the more than 1,000 CIOs interviewed for the survey, 48.6per cent reported that productivity has improved since workers began working remotely, with only 28.7per cent of respondents indicating a decline in productivity.

AdvertisementAdvertisementIT divisions in telecommunications, financials and the insurance sector reported large productivity boosts, whereas there has not been much benefit in energy, utilities, and education sectors."The productivity metric is proving that remote work is working," Erik Bradley, chief engagement strategist at ETR, told Reuters in an interview.

"So we all thought that there would be some increase in permanent remote work, but we didn't expect that to double from pre-pandemic levels. There would be huge ramifications of this in a lot of areas, whether that is real estate, retail, restaurant or transportation."

The survey also showed that more CIOs were upbeat about next year's outlook. They are optimistic that IT budgets will increase, that they can reduce hiring freezes, and that they will be able to start doing IT projects again.(Reporting by Gertrude Chavez-Dreyfuss in New York; Editing by Matthew Lewis)

Read more: CNA »

Grace Fu on why she hopes to be a climate change champion | EP 14

She took over the newly formed Ministry of Sustainability and the Environment in July. Four months into her new role, Ms Fu talks to Jaime Ho about why sustainability will be at the heart of government policies and why shifting towards sustainability is less of a choice than a necessity for Singapore today.

Amazon extends work from home option till June 2021Amazon.com Inc on Tuesday told employees whose work can be done from home that they can do so until June, extending the timeline on a return to ... this is where everyone should be

COVID-19 pandemic speeds labour shift from humans to robots, WEF survey findsRobots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the COVID-19 pandemic accelerates changes in the ...

Covid-19 pandemic speeds labour shift from humans to robots, WEF survey findsA WEF study says robots will destroy 85 million jobs over the next five years.. Read more at straitstimes.com. good luck human! So the unemployment rate in PRC will surge! The largest economy of the world will shrink! ‘Good’ for the devil which spread the virus! Those who intent to harm others will eventually hurt themselves!

ILO says garment industry should do more to help workers hit by COVID-19 pandemicILO says garment industry should do more to help workers

14 South Korean delivery workers die because of pandemic overwork: Union

Cathay Pacific to cut 5,900 jobs, end Cathay Dragon brand due to pandemicHong Kong's Cathay Pacific Airways Ltd said on Wednesday it would cut 5,900 jobs and end its regional Cathay Dragon brand as it grapples with a ...