The work-from-home culture came to use globally in a mainstream manner since the onset of the COVID-19 virus. But now things are starting to change, companies are starting to enforce hybrid(partly office, partly WFH), and fully in-office models.
Boston Consulting Group has collected statistics from multiple companies in 20 different streams including IT and tech, to insurance managers.
Around 554 companies took part in this survey to determine the possible positive and negative effects of the work-from-home culture. These companies have a total workforce of 2.67 crore globally.
Between 2020 and 22, the companies that have WFH and flexible operations for employees have recorded a 21% gain in market gains and sales.
On the other hand, the companies that have hybrid and in-office restrictions have recorded just 5% progress during the said period. In comparison, companies that have a hybrid model have double the better results as the companies that have mandatory in-office culture.
This essentially means that the companies that have mandated the in-office culture have been recording the worst results while flexible and WFH companies are seeing the best profits.
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