Ho-Ho-Home Working!

Posted on 1st December 2020 by Streets -  What's trending?


Image to represent Ho-Ho-Home Working!

To say it’s been a funny old year would perhaps be the understatement of 2020! Whilst many industries have suffered tremendously during the pandemic, others have thrived. Working from home has become the new normal for thousands of employees and many organisations have found themselves needing to be more flexible and agile in the way they operate than they perhaps ever imagined… or indeed ever intended to be. 

But what is the future of home working? Are we ready to ditch office life as we move into 2021? Have we hung up our suits and office attire for the long term?

As an Independent HR Consultant, I speak to many organisations and employees and a big topic of conversation this year has been working from home and both the positive and negative impact this might be having and could continue to have.

Companies who may have previously been reluctant to encourage working from home are certainly seeing the benefits and many organisations have announced that they intend to maintain the flexibility of remote working moving forward. There has certainly been an increase in the number of flexible roles which consider applicants who have a desire to work from home. This allows for your candidate pool to be opened up nationally, and even internationally in some cases, meaning you now have access to the world’s top talent at your fingertips.

Organisations are also considering how the move might have an impact on their property overheads and associated costs. With less people in the office on a regular basis is there a need to have a property at all? There is also the consideration to the environment with less commuter traffic on the roads and how each organisation could contribute to the global need to act on climate change.

All this is well and good but how is this affecting employees? From speaking to a number of ‘new’ homeworkers it seems this is a mixed bag. Many have enjoyed the additional time not having to commute has given them. It allows flexibility to achieve the work / life balance that has before felt like an unachievable desire. More employees are able to pick up children from school and have family dinners due to the additional time afforded by the lack of commute and the ability to work more flexibly in relation to start and finish times.

However, on the flipside many employees feel like they now live in the office. They find it difficult to switch off when work is only ever a few feet away and the laptop light is shining its torch down the hallway – and that’s those who are fortunate enough to have a home office. Many are working from dining tables and in communal living areas which is clearly less than ideal.

Communication is also a challenge and there is now a new term of ‘zoom fatigue’ which many are facing. Increased email communications have also left a feeling of a lack of clarity and a difficulty building longer term relationships.

Line Managers have also had to manage differently, and many have not been equipped to manage this transition from managing ‘hours in the office’ to managing delivery and outputs.

There are also many other considerations such as employee engagement, well-being and an organisations data protection and security.

So, is homeworking a short-term fix during a pandemic, or can the challenges be overcome to move to a new world of work? Or is there a balance to be struck between remote and office working?

Whatever your thoughts on the subject, it can’t be denied that 2020 has certainly made a change to how and where we work and that consideration needs to be given to the way we work moving forward in 2021 and beyond.


No Advice

The content produced and presented by Streets is for general guidance and informational purposes only. It should not be construed as legal, tax, investment, financial or other advice. Furthermore, it should not be considered a recommendation or an offer to sell, or a solicitation of any offer to buy any securities or other form of financial asset. The information provided by Streets is of a general nature and is not specific for any individual or entity. Appropriate and tailored advice or independent research should be obtained before making any such decisions. Streets does not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of obtaining Streets' visual or audible content.

Information

The content used by Streets has been obtained from or is based on sources that we believe to be accurate and reliable. Although reasonable care has been taken in gathering the necessary information, we cannot guarantee the accuracy or completeness of any information we publish and we accept no liability for any errors or omissions in material. You should always seek specific advice prior to making any investment, legal or tax decisions.


Expert insight and news straight
to your inbox

Related Articles


Budget 2024: Changes to the Non-Dom Regime and their Implications

In the wake of the Budget 2024 announcements, significant changes to the UK's non-domiciled individual (non-dom) regime are on the horizon, with scheduled implementation for 6 April 2025. However, uncertainties loom, especially considering the potential shift in political power after the next General Election. While the outlined reforms ...


How do you avoid financial forecasting that ends up with rain instead of sunshine?

Financial forecasting can often feel like the weather forecast, financial predictions not always being as rosy as planned, or in many cases, as hoped - a bit like the weather whilst sunshine is predicted rain all too often can be the outcome.  Whilst many businesses will look to ...


Working Capital Cycle

The longer the working capital cycle, the more time it takes for your business to get a robust cash flow. It’s good practice for businesses to manage their cycle by looking at each step where possible. This could be by selling stock or product quicker, collecting monies owed ...


You might also be interested in...