Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  

| More

75% of the employees today want to be in office at least once a week as compared to 52% in October 2020: JLL

Posted On: 2021-09-01 12:17:50 (Time Zone: UTC)

Employees want more balance in their working patterns, with a hybrid work model and flexibility being key. Even as the office retains its place in a working set-up being reshaped in a post-COVID world, aspirations are increasing from the modern workplace while homeworking is still preferred, according to JLL's latest Workers Preference Barometer for India.

91% of the respondents favour flexible working hours. The priorities of the workforce have undergone a shift with an empathetic employer and work-life balance being their key asks, even ahead of a comfortable salary. The pandemic has prioritized working in an environment that puts health and well-being at the forefront.

While the workforce shifted seamlessly to Work From Home (WFH) due to the pandemic for over a year now, the prolonged and enforced homeworking has brought to the fore the need to "connect' with colleagues, while more traditional levers such as 'purpose in the job' and 'visibility' are not the top priorities they used to be, finds the survey.

The social interactions that an office space provides are being sorely missed, to the extent that 41% of the workforce is craving 'real' human interactions with colleagues while 31% of them miss a change of scenery. Amongst the most missed aspects of the weekly routine, coffee and socializing in social activities, personal time for relaxing and spending time with family stand out.

India prefers homeworking, but balance in working patterns has emerged as a key theme. 79% of the workforce wants to work remotely from home at least once in a week, and this number goes up to 89% when a third-party place of work is added. An ideal working week, post Covid, seems to be one where employees spend three days working remotely and two days in office, with office remaining a key element to the aspirational working regime. According to the survey, 21% of the workforce does not want to work from home in the future, as opposed to 16% in October last year. However, flexibility is becoming more attractive. 91% of the workforce want to choose their schedules and working hours as per the latest results, up from 69% as per the October 2020 survey results.

The hybrid work environment retains its appeal, but more people want to return to the office at least once a week, says the survey findings. Almost 75% of the surveyed employees want to work from office at least once a week compared to 52% in October 2020. Significantly, still 79% employees today want to work from home atleast once a week compared to 84% in October 2020, indicating that homeworking as part of flexible work patterns is a key desire.

The survey also brings to the fore renewed aspirations from the workplace of the future. This will act as a barometer for the employers and occupiers to understand changing needs from the workplace and workplace strategies, which will provide a more balanced work-life pattern to employees as they aspire to return to purpose-led offices in the future.

"The offices of the future will have to be more human-centric, putting health and well-being at the forefront. Almost 60% of those surveyed believe that a workplace that promotes a healthy lifestyle and safety is a key priority. There is a greater understanding and need for work-life balance amongst employees now. We are also seeing the need for human connection gaining prominence amongst employees as they crave social connections and emotional engagements in the workplace. Companies will need to be mindful of the requirement for more flexible work patterns even as they are putting greater focus on the well-being of employees and extending support to help employees navigate an array of health challenges," said Radha Dhir, CEO and Country Head, India, JLL.

JLL's research shows that more than half of respondents feel overwhelmed by a huge mental load and are worried about their job security, while majority of young parents have expressed that they have many personal and professional responsibilities to cope with which is intensifying the feeling of being overwhelmed.

'Purpose-led offices' are the new future

According to the survey, 91% of employees who are highly satisfied with their office environment strongly miss their offices. However, office satisfaction rate has also dropped as employees now have renewed expectations of their office environment. While there is a dip in productivity levels at home, a significant number still feel more productive at home. But more employees are looking forward to "purpose-led offices" of the future.

"We have witnessed renewed demands of the workforce for the workplaces with employees' rising aspirations and expectations. Employees are more demanding about what the office should offer them in the future. They are looking for a working ecosystem that facilitates flexible work arrangements, physical and financial safety, and a desire for spaces that create a strong sense of community and culture," said Dr Samantak Das, Chief Economist and Head of Research & REIS (India), JLL.

"As we are emerging from the effects of the pandemic, it has become essential to create a human-centric framework and cater to employees' aspirations of a healthy and sustainable workplace while augmenting it with innovative technologies in line with the evolving needs of employees," he further added.

A global research survey of over 3,300 respondents was undertaken to create this barometer which was consolidated over time with two previous surveys over the whole year of the pandemic starting March 2020 and repeated in October 2020 and March 2021.

In India, all respondents were over 18+ and working professionals and working with companies with at least 100 employees or more. Over 90% of the surveyed were employed with private companies with big corporates comprising 70% of these and SMEs forming the rest. Additionally, quotas on age, managerial responsibilities, company size and industry were used as well to get a more homogeneous profile of employees participating in the survey.

Source: Equity Bulls

Click here to send ur comments or to

Disclaimer:The article above is a gist / extract of the original report prepared by the research firm / brokerage firm. This article is not to be considered as an offer to sell or a solicitation to buy any securities. This article is meant for general information only., its employees or owners or the research firms, its employees or owners won't be responsible for any liability that may arise from information, errors or omissions in these articles. or its employees or owners / the research firms or its employees or clients or owners may from time to time hold positions in securities referred in this article. For detailed research reports, please contact the concerned research firm directly.

Other Headlines:

Aditya Birla Sun Life AMC - IPO - Healthy Outlook with Improving Operating Efficiency - Reliance Securities

Maintain BUY on Max Healthcare - Emerges leaner and stronger - HDFC Securities

Ujjivan Small Finance Bank - Credit cost guidance reflects improving asset quality outlook - ICICI Securities

Event Update - United Breweries - ICICI Direct

IPO Review - Aditya Birla Sun Life AMC - ICICI Direct

Auto Sector Update - Will EVs impact the 'EV' - Part Deux - HDFC Securities

Automobile Sector - Monthly Quick View - Aug'21 - Mixed Performance across Segments - Reliance Securities

Axis Securities initiating coverage on ICICI Securities

Company Update - Minda Corporation - Q1FY22 - ICICI Direct

Quant Pick - PVR Ltd - ICICI Direct

Quant Pick - ONGC - ICICI Direct

Peak in the headline wholesale inflation is behind us - WPI August 2021 - Acuité Ratings

Sansera Engineering - IPO - Strong Outlook with Steady Cash Flow - Reliance Securities

APL Apollo Tubes - Journey from a semi-commodity player to a branded one - HDFC Securities

Nazara Technologies Ltd - Upbeat in medium-term, Uncertain over Long-term - YES Securities

IPO Review - Sansera Engineering Ltd - ICICI Direct

Overall index is still 0.3% lower than the pre-pandemic levels - IIP July 2021

YES SECURITIES on Monthly General Insurance & Mutual Funds Data

India urban logistics spaces expected to cross 7 million sq. ft by 2022: JLL

Neogen Chemicals - Breaking into the next orbit with a bang - HDFC Securities

Gladiator Stocks - Bharti Airtel Ltd - ICICI Direct

Gladiator Stocks - V-Guard - ICICI Direct

Balkrishna Industries - Industry export growth accelerates - ICICI Securities

HDFC Life Insurance - Exide Life Acquisition - Maintain ADD - YES Securities

Gladiator Stocks - Grindwell Norton - ICICI Direct

Gladiator Stocks - Godrej Properties - ICICI Direct

Monthly Auto Volumes - August 2021 - ICICI Direct

Stock Tales - Easy Trip Planners - ICICI Direct

IPO Review - Vijaya Diagnostic Centre Ltd - ICICI Direct

AU Small Finance Bank - Attrition at top level remains key challenge; business momentum sustained in Jul/Aug'21 - ICICI Securities

Gladiator Stocks - State Bank of India - ICICI Direct

Gladiator Stocks - PNC Infratech - ICICI Direct

Vijaya Diagnostic Centre Ltd - IPO Note - YES Securities

Consumer Durables Sector - Lockdown mars performance yet again - Institutional Research Desk at HDFC Securities

Gladiator Stocks - Safari Industries - ICICI Direct

Gladiator Stocks - Interglobe Aviation - ICICI Direct

IPO Review - Ami Organics Ltd - ICICI Direct

Q1FY22 GDP - 31st Aug 2021 - Acuité Ratings & Research

Avanti Feeds - Higher input prices hurt margins - ICICI Securities

Company Update - Restructuring - Aarti Industries - ICICI Direct

Q1FY22 Company Update - MM Forgings - ICICI Direct

Company Update - Arvind Fashions - ICICI Direct

Zomato - Can margins and multiples surprise? - ICICI Securities

Ujjivan Small Finance Bank - Top management change and lumpy provisioning concern to weigh on valuation in near term - ICICI Securities

Bharat Dynamics - Guided missile systems to drive orderbook and profit growth - ICICI Securities

Economy - Continued accommodation necessary despite inflationary risks: MPC minutes - ICICI Securities

InterGlobe Aviation - Annual report analysis: Liquidity management remains the mainstay in anticipation of traffic recovery - ICICI Securities

General insurance - Health remains dominant growth driver; Strong all-round performance by Bajaj Allianz - ICICI Securities

Earnings Wrap Q1FY22: Resilient earnings, limited impact of second Covid wave - ICICI Direct

Fine Organic Industries Results Review - In-line performance - HDFC Securities

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020