The report offers some interesting findings regarding remote work. It notes that the finance, management, professional services, and information sectors are the industries most likely to continue with at least partial remote work, at least in the United States.
McKinsey suggests that executives anticipate operating their businesses with a hybrid model of some sort, with employees working remotely and from an office during the work week. JPMorgan already has a plan for its 60,950 employees to work from home one or two weeks a month or two days a week, depending on the line of business.
The potential for long term remote work is vastly different between more advanced economies and emerging economies. In more advanced economies, with better internet connectivity and infrastructure, remote work is expected to be a part of companies’ long term planning, including a reduction of office space and more technologies deployed to enable successful remote work.
This is especially applicable in the finance and insurance industries, as well as other computer based professions like market research, where workers can work from home with no productivity loss, i.e. there are minimal impediments to them getting their jobs done remotely.
How Does Remote Work Affect Productivity?
Is remote work good for productivity? Some 41 percent of employees who responded to a McKinsey consumer survey in May said they were more productive working remotely than in the office, with the number of people saying they worked more productively increasing to 45 percent from April to May. With nine months of experience under their belts, more employers are seeing increased productivity from their remote workers.
The Industries Most Well Suited To Work From Home Also Face The Biggest Security Risks
Companies in the financial and insurance fields have access to huge amounts of personal data, and sensitive corporate assets. While workers may be moving to remote work models, the IT and Security management in these companies need to guarantee that these sensitive assets cannot be exposed to security risks. This may mean setting up different desktop security solutions to keep data secure, and these solutions can often affect worker productivity, with different websites, applications or devices like USBs being blocked or inaccessible.
Source: Security Boulevard
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