Tuesday, August 9, 2022

Telcos, consultancies bring workers back to offices, even when techs stay at home

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  • Most telecom and consultancies have witnessed the highest percentage back to office with 75-100% of their workforce working from the office or in a hybrid mode.
  • IT and new technology companies have the lowest return on investment at the office, with less than 25% of their workforce returning to the office.
  • Only about 35% of companies across industries started 75%-100% of their teams in the office.

Most telecom and consulting firms have witnessed the highest return to office rate, with 75%-100% of their staff working from the office or in a hybrid mode. A recent report from necklaces and awfisreleased on August 4, noted that 60%-70% of telecom and consulting firms have started this trend.

The return rate to the office was highest among telecom and consulting firms, and lowest among IT and new technology companies, with less than a quarter of their workforce returning to office space.

The report also noted that one in two employers prefer a hybrid workplace, where employees can choose to work from home or in the office. This is mainly because employers are now increasingly prioritizing employee convenience and their overall well-being.

The Colliers-Awfis joint report — based on the responses of 150 C-Suite executives from various companies with a workforce of up to 10,000 people — examines the status of return to work across industries.

“The research has made it clear that a distributed workplace strategy is the best choice for users in this new era of experiential workplaces as users emerge from the aftermath of the pandemic. Flexible workspaces are especially leading this growth, as users from different sectors house teams in flex centers in cities,” said Ramesh Nair, India CEO and MD of Asian Market Development at Colliers.

Overall, only about one in three (35%) companies across industries have initiated work from the office for 75%-100% of their teams. At the same time, 74% of companies view distributed workplaces as a strategy to move from location-centric to people-centric workplaces, enabling flexibility for employees. Going forward, 77% of users will include flexible workplaces as part of their workplace strategy, Awfis founder and CEO Amit Ramani said in a statement.

About 90% of e-commerce and consulting industry users are likely to include flex space in their current portfolio, said Vimal Nadar, senior director and head of research, Colliers India.


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