Attending a Company conference call while making white sauce pasta for your spouse or getting a head massage while you send an email updating your supervisor? Sounds appealing right? Let's not get too excited already. While work from home has its own perks, the cost we pay inadvertently always outruns the perks. A Scottish bank in gurgaon spends between 2-3 lacs per workstation. Possibly twice or thrice of the salary of the employee occupying that workstation. That 'a significant amount of saving if that employee is working remotely and it doesn't end here. Transportation, administration, energy & other cost associated with that one workstation contributes significantly to the company's cost reduction program.
Bigger organizations run with their core values and their embedded culture. The technology revolution allows employees to virtually work from anywhere in the world but also scatters its workforce making it difficult for the employees to honor the core values of the Organization. Productivity is derived from teamwork, motivation, and collaboration. It doesn't really work well when we all are working from different parts of the world virtually connected.
Another aspect is when we are remotely connected, we talk when we need to. That leaves an immense void for ideas to prosper because you are no longer talking during lunch, you no longer share pop-up ideas you get while in the lift or crossing someone in the hallway. It's a huge aspect that may get overlooked while choosing financial gains.