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Wednesday | October 28 | 2020

80% of companies believe remote work is the new norm on the labour market

Most companies (80%) respondents to PwC’s global survey ”The future of remote work” shows that adopting remote work is the new norm on the labour market, and over 53% currently have created and implemented arrangement policies in this respect.

Of the remainder (47%), more than 50% of companies anticipate that they will refine or implement a remote work arrangement policy by the end of 2020.

The top three priorities for enabling remote work arrangements are health and safety of employees (70%), enhancing the employee experience (65%) and attracting and retaining key talent (60%).

What means ”remote working”

45% of companies define remote work arrangements as employees ”working outside of their home office or work location, without any cross-border movement”. However, this is followed closely by 30% of companies defining remote work arrangements as employees working outside their home office, with both domestic and international cross-border movement anticipated and/or permitted.

Regarding the salary policy, 80% of companies are not making any salary adjustments during the remote work arrangement period. Over half of the respondents are not providing any allowances, reimbursements, or mobility support for a remote work arrangement.

The majority of companies are anticipating their remote workers will have access to an office. However, 45% of companies will not require employees to go into the office, and 21% are anticipating a hybrid approach between remote working and office workdays.

The survey was conducted on more than 300 global companies.

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