The covid-19 pandemic situations are spreading worldwide and have taken the entire world in its grasp. The working sectors are governmental or public; all are affected by its strike. With the initiation of home working, the IT sectors have gained both advantages and disadvantages. The lockdown situation has introduced a new term, “work from home.”
As the COVID-19 is a contaminating virus; consequently, the work from home was the only option for the IT owners. Keeping in mind the health and regular working, the IT companies have saved millions of lives using “home working.”
Advantages of Working from Home
Prior to the COVID-19 virus, the work from home method was just an idea jotted down on a white paper, but the corona situations have made it possible. In this method of home working, the work-life balance increased the flexibility of life, and therefore the employees are in a position where they can manage every aspect. There is a business that shows the increase in the revenue stats.
IT companies manage both safeties and work in a practical way that keeps their employees safe and sound. If the employees are secure, they can automatically provide their work from home through their personal computers. It means that they are fit enough to provide everyday work without any failure. Now let’s get to the advantages:
1. Hassle of Transportation
Daily transportation is one of the most significant and prime time-consuming periods of a working man. More than half of life is spent commuting from home to office, and on top of it comes the daily traffic.
Employees need to leave their house 2 to 3 hours before the office timing; otherwise, they will be late for their job and result in a deduction of salaries. The work from home is so significant that the employees can easily tackle their household courses and have extra time for their children. It renders the flexibility in the daily job and enhances their love for the job; therefore, happy employee means better quality of the job.
2. Agility in Life
A working man needs to assign 4 to 5 hours before reaching the office. It includes getting up in the morning, doing necessary house courses, arranging everything for office needs, leaving the house 2-3 hours. With the introduction of work from home, all these hassles of life do not exist. They can quickly provide quality time to their loved ones and carry out their work from the ease of vacation.
With all these positive aspects of life, the employees can work for the companies late or even earlier. This enhances the productivity of the companies without even paying extra credits to them.
Prior to the coronavirus, life was included in the work, but the work has been included in life with this ongoing situation. There is no need to get up early from bed in the morning and prepare for office hours. Even the employees’ partners need to provide a helping hand and help them prepare food and arrange the office needs.
3. Introduction of New Talents
The method of home working is acting as an incentive for newcomers in IT companies. There are lots of fresher who need a job to meet their monthly needs. Some are still studying in institutes but need the incentive to carry out their courses.
With the introduction of new talents, the IT companies will gain much more working skills, a new way of enhancing the business, and a drive for working overtime.
Some companies are already letting their staff work from home, and they are enjoying the positive aspects of this situation. If you include work from the home method in your IT firms, it is sure that you will have each bit of profit, and will also give a competitive advantage. Otherwise, just as another business in the market, it will have a huge downfall.
4. Employee Retention
The retention of employees in the IT firm is one of the top-most priorities that every company must provide. Rendering knowledge and experience to an employee from where they will give positive returns is every IT company’s aim.
They provide their employees to correct a piece of knowledge that will help the parent company, but all are in vain if they leave for some other. It means now your competitors will enjoy the experience of your staff.
Work from home will help them trust the employer, and therefore they will keep on working for your company. All IT firms invest in their employees at the beginning and make them capable enough to take the company to heights.
Therefore IT firms always ask for experienced staff to work for them. In the same manner, this process will enhance the employees’ loyalty, and they will render their best service to companies. So if you have not included work from the home procedure in your companies, it is high time to do so.
5. Enhanced Trust on the Employees
Trust is the most critical factor in any business or IT firm, as the employees are the best man forward in the line. Introducing the home working method will ensure the employees’ trust, as there will be no one present to monitor them. As the employees will not be any under any direct control of the employer, it will enhance autonomy, and they will give their best service.
The trust from the employer’s part helps employees motivate and focus on their work; even extra time is needed. During a regular period, the employees need to leave the office for home, and it is not possible to hold them back after a tiresome day. Here the employees are in a comfort zone and can work efficiently for overtime without any complaints.
6. Financial Benefits to the Company
No office days mean any use of office premises, electricity, appliances, and other payable utilities; otherwise, the office needs to calculate a large number of monthly expenses. The only cost left is the employees’ salaries; this saves most of the charges, and the owner is left with a massive amount of revenue after the end of the month. The revenues will help the company hire new talents; increase the business line and the work facility.
In this situation, several employees do not have their jobs because the companies cannot include the home working process. All the employees are either shifting to a different company or making their business. IT companies who do not include this work process will find troubles in hiring the employees as they will not have their trust and morality. So it is essential to include home working in every IT company.
Disadvantages of the Working from Home
With the advantages, it brings in the disadvantages of working from the home procedure. Here are some of the disadvantages the IT firms are experiencing with their employees.
1. Home Working Cost
The first and foremost disadvantage of home working is the cost of working from home. All the IT firms render knowledge and a certain amount of pieces of equipment to their employees.
Now the firms need to provide each of their employees with suitable kits in their homes to offer dauntless work. Providing each employee with types of equipment requires a considerable amount of money, and therefore it increases the expenses of IT firms.
Working for IT companies means constant use of the internet, as most of the works are based on online platforms. It means the companies need to pay for the internet bills to their employees besides types of equipment. It is seen that all these piles up and enhances the cost of regular work to a certain extent. Therefore the value of working from home is one of the main disadvantages for IT firms.
2. Problems in Monitoring Employees
The next big problem for the IT companies in including this process is monitoring each employee and their performance. Specific work needs direct guidance from the employer to maintain the top-notch content, but it is not possible in this home working process.
An employer cannot reach out to their group of employees as managing their work from a distant place is impossible. It can enhance the deterioration of the quality of work.
As all employees are not the same, they need the direct guidance of their superiors in everyday work, but the COVID-19 situation has cut down the normal process. It leads to the work loss of a particular group of employees.
3. Lack of Security
For any IT company, information is of the utmost importance. When the employees are working from home, they have direct control over the information. Any misplace or leak of information will lead to competitive disadvantages for the company.
Knowing the strategies of other companies will provide a fall of an individual firm, and therefore the work from the process is not suitable for IT firms.
4. Difficulties in Communication
IT firms find it difficult to communicate with their employees at time when they need the most. Due to the obstruction in a sound communication the firms cannot get the best and needed services from their employees. Therefore the quality of work is degrading day by day.
These are some of the advantages and disadvantages of “work from home” in IT companies. Owners of the firm need to provide more for their daily work and think about their information security. But this will enhance the morality of the employees and will render their best. Most of the companies are already looking to bring a change in their working procedure and introduce work from home permanently from their home.