Work From Home (WFH)

 What is WFH?

WFH is an acronym for “work from home”, which describes a modern working arrangement where employees perform job responsibilities remotely, typically from their own homes instead of an office. It offers flexibility, improved work-life balance, and cost savings for employers. 

The following synonyms can be used interchangeably with WFH: 

• Work from home
• Working from home
• Telecommuting
• Remote work
• Working remotely
• Virtual work

The rise of WFH

There is no doubt that work-from-home (WFH) arrangements are a popular way to work. This could be because of the economic problems caused by COVID-19, the ease of access to technology, or just a change in how people feel about work culture.

The idea of working from home (WFH) has gone from being just a trend to a way of life and a necessity for many people as our ideas about what it means to "work" change. The usual way of working has been changed by the ability to do work-related tasks effectively from home.

As per a recent McKinsey survey, 58% of employed individuals, equivalent to 92 million people from various job sectors, now have the opportunity to work remotely for all or part of the week. This finding comes after more than two years of observing remote work and predicting that flexible working would continue even beyond the COVID-19 pandemic.

Challenges of WFH

While offering numerous benefits, working from home also presents several challenges that individuals and organizations may face. 

According to Forbes, 40% of employees do not have a dedicated workspace, 20% work from their living rooms, and 30% encounter various challenges while working remotely.

Advantages of WFH

Disadvantages of WFH

Reference

What is WFH? (2023, November 9). WalkMe^TM - Digital Adoption Platform. https://www.walkme.com/glossary/wfh/#:~:text=WFH%20is%20an%20acronym%20for,and%20cost%20savings%20for%20employers.

Americans are embracing flexible work—and they want more of it. (2022, June 23). McKinsey & Company. https://www.mckinsey.com/industries/real-estate/our-insights/americans-are-embracing-flexible-work-and-they-want-more-of-it

https://carajput.com/blog/wp-content/uploads/2020/09/advantages-working-from-home-1.png

Disadvantages of Working from Home. (2022, October 1). Collidu. https://www.collidu.com/presentation-disadvantages-of-working-from-home

[online] [Accessed 02 April 2024]