JP Morgan, for example, reported a fall in productivity amongst staff in September of last year. Will Ditching the Office Make Us Better Workers?ĭespite these statistics, scepticism about the true benefits of flexible and remote working is still common across various industries. Last year, California-based company Prodoscore compiled data from 30,000 workers and found that productivity had increased by 47% in March-April 2020 when compared with the same period in 2019. Since the pandemic began, a huge amount of research has been conducted by both academics and businesses on the topic of productivity. “Opportunity will spread far beyond exclusive urban clusters.” “Companies will grow stronger as they integrate dispersed talent with diverse perspectives,” Houston told CNN. Houston also suggested there would be benefits for employers, including the fact that businesses will no longer have to restrict recruitment to the city where their offices are based. “The workplace will now be wherever work happens, and the workweek will be whenever work happens best for each person,” Drew Houston, Dropbox CEO.
Companies will have to trust their employees are completing tasks to a sufficient standard, but on the other hand, employees will also be held increasingly responsible for their output outside of the office. Staff have gained more control over their work schedules since the pandemic began, and can now avoid making the ‘gruelling commute’ into the office every day, the Dropbox chief said. He suggested this could be the biggest change to ‘ knowledge work’ – jobs requiring employees to think for a living, from computer programmers to lawyers – since the term was first coined in 1959.
In an interview with CNN, Houston dubbed the 40 hour working week an ‘artifact of factory work’ soon to be phased out. Is the ‘Normal’ Nine-to-Five Now Obsolete? But other firms are far from convinced of the benefits of home, remote and flexible working. Thousands of companies are currently weighing up whether to move back into physical workspaces Microsoft recently announced that it had postponed plans to return indefinitely due to COVID-19 concerns.ĭropbox has taken the plunge and is now a permanently remote company. His comments are the latest contribution to the ongoing debate about the future of work and how productive employees can be outside of the office.
The traditional 40 hour working week is all but dead and will quickly become a ‘thing of the past’ according to Dropbox co-founder Drew Houston, who claims the impact on his industry “will be comparable to the rise of mobile and the cloud.”
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