April 27, 2022

Long-COVID Risk Impact on The Future of Work

Long-COVID Risk Impact on The Future of Work

Two years of the global COVID-19 pandemic forced many organizations to operate remotely — with the majority of knowledge worker employees working from home. While the virus evolved into new variants, some business leaders were already contemplating a ‘return to office’ scenario.

Clearly, some leaders struggle to understand what their employees want, and how to support them to do their jobs in the most safe, productive, and satisfying way. However, the predictable significant increase in employee resignations should help them to reconsider.

Future of Work Solutions Market Development

IDC recently published results from a survey of the Asia-Pacific (APEJ) region, which provides insights for companies to understand their workforce and how to accommodate them to ensure the best productivity and business continuity.

“Great Resignation is the latest buzzword. As employees reassess their current employment, talent retention is a top business agenda item for organizations,” said Deepan Pathy, senior research manager at IDC.

To successfully compete and thrive in the labor market and retain the best talent, leaders need to deliver an enhanced employee experience — one that focuses on providing flexibility, well-being, and safety of employees. That is the key to building a more empowered and motivated workforce.

Employment flexibility and sustained productivity continue to be the strongest employee sentiment in the Asia-Pacific region. 

IDC research reveals that 56 percent of the employees in the region want flexible work with options to work both in the office and remotely, even beyond the end of this pandemic (whenever that occurs).

Furthermore, IDC data shows that more than 70 percent of the employees said their productivity was higher or at least at the same level compared to pre-pandemic. Avoiding the commute to an office has been a great enabler.

Despite sustained productivity, while working remotely, IDC’s latest survey reveals that Asia-Pacific employees felt they needed to overcome various technological challenges around access, tools, apps, data, and networks.

The top five technologies that employees believe will support their productivity include moving data and applications to the public cloud, collaboration tools, connectivity or broadband solutions, 5G wireless connectivity, and on-demand remote IT support.

According to the IDC assessment, health and safety are among the top concerns for Asia-Pacific employees when considering a ‘return to office’ request, even as most companies are mandating employee vaccination (there are some exceptions granted, which create uncertainty and fear).

So, a vaccination mandate alone is not enough for a safe office environment — companies need to rethink their office spaces to ensure they meet all employee needs for ongoing personal safety.

Outlook for Future of Work Apps in Asia-Pacific

Smart office technologies such as temperature sensing, upgraded ventilation, contactless sensors, touchless fixtures, robotic cleaning, and smart meeting room management are examples that can help. However, there’s no guarantee that all employees will comply and follow the new safety standards.

That said, the troubling rise of long-COVID — or post-COVID — is a wide range of new, returning, or ongoing health problems people may experience that now has healthcare policymakers concerned. Furthermore, the employer liability risk is unclear if employees become infected while mandated to return to an open office environment.

Beyond the legal ramifications, there are moral issues associated with forcing employees to enter an office and work in close proximity to others who could be asymptomatic carriers of a new COVID variant. Clearly, the decision to ‘require’ employees to work in an office setting is highly controversial.

An increasingly competitive market for skilled and experienced digital transformation talent has many CEOs now worried that they may not have access to the IT resources needed to complete new projects. Growing demand for key roles has raised salary and bonus expectations among the most qualified.  Furthermore, Information Technology (IT) staff members are more inclined to quit their jobs than employees in other functions, with a 10.2 percent lower ‘intent to stay’ than non-IT employees — that’s the lowest out of all corporate functions, according to the latest market study by Gartner. And, it has become a worldwide challenge. Gartner surveyed 18,000 employees globally during the fourth quarter of 2021 — including 1,755 employees in the IT function. Responses were collected monthly across 40 different countries in 15 languages. IT Talent Recruitment and Retention Challenges “While talent retention is a common C-level concern, CIOs are at the epicenter, with a huge chu
More forward-thinking CIOs and CTOs are focused on the adoption of the Internet of Things (IoT). Management challenges are top of mind for those who have already deployed a large number of sensors and associated network edge devices. Device management services are evolving in response to a greater breadth of new device technologies such as edge intelligence and related connectivity solutions, as well as the customer scalability and security of IoT deployments. But forward-looking suppliers are also preparing for a world where 41.3 percent of the connected devices will be using some form of Low Power Wide Area (LPWA) technologies by 2026. IoT Device Management Market Development Since IoT customers increasingly need to manage a larger fleet of connected devices, ABI Research now forecasts that IoT device management services will exceed $36.8 billion in revenues by 2026. Standardization is beginning to play a bigger role in device management services, as more connected devices use LPWA t
The forward-looking CEO’s commitment to ongoing investment in Information Technology (IT) is persistent. Worldwide IT spending is forecast to total $4.4 trillion in 2022 — that’s an increase of 4 percent from 2021, according to the latest worldwide market study by Gartner, Inc.   “This year is proving to be one of the noisiest years on record for CIOs,” said John-David Lovelock, vice president at Gartner . Regardless, digital transformation remains a high priority across the globe. Geopolitical disruption, inflation, currency fluctuations, and supply chain challenges are among the many market volatility factors vying for attention, yet contrary to what Gartner saw at the start of 2020, enterprise CIOs are accelerating IT investments in 2022. Digital Transformation Market Development As a result, purchasing and investing preferences will be focused on areas including data analytics, cloud computing, seamless customer experiences, and IT security. Inflation impacts on

Published at Mon, 25 Apr 2022 12:03:00 +0000

TAGS:

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *