Impact of Teleworking and Remote Work on Business: Productivity, Retention, Advancement, and Bottom Line

Impact of Teleworking and Remote Work on Business: Productivity, Retention, Advancement, and Bottom Line

Indexed In: SCOPUS
Release Date: April, 2024|Copyright: © 2024 |Pages: 311
DOI: 10.4018/979-8-3693-1314-5
ISBN13: 9798369313145|ISBN13 Softcover: 9798369346693|EISBN13: 9798369313152
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Description & Coverage
Description:

The surge in remote and hybrid work arrangements has sparked a paradigm shift in the employment ecosystem. While remote work offers employees the coveted flexibility and freedom from daily commutes, it also introduces challenges such as isolation, reduced visibility, and questions about productivity. Impact of Teleworking and Remote Work on Business: Productivity, Retention, Advancement, and Bottom Line delves into the multifaceted impact of teleworking on businesses, exploring how different organizations grapple with these challenges, drawing on the experiences of industry giants like Google and IBM. It carefully dissects the advantages and disadvantages of teleworking, addressing distractions, cybersecurity concerns, and the polarized nature of remote work across global and skill dimensions.

The book presents an exploration of solutions tailored for diverse stakeholders. From strategies to enhance employee productivity and maintain confidentiality to fostering human connections and tackling the challenges faced by new hires, each chapter offers actionable insights. Employers, employees, and management teams will find guidance on creating a collaborative and innovative remote work culture, mitigating distractions, and striking a balance between work and personal life.

This book addresses the crucial questions surrounding teleworking. It dissects the social, managerial, and technological aspects, providing a roadmap for businesses of all sizes, government agencies, and academic institutions. The empirical evidence underscores the positive linear relationship between remote work and job satisfaction, emphasizing the need for a nuanced approach to navigating the remote work terrain.

The suggested topics span the gamut of remote work intricacies, from the relationship between remote work and job satisfaction to strategies for maintaining connections between managers and remote employees. With small, medium, and large companies, government agencies, and universities as the target audience, the book serves as a strategic guide for entities seeking to harness the potential of remote work while mitigating its challenges.

Coverage:

The many academic areas covered in this publication include, but are not limited to:

  • Career Advancement
  • Cybersecurity Concerns
  • Distractions in Teleworking
  • Employee Performance
  • Employee Retention
  • Globalization of Work
  • Human Connections
  • Hybrid Work
  • Job Satisfaction
  • Organizational Adaptation
  • Remote Work
  • Technology Challenges
  • Work-Life Balance
Reviews & Statements

As an experienced academic with research interests on the future of work, my chapter focuses on how the pandemic has reshaped the boundaries of the actual workspace and rekindled the Bring Your Own Device (BYOD) trend, leading to a massive digital transformation through the adoption of personal technologies which has intensified its popularity within the contemporary teleworking environment. Technology is not only conceptualised as an enabler to remote work outcomes due to resources available, but also triggers work stressors in the remote work environment due to work demands associated through the use of personal technologies (constant connectivity) to fulfil organizational duties.

– Melina Seedoyal Doargajudhur

With our qualitative study focusing on virtual team members, we identify the following factors which might influence rational decisions in virtual teams: (a) information integration using digital communication tools; (b) reduced emotional impact on the decision-maker; and (c) enhanced control and confidence of the decision-maker. By taking our findings into consideration, practitioners are likely to optimize virtual collaboration performance.

– Petros Chamakiotis

The publication Impact of Teleworking and Remote Work on Business highlights the transformation of the business landscape, driven by technological adoption and digital transformation, which have enabled businesses to maintain continuity during disruptions. The book chapter "Workplace Transformation: Navigating the Transition from Remote to Hybrid Work" discusses the primary influences leading to this change and its significant impact on businesses, including the prospects and challenges.

– Ridhima Goel
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Editor/Author Biographies

Dr. Harish C. Chandan is independent Researcher in Business. He was Professor of Business at Argosy University, Atlanta. He was interim chair of the business program in 2011. He received President’s award for excellence in teaching in 2007, 2008 and 2009. His teaching philosophy is grounded in the learner needs and life-long learning. His research interests include research methods, leadership, marketing, and organizational behavior. He has published 20 peer-reviewed articles in business journals and five chapters in business reference books. Dr. Chandan has presented conference papers at Academy of Management, International Academy of Business and Management, Southeast Association of Information Systems, and Academy of International Business. Prior to joining Argosy, Dr. Chandan managed optical fiber and cable product qualification laboratories for Lucent Technologies, Bell Laboratories. During his career with Lucent, he had 40 technical publications, a chapter in a book and five patents.

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