The sudden shift to remote work in March answered the question many employers wondered—would productivity fall if employees worked from home full-time?
The answer is no, according to many surveys including one from Mizuho Securities. It found that the majority of the company's employees (80 percent) work from home, and more than half would like to continue to do so. About three-fourths of Mizuho employees expressed they were very comfortable working from home.
These sentiments are hardly limited to Mizhuo. It is a paradigm shift that is affecting landlords with offices in expensive urban centers and central business districts. The expensive office leases look less desirable to companies as more employees request to work from home, without a decline in productivity. The empty offices also affect the business districts with fewer patrons frequenting shopping centers and restaurants during work breaks.
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Pearl Wu
Pearl Wu is the editorial Recognition Desk Manager at ALM Media and oversees the administrative aspects of U.S. Legal awards. Please find our upcoming deadlines here.
