EMPLOYEE PREFERENCE FOR WORK ENVIRONMENT – A WORK FROM HOME PERSPECTIVE

Employers have always been striving to provide an optimum work environment to their employees which would contribute to maximum productivity, efficiency and revenue generation. Office space and work environment have expenditure associated with them and hence appropriate space utilization can contribute to reduction in capital expenditure. Work from home was one such cost saving method adopted post the Global financial crisis 2007-08. During the COVID-19 pandemic induced financial crisis, work from home has become a path followed by many companies worldwide as a part of their business continuity planning. Working from home has evidently resulted in short term cost saving for many companies especially small-scale companies, middle scale companies and startups. However, the long-term effect of partial or entire employees working from home is unknown and would be better evaluated in long term. This research aims at understanding the employee preference for the work environment and the effect of the work environment on the subjective wellbeing of employees. Employee preference is studied with the help of a primary survey focusing on various factors of remote working and working from office space.