Wednesday, August 10, 2022

Return to workplace highest in telecom, consulting sectors; IT lags: Survey

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Majority of workers in telecom and consulting sectors have returned to workplace with vital fall in COVID-19 instances however the is lagging, in line with a survey by Colliers and Awfis.

Property marketing consultant Colliers India and co-working operator Awfis’ joint report explores the standing of return to work throughout completely different sectors.

“Because the third wave of COVID-19 began waning in February, the return-to-office gained momentum. In consequence, by June 2022 about 34 per cent of the businesses noticed about 75-100 per cent of the workers again in workplace (contains hybrid work),” the report stated.

About 41 per cent of occupiers acknowledged that solely as much as 25 per cent of their workers have returned to workplace.

The survey confirmed that telecom and consulting sectors noticed the very best (75-100 per cent) charge of return to workplace whereas IT and new know-how corporations noticed the bottom (0-25 per cent) charge of return to workplace.

“The survey has made it clear {that a} distributed workspace technique is the way in which to go for occupiers on this new period of experiential workplaces, as occupiers emerge from the after-effects of the pandemic. Flex areas, particularly, are main this progress, as occupiers from diverse sectors are housing groups in flex centres throughout cities,” Colliers India CEO Ramesh Nair stated.

Versatile workspace operators leased about 3.5 million sq. toes of workplace area in January-June this yr throughout the highest six cities, nearly three-fourths of the versatile area leasing in total 2021, he added.

The survey was carried out throughout Could-June amongst occupiers to know their methods relating to distributed office. The respondents have been from completely different sectors comparable to IT/ITeS, BFSI, engineering and manufacturing and others.

Whole 150 responses have been obtained from C-Suite executives spanning Founders, CEOs, COOs and CHROs of assorted corporations. The corporate measurement of the respondents diverse, ranging from a spread of 1-500 workers to corporations having over 10,000 workers.

As per the survey, about 74 per cent of the occupiers are prone to undertake distributed workspace whereas 53 per cent of occupiers favor working from dwelling plus workplace as their most popular office portfolio technique.

About 49 per cent of the occupiers are prone to undertake flex centres to allow distributed workspace, adopted by establishing their very own places of work in metro and non-metro cities.

The marketing consultant sees alternatives for flex areas not solely in metro cities but in addition in non-metro cities. “Actually, in non-metro cities, whole flex areas are prone to develop greater than two-fold to five.5 million sq. toes by the tip of 2022,” Nair stated.

Amit Ramani, Founder and CEO, Awfis stated the findings of the survey are a testomony to the success of the distributed work mannequin and subsequently of flex areas in catering to the ever-evolved workspace wants of India Inc.

“Going ahead, 77 per cent occupiers will embrace flex areas as a part of their office technique. We count on distinctive demand sooner or later, pushed largely by massive corporates for de-densification of present conventional places of work,” he added.

In accordance with the Colliers India knowledge, the gross leasing of workplace rose to 32.9 million sq. toes in 2021 from 30.1 million sq. toes within the earlier yr. Throughout 2019, the numbers stood at 44.8 million sq. toes throughout six cities — Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad and Pune.

Within the first six months of this yr, the workplace leasing has risen to 27.5 million sq. toes from 10.3 million sq. toes within the year-ago interval. The share of leasing by versatile workspace operators stood at 13 per cent.

(Solely the headline and film of this report might have been reworked by the Enterprise Commonplace employees; the remainder of the content material is auto-generated from a syndicated feed.)

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