Moneycontrol PRO
HomeNewsBusinessOnly 10% companies in India working remotely, 44% embrace hybrid model

Only 10% companies in India working remotely, 44% embrace hybrid model

A PMI report says organisations bringing employees back into the office are unlikely to see a significant improvement in project performance, considering the negative impact the move can have on employee morale and retention

March 01, 2024 / 13:49 IST
In India, the survey found that 54 percent of organizations support changing ways of working using coaching and mentoring.

As many as 44 percent of Indian organisations have adopted a hybrid work model, only 10 percent are working remotely, according to the 15th annual Pulse of the Profession report by Project Management Institute (PMI).

The report said organisations bringing employees back into the office will “likely not see a significant improvement in project performance, especially considering the negative impact this could have on employee morale and retention, as well as operational costs”.

The report is based on survey results of 2,246 project professionals and 342 senior leaders around the world.

In India, the survey found that 54 percent of organisations support changing ways of working using coaching and mentoring. Fifty-eight percent support changes to ways of working through training. This is above the global percentage of 48 percent and 47 percent, respectively.

Forty-five percent of the companies favour changing the ways of working through the creation of communities of practice that enable employees to share knowledge and expertise.

“This report underscores the importance of organizations not only reevaluating their work location policies and optimizing how they operate, but also prioritizing the development of essential skills within project teams to enhance their adaptability," said Pierre Le Manh, President & Chief Executive Officer of PMI.

"Empowering project professionals and teams with the autonomy to determine and implement the most appropriate ways of working —irrespective of their physical location—positions them for greater success in navigating uncertainties, evolving business landscapes, emerging challenges, and project demands,” he added.

Moneycontrol News
first published: Mar 1, 2024 01:49 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347