COVID 19 has made many businesses grind to a halt due to non essential workers not being able to come in and dramatically decrease rim demand for certain sectors such as hospitality and tourism. Yet it has given rise to certain businesses. A prime example is zoom, who’s stock rose 400% over 2020. Covid-19 has shown that many businesses work effectively with online working, especially those with a largely digital format. There are a multitude of benefits to working online. The first and most prominent one is the flexibility. Workers have far more flexibility with their time, due to not being confined in the workplace, as well as not having to travel to and from it every. This has had a significant effect on morale for many workers. Another benefit of no commute is that it is more environmentally friendly, as less cars are polluting the environment. Increased productivity and motivation due to the pandemic is apparent. People generally work better from home as they can work in an environment of their choosing and the added stress from the harsh work environment is lost . Parents can take care of their children without the added childcare costs from taking them to nurseries and schools. However unregulated workers are prone to frequent breaks as they don’t have the same constrictions as they do in the workplace and productivity can also decline due to flexible working hours as sometimes work doesn’t meet deadlines as managers are not there to enforce deadlines. What businesses must do now is consider how they may take advantage of all the benefits of working online, while simultaneously minimising the drawbacks that come with it.
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