An Average Indian Working Professional Saves More Than 5K Every Month While WFH: Survey

A survey conducted by Awfis, the leading co-working space provider, proclaims that an average Indian working professional saves approximately 1.47 hours of travel time and Rs 5,520 per month while working from home.

About 74 percent of the respondents are willing to work remotely, either from home or from nearby cafes as it has resulted in being both time and cost-effective. Preferably, 20 percent save around Rs 5000 to Rs 10,000 per month, whereas 19 percent save more than Rs 10,000. And about 40 percent spend less than an hour in commute. 

Amit Ramani, founder and CEO, Awfis says “The time saved translates to time worth 44 additional working days in a year”. 

The survey was conducted across 7 metros in India, over 2 months, and information provided by 1,000 employees from various industries were analyzed. 

According to the survey, almost 75 percent of the workforce seems to manage their time efficiently. 

Additional 44 working days in a year means, for a company with 100 employees, 18 FTE days without any other expenses. 

Overall, this has generated more accountability in the employees and has incited employees to earn higher trust from their managers. 

Around 27 percent of employees see isolation and 23 percent see work-life-balance as a few of the biggest challenges. As per the survey, around 43 percent of the employees report inefficiency in maintaining work-life balance while working from home. 

There is a segment of people who would prefer working from home. There is also a section of employees who face many challenges in working remotely. 

“People have realized that ability to work from home is possible without compromising productivity. It was expected that in the next five years more people will either work from home or near home. COVID-19 has fast-tracked this,” said Ramani. 

Despite this, there is a smaller percentage of companies facing technical issues in implementing a completely remote working situation. They are still taking it up, as there is a steep rise in the unavoidable work-from-home situation.

“Now that the lines between home and work are blurring, companies need to create policies that describe clear demarcations between the two to make remote work sustainable in the long run,” said the survey.