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Future of Work sentiments up 12% in Q2 2021 as companies embrace hybrid workspaces, says GlobalData

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July 15, 2021 (Investorideas.com Newswire) The future of work is likely to be a mixture of work from home (WFH) and office work, according to sentiment analysis by GlobalData, a leading data and analytics company. The company’s Filing Analytics platform notes that ‘WFH’, ‘remote working’ and ‘video conferencing’ continue to be prominent keywords in all company filings, and, while discussions around the future of work have been on the downtrend since Q4 2020, sentiments were up 12% in Q2* compared to Q1*.

Rinaldo Pereira, Business Fundamentals Analyst at GlobalData, comments: aEURoeThe drop in mentions around the Future of Work is due to certain companies accepting a return to the office, while others are embracing the hybrid work style. Firms continue to be cautious in opening up entirely and are likely to view hybrid working as a prudent solution amid the rise of the Delta COVID variant.aEUR?

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Pereira notes: aEURoeMicrosoft’s sentiments around its video conferencing platform, Teams, grew ever so slightly in Q2 2021. In contrast, Zoom’s sentiments skyrocketed in Q2 2021* driven by positivity around its triple-digit Q1 2022** sales growth. Both Zoom and Microsoft expect to capitalize on the growing hybrid working trend via respective ‘rooms’ features.aEUR?

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An analysis of GlobalData’s Survey database*** reveals that 30% of the employees are willing to go back to a daily office cycle. Further, 29% prefer weekly or monthly office visits, while 21% never want to visit the office. Adding on, 44% of the respondents also experienced an increase in productivity during WFH.
Pereira concludes: aEURoeCompanies have realized the need to help employees strike a work-life balance via work flexibilities to maintain high levels of productivity. Sentiment growth around the future of work reflects the same. While the belief of ‘business at the office’ persists, the trend is shifting towards a hybrid workplace.aEUR?
* Indicates quarter for release of filing documents and not company-specific fiscal quarters
** Company fiscal quarter ended 30 April 2021
*** As of 8 July 2021

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Analysts available for comment. Please contact the GlobalData Press Office:

EMEA & Americas: +44 (0)207 832 4399
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Email: [email protected]

Notes to Editors

  • Quotes provided by Rinaldo Pereira, Business Fundamentals Analyst at GlobalData.
  • Information is based on GlobalData’s Company Filing Analytics platform.

About GlobalData

4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.

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