Australian billionaire denounces bosses for letting employees work from home
Australian real estate billionaire Harry Triguboff has slammed bosses across the country for continuing to allow employees to work from home in a post-pandemic landscape.
It was part of the health advice to do as much work as possible since your humble abode last year to prevent people from using public transport and other services.
Now that the pandemic poses a much lower risk, Australians have been allowed to return to their offices and CBD is once again a vibrant and busy place.
However, there have been many companies that keep the work from home model because it gives staff more flexibility and better balance.
While a lot of people are happy with the idea, Triguboff says it’s problematic.
The real estate developer and founder of Meriton spoke at an Urban Taskforce event last week, where he said, “We need to stop this work from home as well. You may have numbers indicating that they will work. I say that they only work half the time. ”
Interestingly, while there can be mental issues with working from home all the time, it does have its benefits.
A review of several studies done last year and published in BMC Public Health found that people who worked from home experienced less time pressure, fewer role conflicts, more autonomy (leading to less burnout) and an improved sense of personal well-being. more in a stressful office environment.
The authors pointed to a study which concluded: “Anderson measured the effect of WAH [work at home] on the mental well-being of government employees (all participants were WAH> 1 day per fortnight), and found that WAH had a positive effect on well-being (feeling comfortable, grateful, enthusiastic, happy and proud) with less negative effect on well-being (bored, frustrated, angry, anxious and tired).
“The study also found that individual traits of openness to experience, lower rumination, and greater social connectivity moderated the relationship between WAH and positive well-being, and a high level of social bonding (apart from labor) was linked to a less negative effect on well-being. ”
It’s not all roses and happiness when you work from home.
Some studies have found an increase in social isolation when employees work from home, which is normal when you don’t spend eight hours a day with lots of people.