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ISSN 2063-5346
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ECONOMIC AND LEGAL EFFECTS OF WORK FROM HOME: A COMPREHENSIVE REVIEW

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Dr. Himanshu Kataria1*, Ashish Verma2
» doi: 10.48047/ecb/2023.12.si5a.0545

Abstract

The concept of working from home has gained a lot of attention and adoption in recent years, particularly after the spread of the COVID-19 pandemic. This review paper explores the economic and legal implications of remote working in depth, examining its impact on productivity, cost savings, labour laws, and the future of work. The economic impacts of working from home include considerations of productivity levels, cost savings for both employees and employers, and the potential to address regional disparities. On the legal front, the article discusses the effects of remote work on labour laws, labour contracts, occupational health and safety, as well as intellectual property and data security. This review paper highlights the need for clear policies and guidelines to maximize the benefits and mitigate risks associated with remote working, including the growing adoption of mixed working models. By understanding and addressing these impacts, organizations and policy makers can create a fair and sustainable work environment. The study examines the impact of remote work on productivity, cost savings, employee well-being, labour market dynamics, and legal considerations. By analysing existing research, surveys, and case studies, this paper seeks to shed light on the implications of the “Work from Home” trend for both organizations and employees, as well as the legal framework governing remote work. This research paper will explore the economic effects of work from home, including its impact on productivity, cost savings, labor market dynamics, and sector-specific implications. It will also examine the legal considerations associated with remote work, including employment contracts, health and safety regulations, data privacy, and taxation. The paper will discuss the effects of work from home on employee well-being, work-life balance, and the challenges faced by organizations in adapting to remote work. Additionally, case studies and best practices will be analysed to provide practical insights. The paper will conclude by summarizing the findings, discussing policy implications, and suggesting areas for further research.

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