The Long-Term Profitability Implications of Remote Work Adoption in Multinational Corporations

Authors

  • Dr. Zainab Khan Associate Professor, Department of Business Administration, University of Lahore, Lahore, Pakistan. Author
  • Dr. Haris Shafiq Assistant Professor, Department of Management Sciences, Institute of Business Administration (IBA), Karachi. Author

Keywords:

Remote Work, Multinational Corporations, Profitability, Employee Performance, Operational Costs, Talent Acquisition

Abstract

This paper explores the long-term profitability implications of remote work adoption in multinational corporations (MNCs). The shift toward remote work, catalyzed by technological advancements and the global COVID-19 pandemic, has led to significant changes in corporate structures, employee productivity, and cost dynamics. This study investigates how remote work influences the profitability of MNCs by analyzing key factors such as employee performance, operational costs, talent acquisition, and employee satisfaction. We propose that while remote work adoption may initially result in cost savings and increased flexibility, its long-term profitability impacts depend on how MNCs manage challenges related to communication, organizational culture, and performance monitoring. The paper highlights the importance of strategic decisions regarding remote work policies, technological investments, and employee well-being to sustain profitability. Drawing on case studies and quantitative analysis, this study offers insights into how MNCs can effectively integrate remote work into their long-term business strategy to enhance both productivity and profitability.

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Published

2024-06-27

How to Cite

The Long-Term Profitability Implications of Remote Work Adoption in Multinational Corporations. (2024). Journal of Advanced Business and Finance Studies, 2(1), 1-13. https://jabfs.online/index.php/journal/article/view/11