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Tuesday, 28 July, 2020, 18 : 15 PM [IST]

100% of OYO workforce working under hybrid model

According to Times Now, As COVID-19 restrictions are easing and the economy is starting to open up again, many corporates have begun planning to bring their workforce back to the office. The Department of Telecommunications (DoT)on Tuesday extended the relaxation in terms and conditions to facilitate work from home till December 31, 2020 which means companies can ask their employees to continue to work from home till the end of the year.

Keeping in mind the new business realities, OYO Hotels & Homes has permanently moved to a ‘hybrid workplace model’ which is helping the company operate in full capacity. While a significant majority continue to work from home, several teams have chosen to ‘work from anywhere’ while others have opted for flexible co-working centres.

As per the company statement, the hybrid model ensures to give options to the workforce as the states come out of lockdown to maintain social distancing norms and provide flexibility in the working hours which in return has resulted in a noticeable improvement in overall productivity. The company has rolled out various employee-centric initiatives in order to boost employee morale during these times. 

OYO is also organising virtual coffee sessions with its leaders and it has launched ‘CEO-Club’ - a recognition programme by Rohit Kapoor, CEO, OYO India & South Asia and has also rolled-out skip-level, monthly rewards and recognition meets. To promote upskilling and e-learning among its employees, OYO has launched OYOVersity, it’s Learning Management System for the employees which includes lessons on leadership, how to boost productivity while working remotely among other topics. 

These fully digital modules also include an additional COVID-19 module to communicate necessary precautions and health advisories to OYOprenuers across geographies. Internal tech support platform OYO Seek has been instrumental in resolving most technology-dependent concerns in a timely manner. 

Commenting on the development, Dinesh Ramamurthi, Chief Human Resources Officer, OYO Hotels & Homes said, “With the changes in the working environment, the current situation is a testament that employee efficiency is greater than actual physical presence. At OYO, we are committed to employee safety, wellbeing and have adopted a hybrid workplace model keeping in mind the evolving needs of the current and future workforce.

"Our workforce is divided into three categories, corporate employees, capability functions and field staff. While the field staff is already stepping out and attending office following all the health and safety protocols, our corporate employees and capability functions are also fully operational, and are opting for a combination of work from home and working from flexible co-working spaces solutions,” he added

Commenting on the adoption of co-working spaces as part of the hybrid workplace model, Ritesh Malik, Founder, Innov8, said, “The co-working industry is seeing more companies opting for availability of flexible office solutions & co-working models to reduce long-term blockage of capital in leases and furniture. Going forward, work from home options will increase however; there’s an opportunity for co-working players like ours where companies are collaborating with us to develop work from home units as well. Once the lockdown eases and as the workforce returns, adoption of the nearest co-working offices for employees is also going to increase.”

The hospitality firm is granting employee stock ownership plans (ESOPs) worth a total of around Rs 130 crore to all its furloughed employees impacted by the COVID-19 pandemic as part of its efforts to minimise the disruption being experienced by them, an internal e-mail from its founder Ritesh Agarwal said. On April 8, OYO founder and Group CEO Ritesh Agarwal had said in a letter and video message that the company will place a certain number of employees on furloughs or temporary leaves, globally.

As per media reports, the number of furloughed employees globally could run in thousands. The company, however, did not share any details regarding the number of impacted employees. In an internal town hall note to the impacted employees, Agarwal said that while he hoped that the company can get as many employees back, he is cognizant of the practical reality that the uncertainty around the COVID-19 situation will continue for some time.

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