Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

H&R Real Estate Investment Trust T.HR.UN

Alternate Symbol(s):  HRUFF

H&R Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, operates and develops residential and commercial properties across Canada and in the United States. The Company operates through the four segments: Residential, Industrial, Office and Retail. The Residential segment consists of approximately 24 residential properties in select markets in the United States and its portfolio comprises 8,166 residential rental units. The Industrial segment consists of 66 industrial properties in Canada and two properties in the United States comprising 8.7 million square feet. The Office segment consists of 17 properties in Canada and three properties in select markets in the United States, aggregating 5.5 million square feet. The Retail segment consists of 34 properties in Canada, which are single tenant properties as well as two single tenant retail properties and one multi-tenant retail property in the United States.


TSX:HR.UN - Post by User

Post by silver-bullon Apr 22, 2020 5:43pm
127 Views
Post# 30941797

Working from home is catching on for some, but it won't be t

Working from home is catching on for some, but it won't be t

Working from home is catching on for some, but it won't be the end of the office, poll finds

Almost 30% of Canadians are now working from home, and 19% of them would like to keep it that way 

Approximately one-fifth of Canadians who are currently working from home due to the COVID-19 pandemic would like to continue doing so once the pandemic is over, according to a new poll from Forum Research conducted a month after most offices adopted work-from-home policies. 

The poll surveyed 1,335 Canadians on their work situations in the post-coronavirus era and found that almost third (31 per cent) of respondents were working from home because of the pandemic, while an additional seven per cent had always worked from home. 

Among the former cohort, 19 per cent said they plan to continue working from home after the pandemic while 62 per cent said that they do not plan to (19 per cent were undecided). 

“There’s been a huge increase in the number of people working from home, but, based on the poll results, with just 19 per cent saying they want to keep working from home, it’s not going to be an earth-shattering ‘end of the office’ kind of situation,” said Lorne Bozinoff, president of Forum Research. 

Ontario and the Prairie provinces had the most number of people working from home — 36 per cent and 32 per cent, respectively — while just 18 percent of respondents from Atlantic Canada said they were in that situation. 

In terms of age, millennials appear to be more likely to work from home compared to those aged older than 45 or younger than 25. Almost 50 per cent of respondents aged 25 to 34 said they were working from home because of the pandemic. 

Roughly four out of 10 respondents polled said that working from home is worse than working from the office, and another 16 per cent said it was “much worse.” About a third said that working from home was better than being in office while a further 26 per cent said it was “about the same.”

Bozinoff said the poll results show most people did not enjoy working from home six weeks into the economic lockdown. 

“What a relief to the commercial real estate market that a lot of people don’t like it,” he said. “And this is after they’ve only been doing it for over a month. More and more people could grow to dislike it.”

Bozinoff said he was surprised that 53 per cent of respondents said their offices were not set up to work from home prior to the pandemic. 

“That to me was very shocking,” he said. “Many businesses were simply not prepared.” 

Angela Payne, a former human resources executive at Monster Canada who now runs her own human resources agency in Toronto called LeedHR, said it is possible more employers, regardless of employee preferences, will consider making staff work from home permanently because of the cost of maintaining a large office footprint. 

“There’s also the fact that employers have already spent money deploying resources out to employees to work from home effectively. They might not want to roll that back so soon,” she said. 

But Payne said companies will also have to factor in long-term productivity issues for both staff as well as managers and executives. 

“I think the idea of work-from-home permanently makes a broad assumption that leaders are equipped to manage people remotely,” she said. “We don’t know if that is necessarily the case.” 

• Email: vsubramaniam@nationalpost.com | Twitter: 

 

Bullboard Posts