Development of remote jobs as a factor to increase labor efficiency

Abstract

The purpose of the study was to assess the effectiveness of remote work and the determining factors of its development. Based on survey data taken from 528 employees of insurance companies in Georgia over the period of December 2020-January 2021, the features of remote work have been determined. The factors influencing the effectiveness of remote work were substantiated by Principal Component Analysis (PCA). Structural modeling confirmed the qualitative nature of the influence of the intensity of remote work on the level of its effectiveness, taking into account the factors of its effectiveness. The regularities and priority of the impact of the characteristics of the effectiveness of remote work depending on its intensity have been substantiated. The optimal volume of remote work has been determined empirically with its maximum efficiency ensured in terms of increasing the productivity and satisfaction of employees of insurance companies.