Corporate world: who is smarterly working?
An analysis of the Bank of Italy evidences a strong increase in the adoption of smart working in Italy. Companies which adopted it increased from 28.7 % in 2019 to 82.3% in 2020.
In its Covid-19 note, dated January 22 2021, the Bank of Italy reports on the results of a poll, Sondtel, performed in the month of September. The poll includes questions about the adoption of smart working. These data were then integrated with information deriving from the Survey of Industrial and Service Firms 2017-2019 and INPS administrative data (2017-2018).
You can find the full analysis here.
Smart working and corporate Italy
Adoption of SW: extension
82.3% of Italian companies adopted smart working in 2020. They were 28.7 in 2019. In the first months of 2020, workers became increasingly interested in smart working, too.
Adoption of SW: intensity
Companies which declared to have adopted SW for more than 50% of their workforce increased from 1.9% in 2019 to 13.1% in 2020.
Export and the adoption of SW
The probability of adoption of SW is higher if company revenues for the period 2017-19 were generated exclusively from export. Also, it is positively correlated with average salaries.
Company dimension and adoption of SW
Companies of all dimensions increased their adoption of SW. However, the phenomenon has been more intense among bigger companies.
Company ownership and adoption of SW
The probability of adoption of SW is higher if the company belongs to a group, it is foreign-owned and performance oriented.
Company technology and adoption of SW
The probabilty in the adoption of SW is higher if the company invested in cloud technology and when R&D expenditures expressed as a percentage of revenues are bigger.
Management and adoption of SW
Younger managers and the use of more sophisticated and structured managerial practices (MOPS score) positively impact the intensity and extension in the adoption of SW.
Women and the adoption of SW
The % of women in the workplace is positevely correlated with the adoption of SW. They usually occupy less operational roles and they need to reconcile family and work.
Work hours and the adoption of SW
Preliminary evidence suggests that the adoption of SW reduces temporary layoffs and in the tertiary sector, with higher teleworkability, increases the number of worked hours.