Russian retailers are leaving their offices

Having tried the working from home format during the COVID-19 pandemic, Russian retailers decided to make this practice permanent. Thus, X5 Retail Group plans to move about 60% of its employees to remote or mixed mode of work, which will reduce operating rental expenses by refusing some premises. Other retailers are considering similar projects.

X5 Retail Group (Pyaterochka, Perekrestok, Karusel) has launched a project to transform its offices in Russia, the company said on Wednesday. There are plans to move 60% of X5 employees to remote and mixed work, about 46% of them will be able to work from home up to three days a week, the rest will either switch to remote work entirely or will come to the office once a week.

Among other things, the changes will allow optimizing rental costs by refusing part of the currently occupied premises, X5 stated. They clarify that the reduction in part of premises will affect several rented offices, primarily in those business centers where such an opportunity exists under the terms of the contract.

First of all, IT personnel, HR staff, as well as buyers and logisticians (except for fashion retail) are moved to the remote or mixed work format.

These projects are currently being implemented by other large chains, including Leroy Merlin and Dixy Group.

Vera Boyarkova, HR Director at Leroy Merlin, says that since the beginning of the pandemic, 98% of the company's central office employees have been switched to remote work. But they are not talking about the constant transfer of all employees to remote work. It is referred to combining work from home and in the office.

Natalya Maleeva, HR Director of M.Video-Eldorado Group, says that the company's office will also switch to a mixed mode of working from September. 60% of employees will work only remotely or visit the office two or three days a week.

Vkusville has recognized the effectiveness of remote working and offers its employees to use the office for meetings or when needed, the company said.

At Metro, they state that the company also allows personnel to visit office at will, but not more than 25% of the department at the same time.

Magnit is considering various options for organizing the workflow as well.



Articles
Belarusian sector of information technology reached growth limits in existing economic model
16 / 09 / 2020

Among other obvious factors, the protests in Belarus were the result of global changes in the economy. The old model, the tangible industrial one, is more and more moving aside, and it is being replaced by a new, information technology model generally known as postindustrial.

Belarus: a turning point in August – a record drop of the gold and forex reserves and an increase in the cost of ruble resources
11 / 09 / 2020

In 2020, the Belarusian economy experienced several disturbances: a decrease in the Russian crude supplies, the pandemic consequences, and two foreign exchange crises in March and August. As a result, the GDP of Belarus in January-July 2020 amounted to BYN 80.0 billion, or 98.4% in comparable prices compared with the same period in 2019.

Refusal of quarantine and growing credit exposure could not allow Belarusian economy to grow
14 / 05 / 2020

In January-March 2020, Belarus; GDP amounted to 99.7% in comparable prices as against January-March 2019. Although Belarus' GDP gradually began to win back the January fall in February-March of this year, the index is nevertheless decreasing.

Norwegian oil cost Belarus about USD 520 per ton
21 / 04 / 2020
According to the National Statistical Committee, the turnover of foreign trade in goods decreased by USD 1,474.6 million or 14.0% in January-February 2020 compared to January-February 2019 and amounted to USD 9,048.3 million.
Belarusian economic problems appeared before epidemic
13 / 04 / 2020

This conclusion is contained in the review "Economy of Belarus in February-March 2020" prepared by the experts of the research company InComeIn.