Remote Work Arrangements and Employee Productivity of Fintech Firms in Lagos

Abstract

Remote work's effect on productivity has been a topic of significant debate among scholars, business leaders, and employees. The study adopted descriptive design. The data for this study was collected using a well-structured questionnaire adopted the descriptive research design.  Out of the 130 population which included junior level, Middle level, senior level and Executive level workers of Paystack Fin Tech Company, with headquarters in Lagos, Nigeria. A sample of 98 respondents was selected using the Taro’s formula. The collected data was analyzed using percentage analyses and the Pearson correlation was used to test the formulated hypotheses. The study found out that; there is a significant relationship between remote working condition and employee quality of work; there is a significant relationship between Information Technology and employees’ Problem solving skills; there is significant relationship between Remote work time and job satisfaction. The study concludes that remote work conditions, such as flexibility, autonomy, and technological support, can positively affect employee quality of work by enhancing productivity, motivation, and job satisfaction. The recommendation based on the findings are; Fin Tech companies should consider implementing remote work arrangement that provide flexibility and autonomy to employees; Employers of labour should ensure that the employees have the best technologies and software applications that facilitate improved working style.