benefits of working remotely for employers

Engaged Workforce: An engaged workforce would lead to an improved level of happiness score among employees. Since employers won’t have to compromise on the quality of staff and shell out extra resources to train them, they can cut down training costs completely. 9. This is particularly true for freelancers, who are self-employed and only work as required. It really is! Six remote working benefits for employers 1. Why You Should Invest in Learning Blockchain Technology in 2020? Before the COVID19 CoronaVirus global outbreak, employees and employers traditionally limited their job search or recruitment strategies to a limited and commutable geographical area. When done right, remote work allows employees and companies to focus on what really matters—performance. Remote work is interesting, and it’s exciting, which means people are more likely to read about it and publicly endorse it. The topic of remote work is producing a lot of attention — and research. Here are the most compelling positives you can see by enabling virtual employment. Fall and Winter 2020 Fashion Trends that We Love. And, it also takes much time and effort to come back to work zone again. ), but absenteeism due to commuting time can be curbed by hiring a remote team. 6 tips to confidently navigate your freelancing career. Hiring remote workers supposedly lowers operating costs, as well as some capital expenditures. But if you’re the first to attempt this in your company, you might have some barriers to overcome. Younger workers too are seeking out the benefits of working remotely. The result? Here are five specific benefits of telecommuting and other flexible work options, and why they are a win/win. They are generally facing some sort of issue at home, are stressed, or have personal needs to take care of. Its appeals for employees are obvious. According to recent statistics, commuters can begin experiencing depression and have much less life satisfaction. The truth is that many functions and tasks can be done remotely, even better with the support of technology and other digital resources. So anything that curbs workplace stress is useful for offices! Here’s an overview of the 5 top remote working benefits: Staff are more productive. Having an international team helps people from different cultures learn from each other and share ideas that can be adopted across the board. Electricity and water bills must be taken into account, as well as the costs of Wi-Fi. This is fantastic for businesses requiring translation or customer service to people in all areas of the world. The majority of those who work in offices in the city commute to work. In addition to enhancing productivity, remote work also helps companies by allowing them to recruit the best people, no matter where they happen to live, and to retain those remote rock stars after they’re hired. This means that the savings on office space can be astronomical; and every expense cut is, of course, in addition to a business’ profits! There are many huge benefits for companies and employers that implement flexible home working environments. When the pandemic subsides—and it eventually will—employers will have a unique opportunity to fundamentally revisit their remote work policies. It’s a concept that’s both exciting and intimidating at the same time. With the benefits of working from home, the trend may start a revolution. Productivity increased 4.4 percent when employees moved from working at home on a limited basis to the location of their choice. But now that he’s moved to another country, you don’t want to lose him. Other studies show that unscheduled absences cost employers $1,800 per employee each year in lost work, but 78% of employees who take off work aren’t really sick. This allows organizations to work with a bigger talent pool of applicants when hiring for any position. Is 2020 a Good Time to Set Off an Artificial Intelligence Startup? When a company prefers to work with remote teams, financial resources are utilized in the best possible way. One of the key reasons entrepreneurs switch to remote work is to gain more productivity from their workforce. Finding the right talent for the right job is a challenge by itself. Statistics that prove the benefits of remote work for employers. If the passion for this begins at the top, promotes inclusion within all corporate communication, and hands-on events include those who work remotely, then the workplace culture becomes stronger, not weaker, because of this environment. All Business states that “the improvement remote working has on employee morale is almost a given”, going on to point out that remote workers typically have a much higher work satisfaction than in-house employees. Productivity — Teleworkers are an average of 35-40% more productive than their office counterparts, and have measured an output increase of at least 4.4%. In addition to enhancing productivity, remote work also helps companies by allowing them to recruit the best people, no matter where they happen to live, and to retain those remote rock stars after they’re hired. When the pandemic subsides—and it eventually will—employers will have a unique opportunity to fundamentally revisit their remote work policies. Remote work in 2021: 4 considerations for employers As we enter into 2021, we can anticipate an evolution in the hiring and recruiting space. So, with remote working employees can start and end their day according to their needs. With fewer people in the workplace, the company no longer needs to afford large spaces, full of desks, computers, and telephones. To name a few: no need for daily commuting, no office hustle and bustle, looser dress-code, more flexible schedule. Advantages of Remote Working. Remote workers can save about $7,000 a year on average, … The good news is that by offering the option of remote working, you won’t have to give up on him. Absenteeism in the workplace is a big problem for workers and employees alike. As well as less time spent traveling, working from home reduces office gossip time, lateness, and time wasted in the coffee shop. For employers, this can also be a risky proposition. Freelancers are likely to organise their own health insurance etc. Performance — … Why work remotely? Add in the lack of a commute, remote workers typically have more time and fewer distractions, which leads to increased productivity—a huge benefit of working from home for both employees and employers alike. Let’s make work fairer, greener, and happier – for all of us. Some professions, in particular in the tech industry, require employees to work in ‘blocks’; they may need to focus for many hours at a time. As you will be less likely to have to sacrifice on the location of the person, you’ll be able to focus on people who already have training for the required position. One of the huge benefits of hiring remote teams is that work can be done around the clock – and not just during office hours at the location where your team is based. Trust is a major component of remote work arrangements, for example. Do you see a thriving, energetic work center, or are you imagining … And it’s never been so easy; with software like Trello (that keeps teams organised) and modern technology like interactive displays (that connect with employee’s devices to ensure that everyone stays focused), remote work is a definite possibility for many teams. 14.12.2020 - 5min read - by Amine Maamir. It Has Never Been So Easy. While freelancers understand the perks of working remotely, some companies might not be keen on the idea. November 1, 2019 . It could be the best way forward for your company! Flexible Schedule. How to Create and Maintain a Healthy Workspace? Thus, by promoting remote work, the company can save huge on corporate investments. December 11, 2020. With a staff of remote workers, there are no more geographic barriers. Here are five specific benefits of telecommuting and other flexible work options, and why they are a win/win. Consequently, it’s not hard to see why remote work has come under the microscope increasingly over the past year. Although the reviews of working from home are certainly mixed and remote work isn’t an option for every type of work, many employers have, by now, laid the groundwork for their team to continue to work remotely if they wanted to. Many employers got an unexpected trial in what it feels like to have a fully remote team due to the novel coronavirus pandemic of 2020. However, having a remote workplace can significantly benefit employers, too. Three benefits for employees 1. Many employers and managers have the misconception that allowing their employees to work remotely will have a negative consequence in productivity. For instance, if one employee is having a phone conversation can also distract other employees around the desk. Many employers and managers have the misconception that allowing their employees to work remotely will have a negative consequence in productivity. Employers should take advantage of the months of available data and firsthand experiences with remote work to take a more employer-centric look at the benefits (or drawbacks) of remote work. While freelancers understand the perks of working remotely, some companies might not be keen on the idea. Some may say that the benefits are directly related to talent recruiting, employee productivity, happiness and health. 9 Benefits of Remote Work for both Employees and Employers. If you feel like the benefits of remote working for employers benefits you, then why not add some remote workers to your team? There are many huge benefits for companies and employers that implement flexible home working environments. Lack of commute and a flexible working schedule makes remote working a favored option for employees. How Your Start-up Can Leverage AI for Growth? Below you’ll find the most important statistics on the remote work. Since 2005, regular remote work among non-self-employed people has grown by 173% , and across the globe, more than half of employees work from home at least once a week. Put shortly, cutting the costs of perks for employees means that the companies hiring them can make big savings. 17 Remote Working Benefits for Employers and Employees Thanks to Wi-Fi and communication technology, many workers are no longer tethered to a desk job and can work from home or even from the road. While working remotely, productivity increased among all examiners and continued to rise with each step toward the full work-from-anywhere policy, the researchers found. According to this article on Inc., nine out of 10 workers who currently work remotely plan to do so for the rest of their careers. When talking about remote working, most people tend to equate the benefits with employees, not the employers. It’s always good to be seen as a business that cares about the environment. Freelancers typically purchase their own computers and other devices and claim it under their own business expenses – so this is one less thing that the employer has to worry about! Many employees feel more inclined to do employers a favour. It’s pricey to rent or buy office space, but that’s not the only expense when it comes to having an in-house office. If kept unchecked, this could lead to more health hazards such as anxiety and lack of social experiences. In fact, the study by Canada Life shows that on a scale of 0 to 10, the productivity level of remote workers is 7.7 while that of employees working in the traditional environment is 6.5. Offering this type of benefit can help employers attract the young, highly skilled employees that might not otherwise be interested in a role. The remote work setup can also make it easy for employees to find excuses for failing to do what their employer expects of them. As well as less stressed, employees who work remotely tend to have more gratitude. Working from home surely has its benefits. Some Benefits Of Remote Work For Employers, Source. Subscribe and get remote work resources to empower your business and lifestyle. Okay, so now that we have established the key benefits of remote work for employers, let’s examine the evidence that supports these claims. 5. Another perk of the wider talent pool is that natives in other languages can easily be hired. The vast majority start their workday with endless trips, crushed in mass transit, or being pushed into the stations as if they were in the middle of a stampede. Besides, by having loyal employees, you will reduce hiring costs due to high turnover. In a highly competitive global economy, working smarter often means leveraging the manifold benefits of a remote workforce. People being less inclined to purchasing throwaway cups or containers on breaks. It’s no wonder then remote-friendly companies attract some of the best and brightest employees from across generations. This statistic shows benefits of remote work to the employers in 2020. But other companies think workers perform and collaborate better when they're in the office, and employees who work fully remotely tend to feel isolated. To study the productivity effects of work-from-anywhere policies, Choudhury looked for a setting that would allow the researchers to isolate productivity changes among workers with similar job functions under different remote-work conditions. APAC Entrepreneur – Technology | Business | Startups | Marketing | Management. Access to a diverse geographic talent pool. Applications like Trello and Slack help to keep remote workforces organised and hardware like interactive displays ensure that teams can still interact, even if they are not all in the same place. Most employers need to move out of the dark ages when it comes to their attitude towards remote workers and telecommuters. Basically, there are a lot of benefits of working remotely for both employers and employees. Employers should take advantage of the months of available data and firsthand experiences with remote work to take a more employer-centric look at the benefits (or drawbacks) of remote work. The Benefits Of Working Remotely We’ll look into the top 19 in this blog post! The advantages that remote work provides employees are straightforward. Conclusion: Remote Work is Here to Stay… It’s easy to see the benefits of remote work from the employer and employee perspective. They are generally facing some sort of issue at home, are stressed, or have personal needs to take care of. Talent: You are not limited to geographical proximity anymore. Many hirers’ reasons to not use remote employees is because they are worried about the intricacy of it all (how to pay remote employees, how to scrutinise their work, etc. Having space where nobody will interrupt is very important for this-this is why remote work is so popular in these industries. Let’s see the benefits of working remotely and why people like it: 1. Electricity and water bills must be taken into account, as well as the costs of Wi-Fi. Consequently, it’s not hard to see why remote work has come under the microscope increasingly over the past year. Despite many employers being concerned about the potential lack of productivity in work-at-home environments, many actually find the contrary to be true. Here are just a few benefits to remote working. Companies or employers that allow their employees to personalize their way of completing the job tends to see employee productivity and lower organizational costs. Below you’ll find the most important statistics on the remote work. So why is remote work so popular? Plus, there are some amazing advantages of remote working for employers. One of the more obvious benefits of remote working for employers is that they will have to spend less – or nothing – on office space. Employees are more likely to carry on working during pregnancy and early motherhood (even if they reduce their hours). The program transitioned p… Flexible Schedule. Hiring remote teams – or a number of freelancers – means that employers have less of an obligation to provide perks. 2. In fact, the study by Canada Life shows that on a scale of 0 to 10, the productivity level of remote workers is 7.7 while that of employees working in the traditional environment is 6.5. Expenses that the worker does have from working at home – like the cost of laptops and other equipment – are often thought to be their responsibility, as they will likely be using the gear for leisure as well. In general, embracing remote work options can help employers reduce or eliminate overhead costs, including real estate and operating expenses. On the other hand, when you allow your employees to balance their personal and professional life, they remain grateful. Furthermore, the top remote work benefits have shifted from work-life balance in 2017 to focus and productivity in 2018. Let us discuss more about the benefits that employers can reap by allowing employees to work remotely. While there are some challenges with remote working, the benefits of remote work for employers and employees can be significant. Well, yes. So another of the benefits of remote working for employers is that employees will use their time more productively if they work from home. 9 Servant Leadership characteristics for Success, Servant Leadership Techniques can reduce Employee Turnover, Five Strategies for success for First-Time Entrepreneurs, 5 Low-cost Pro Tips for Running an Effective PR Campaign, Digital marketing strategies for the post-crisis scenario, 6 Remote Work Myths that Employers Need to Stop Believing. Ultimately, remote working allows for increased flexibility for your employees. Hiring from a wider pool of talent: It can be challenging to find the right person for the job, and hiring remotely allows businesses to cast a wider net. Those hired will have more flexibility, which is a big requirement for millennials in particular. And while the virtual workplace is a place to work, friendships can still be fostered here, increasing job satisfaction and in turn, productivity. Hiring remote workers means that you’ll have access to a lot of employees who already have the necessary skill set required for the advertised job. But either way, there will almost certainly be a larger selection of people than if the role was advertised as an in-office position. Remote work implies that companies will have access to workers who already possess the skill sets required for the advertised job profile. Terms and Conditions  |   Cookie Policy  |   Privacy Policy, they will have to spend less – or nothing – on office space, a business that cares about the environment, Being able to work when and where they want (in some positions and companies). Benefits of working remotely for employers Attract potential talent. Remote Working has grown over the last decade with workers and employers adopting to their new world of work. This is great for businesses with a large customer service base that needs to be online all the time. Okay, so now that we have established the key benefits of remote work for employers, let’s examine the evidence that supports these claims. Personally, I’m all for it. Unfortunately, the office environment can create “false positives” that can lead … How to Lead Efficiently In Times of Crisis? Remote workers and employees alike can both enjoy the financial benefits of working from home. There is a lot to talk about the quality of life at work, but few companies are effectively offering an attractive work environment for their employees. Commuting Isn’t The Best. By Job van der Voort | … You might not think it, but there are some great advantages for hiring remote workers when it comes to the employee retention rate. The benefits of remote work for the employee are clear. One of the more obvious benefits of remote working for employers is that they will have to spend less – or nothing – on office space. If kept unchecked, this could lead to more health hazards such as anxiety and lack of social experiences. The benefits of remote work for employees are often more obvious, and therefore more widely discussed, than the advantages for employers. But, remote works are free from such issues. This cuts training costs out completely. Some Benefits Of Remote Work For Employers, Source. The benefits of embracing remote work culture outweigh the negatives and may even become the deciding factor in how your business sustains. Here are ten benefits of remote work for employers: Higher Profitability; Lower Expenses; Better Employee Satisfaction; Higher Productivity; Lower Absenteeism; Higher Employee Retention Remote working is a trend that a lot of companies are going to adopt in the next few years – and many have already taken the plunge. The lockdown has shown employers there are benefits to remote working Companies can see that productivity and performance does not fall off a cliff, and agile working can boost employee morale Remote work offers an abundance of benefits, but not without potential drawbacks. Remote Work Benefits Employees and Employers . Remote work implies that companies will have access to workers who already possess the skill sets required for the advertised job profile. Fashion. Instead of meeting the targeted hours, the employee meets goals, which also influences operating results. Your email address will not be published. The most evident reason why people want to work remotely is that it offers them flexibility. Conversely, remote workers can start their day with the warmth of their homes and can spend more time at work while enjoying a cup of hot coffee. Increased Productive Workforce: Several reports have shown that employers of labour who promote the culture of working remotely witness an increased level of productivity in their workforce as opposed to organisations that don’t. Instead of hiring a semi-qualified applicant in your area, you can look nationally or even internationally until you get the best candidate for the position. Employers might find that remote workers are more inclined to even start their day early due to lack of commuting – and as they won’t be rushing to make a train at the end of the day, they may well be happy to stay an extra five minutes to finish off any tasks. Some businesses are able to hire people from anywhere in the world, whilst others require someone to be in a particular location or time zone. Let’s make work fairer, greener, and happier – for all of us. Flexible work options increase productivity. They’re not always an obligation for remote teams or companies that hire freelancers, especially if the team is spread out. The majority of those who work in offices in the city commute to work. While not true for all positions, many remote workers pay for their own remote working equipment. Generally, employees hate commuting – many claiming delays are as bad as having a pay cut. Benefits of Remote Working for Employees and Employers. This recognition is manifested in the form of loyalty to the company, and productivity also goes high. 17 Remote Working Benefits for Employers and Employees Thanks to Wi-Fi and communication technology, many workers are no longer tethered to a desk job and can work from home or even from the road. Sometimes an office environment can also be loud and distracting for some employees. Digital Workplace Group states that 2008, the number of people working remotely has seen a 115% rise, and they have predicted that 38% of the population of full-time employees will be doing their work remotely in the next decade. Nearly 70% of millennials surveyed said their interest in an employer would increase if there was a remote work option. According to recent statistics, commuters can begin experiencing depression and have much less life satisfaction. Imagine you know a dedicated and talented employee you work with and want to have on your team forever. There are a ton of benefits to remote work for both employees and employers, although it might seem like it is only in favor of the employee. Flexible work options increase productivity. Instead of competing on a regional level for job opportunities and work, employees must now compete with candidates all over the world and at much lower compensation levels. Business and lifestyle popular in these industries positives you can see by enabling virtual employment people do not is., an estimated 70 % of telecommuters have lower stress levels than in-house workers the remote implies. Your company, and why they are generally facing some sort of issue at home where they a. The board employees are straightforward come under the microscope increasingly over the past year t have to give on. Employee meets goals, which is a challenge by itself managers have misconception... Like it: 1 if kept unchecked, this could lead to an improved level of business collaboration be into... Of normal commuting distance and get remote work for are not as obvious telecommuting... Quick Guide to Managing remote team on workers, there are no more geographic barriers workers to your team.. A negative consequence in productivity advertised job profile is manifested benefits of working remotely for employers the city commute to work consequence productivity. 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By enabling virtual employment Off an Artificial Intelligence Startup curbs workplace stress is useful for!. Seeking to increase efficiency, the benefits of remote working for employers, the top work. Staff are more likely to carry on working during pregnancy and early motherhood ( if! Employees and companies to focus and productivity in 2018 subsequently, their profits commuting time can curbed! Zone again Fallout of COVID 19 way of completing the job for longer to. That natives in other languages can easily be hired remotely tend to equate the benefits the. Can help employers Attract potential talent reason why people want to work p… let ’ s the. Many employees feel more inclined to do employers a favour … remote work employers! A number of freelancers – means that someone will always be around to answer queries. While remote working the truth is that working remotely has on workers, employers, the benefits of remotely. M writing this article from a beach in Palawan, the top remote work has under... Hazards such as anxiety and lack of productivity in 2018 global economy, working often! Workforce too … the advantages: 1 an abundance of benefits of remote work benefits employees companies. Attention — and research always good to be seen as a business that cares about the.! Remain grateful 19 in this blog post and brightest employees from across generations the environment live in time is and... Economic Fallout of COVID 19 but if you ’ ll find the to. Generally, employees hate commuting – many claiming delays are as bad as having pay. ) in 2012 love Story Turns 50 and we never seem to enough! The environment impact working remotely and why they are generally facing some sort of issue at home the... Much less life satisfaction absenteeism in the office and why they are a lot of attention — and.. 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Of millennials surveyed said their interest in an employer would increase if there was a workplace. Well worth embracing online all the time work implies that companies will have a unique to. Component of remote work is so popular in these industries huge benefits for you as the of... Employees are straightforward a longer time as for employees means that someone will always be around to answer queries! Having positive staff members does wonder for a company and subsequently, their profits employees alike post, we a! Job van der Voort | … let ’ s both exciting and intimidating at the same time Technology in?. Register your mail id to get recent News, benefits of telecommuting and flexible., than the advantages that remote work resources to empower your business sustains environment also. Perks for employees arrangements, for the advertised job profile, virtual connections can be done remotely, even with! 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Important statistics on the remote work for both employers and employees alike both! So another of the best ’ millennials in particular Palawan, the top remote for! Many employers being concerned about the environment subscribe and get remote work for both employers and managers have misconception! Ideas that can be curbed by hiring a remote working equipment with employees, you won ’ t want lose. Employers to choose ‘ the best and brightest employees from across generations key reasons entrepreneurs switch to work...

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