Today, the concept of remote work is becoming increasingly popular with more and more companies. The tendency started with the outbreak of the global pandemic, and it doesn’t seem to be leaving us any time soon. There are various obvious advantages of remote work for employees, including lower costs, more free time, and more.
But what makes remote working beneficial for the employers?
💸 Cost saving
One of the benefits of employees working from home is the cost savings. Depending on whether the organization is completely virtual or not, employers can save on:
✔ Rent
✔ Utilities (water, electricity, Wi-Fi)
✔ Building maintenance
✔ Cleaning
✔ Provision of a coffee shop or restaurant
✔ Equipment
✔ and much more
💡 Pool of talent
Business owners have a wider choice of employees when selecting remote workers. They don’t have to hire the local professionals and can recruit anywhere in the world, contributing greatly to the solutions of the skills mismatch and unemployment problems existing in today’s labor market.
Such recruitment provides a greater opportunity to find staff with specialized skills, thus allowing savings on training and relocation costs.
🚀 Productivity
Productive employees mean greater efficiency and more profit. And employees’ work from home increases productivity.
Several studies over the past few months showed productivity growth for participants working remotely rather than working in an office. On average, those who work from home spend 10 minutes less a day being unproductive, work one more day a week, and are 47% more productive.
According to another survey by ConnectSolutions, 77% of those who work remotely at least a few times per month show increased productivity, with 30% doing more work in less time and 24% doing more work in the same period of time.
Thus, remote working is in all likelihood here to stay — contributing to both improvements in personal experience, as well as providing solutions to greater problems existing in the labor market.
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