8 Benefits Of Remote Working For Employees And Employers
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How does remote work improve productivity?
A study by Standford of 16,000 workers over 9 months found that working from home increase productivity by 13%. This increase in performance was due to more calls per minute attributed to a quieter more convenient working environment and working more minutes per shift because of fewer breaks and sick days.
Increased productivity, improved work-life balance, and reduced costs are just some of the ways remote work flexibility can be mutually beneficial. Hopefully, you now have some ideas for how to hire remote employees the right way.
Ways Remote Work Benefits Employees—and Their Employers
For the vast majority of employees, meaningful benefits are so important, they even trump a higher salary. One of the more obvious benefits of remote working for employers is that they will have to spend less – or nothing – on office space. 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. Hiring remote workers means that you’ll have access to a lot of employees who already have the necessary skill set benefits of working remotely required for the advertised job. Although there are some common pitfalls for first-time telecommuters that might decrease these benefits, you canhelp employees in their transition to working from home. Simply set clear boundaries and expectations for work hours, projects, and meetings that allow them to relax and feel confident in their productivity without going overboard. The best way to effectively communicate your expectations is with awork from home policy.
- Because remote work relies on technology, it forces businesses to adapt and grow their strategies in a responsible way.
- Remote work has a number of benefits for employees and employers including increased productivity, access to better jobs and talent, and lower costs.
- Telecommuting usually leads to fewer interruptions, less office politics, a quieter noise level, and less meetings.
- The entire process, from an employee’s first screening to their first day, is done virtually.
- CEOs who adapt rapidly by creating their ideal environment will build stronger companies and wind up with stronger, more committed talent.
Because remote workers aren’t shelling out for commuting costs and often save money on lunches and coffees, they often do not mind a slight reduction in wages. In this article, we’ll break down some of the other benefits of remote working and offer some tips on how tohire remote employeeswho are a good fit for your organization.
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Hire native speakers, bring in perspectives from other countries and cultures, and create a well-rounded group of professionals to innovate with. Thanks toproject managementsolutions like Wrike, it’s far easier to get everyone on the same page. Keep all communication, files, and approvals in one easily accessible place to eliminate time lost sifting through email chains or needlessly taxing progress reports. Improvecollaborationwith customer profiles and project updates in real-time. If there is an illness in the family, or the employee is sick, they don’t have to worry about calling out of work to take care of themselves or the family member. The employee won’t miss out on the hours that might be missed, and the company won’t miss out on their productivity and profit for the day. Not only are they saving money on where they live, but they are often saving money on gas and work clothing expenses.
- Businesses that have not adopted to remote work yet may be falling behind.
- As well as less stressed, employees who work remotely tend to have more gratitude.
- Remote employees have more control over when to take time off and how much time to take.
- Although working in open offices increases the likeliness of spreading sickness, teams working at home tend to get sick less often.
Some use AI and virtual reality tools to pair up remote colleagues for weekly chats. With fewer people in the office, business owners can save a lot of money on traditional office space and resources.