Not commuting, as Bloom and his co-authors note in their paper on working from home, can save employees an immense amount of time. The average American spends about 55 minutes, round-trip, commuting each day. In Bloom’s study, the group that worked from home normally spent an average of 80 minutes commuting in Shanghai. In order to retain talent, many companies today must consider allowing employees to work from home. An October 2021 Gallup’s State of the Workforce study conducted in May to June 2021 showed that 91 percent of employees desire at least some type of remote work. In response to the pandemic, many companies ended up with their own experiments with the benefits of working from home.
Greater Flexibility
This gives them a better chance of finding the best possible candidates for the job, thus improving the workforce quality. Improved performance also affects the bottom line by reducing the need for overtime or extra staff. If you want easy recruiting from a global pool of skilled candidates, we’re here to help. Our graduates are highly skilled, motivated, and prepared for impactful careers in tech.
When remote workers don’t feel micromanaged and believe their employer trusts them, they are more likely to develop positive feelings toward organization leadership. In turn, workers will be less tempted to look elsewhere for employment, promoting a sense of loyalty and dedication. Even if workers aren’t looking for new jobs, they might be less inclined to call out of work at random.
Higher productivity
When remote work is an option, businesses can cast a wider net when recruiting new employees. Since they’re no longer limited to local candidates, they can tap into a global talent pool. And with the rise of high-speed internet and mobile devices, it’s easier than ever for employees to stay connected and productive from anywhere in the world.
Lower Costs For Equipment And Office Space
(Maybe all three!) Just keep in mind that in some cases—like employers that want you to attend in-person meetings once a week—changing locations may not be ideal. You should also make sure to check that your organization can legally employ someone based in the state or country you’re looking to move to. More than a mere workplace trend, the concept of working from anywhere at any time is the future state of work. Technology is going to become more advanced and bring us all virtually ever closer together.
They can also enjoy a better work-life balance, increasing happiness and well-being. They can take breaks to exercise, prepare healthy meals, or practice mindfulness. This can reduce stress levels, improve sleep quality, and improve overall health. On average, Americans take 52.2 minutes to commute to and from work each day. Moreover, remote professionals can control their work environment’s noise level, temperature, and lighting, impacting their concentration and mood. Working remotely allows employees to manage their personal and professional lives more effectively.
As someone who works remotely, you’ll also have more freedom and autonomy to do your job the way you want to. For instance, you won’t be micromanaged as closely as you might in a traditional office setting. Having looked at the key advantages of remote work for employers, let’s now discover the benefits employees can enjoy. One survey suggests that companies can save $11,000 annually on average per part-time remote employee, translating to 21% greater profitability. Moreover, 34% of employees responding to a 2019 Owl Labs survey indicated they’d take benefits of working remotely a pay cut for a remote position.
CareerFoundry is an online school for people looking to switch to a rewarding career in tech. Select a program, get paired with an expert mentor and tutor, and become a job-ready designer, developer, or analyst from scratch, or your money back. But when you work remotely, you can set boundaries and establish rules to minimize distractions, thus maximizing your productivity.
If you usually hit an afternoon lull at 2 PM, for example, you can take a quick power nap or go for a walk to refresh yourself for the remainder of the workday. At an office, you might feel you need to ‘power through’ like your coworkers, but taking these micro breaks can increase work engagement and productivity. There’s never been a better time to pursue a career in a remote-friendly industry. So, if you’re feeling stuck in your current job or looking for a new challenge, now is the time to consider a career move.
- They include technological advances, the changing demographic of the workforce, and the rise of the gig economy.
- Someone who moves or fidgets often through the day can do so without worrying about distracting others.
- Another benefit of remote work is that it can increase employee productivity.
- Let’s break this down and consider the most important advantages of remote work from both perspectives, starting with the two just mentioned.
- Still, the reality of a 30-second commute from bedroom to home office (or dining room table) is more complex than the fantasy.
This means they can hire the best talent from anywhere in the world, regardless of location. Wallins suggests consciously enjoying those temptations in small doses (say 10 to 20 minutes) and without guilt. She also recommends creating tiny rituals or events to carry you through the days and weeks so your structure doesn’t exclusively come from meetings and deadlines, which can be demotivating. Enjoyable, at-home rituals could be as simple as walking the dog, doing 10 minutes of yoga, or scheduling a lunch every Thursday with a local friend who also works from home. Still, Bostwick says her colleagues are adjusting remote collaboration and creating a remote team culture.
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