This can also lead to greater camaraderie among team members, even if they are not physically together. Research shows that companies employing remote workforce earn more than those who don’t. Data reveal that companies save around $11.000 yearly per remote worker – a 21% profit increase.
Also, remote professionals can avoid exposure to illnesses that may spread in a traditional office environment. Moreover, remote professionals can customize their work schedules to peak times, allowing them to complete tasks more efficiently. They can also take breaks when needed to recharge and avoid burnout. Check out our post about companies that offer remote opportunities and also amazing privileges and bonuses. Remote employees can create their own work schedules, accommodating personal commitments, preferences, and peak productivity times.
- Remote work also makes it easier for employees to manage doctor appointments, check on an ailing parent, accommodate a child’s school schedule or other challenges.
- In response to the pandemic, many companies ended up with their own experiments with the benefits of working from home.
- In a remote work world, this means managers can no longer walk across the office to check in on their employees.
You can ditch the time-consuming commute.
At home, you can have more control over the environmental impact of your office. Turn off most of the lights in your home, use surge protectors, and set your office equipment to power-save mode. There are also federal and state incentives to improve the energy efficiency of your home. Next on the list of remote work benefits for employees is that this work model can help you manage your time more effectively. In a globalized economy, businesses need to be able to compete with organizations from all over the world. By offering remote work, they can level the playing field and attract top talent, regardless of location.
You may experience the bias some remote workers report.
Obviously, certain industries won’t be able to adopt remote work policies. However, for positions that can be performed remotely, it’s to your company’s advantage to explore a more flexible work environment. At least half of employers responding to remote work surveys report that working from home reduces employee absenteeism. When you trust your employees to benefits of working remotely shift their work schedules to accommodate their needs, they’re able to get tasks done more efficiently.
Working remotely saves companies money
I work from home for a technology marketing agency, so I can use these stress-relieving strategies as needed without distracting anyone. But the driving forces behind this new world of work go beyond just the pandemic. They include technological advances, the changing demographic of the workforce, and the rise of the gig economy. Typical personalization options include setting up a standing desk, working in complete silence, or playing music while you work. This is increasingly important in today’s climate of digital transformation, where businesses need to be agile and adaptable to survive.
As a result, it can reduce your employee turnover as well as the expense of hiring, training and retaining new employees. Remote teams enable businesses to rent smaller office spaces — or even move to a remote, cloud-based operation completely. This saves organizations money on rent, utilities and other office supplies. A frequent complaint in today’s world is the difficulty of striking a good work-life balance. Working eight or more hours a day leaves little time for family — especially when commutes and sleep are factored in. Working from home eliminates lengthy commutes, enabling more time with loved ones.
When practiced correctly, the benefits of working from home are numerous and can lead to a healthier and more productive workforce. Over nine months, Stanford’s study of 16,000 workers found that working from home increased productivity by 13%. The increase in performance resulted from a quieter, more convenient working environment and more minutes per shift. Loneliness and collaboration challenges were the biggest struggles for remote employees, according to a 2020 report by social media company Buffer.
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