No More 9 to 5: This is how we benefit from ‘remote work’
- mujtaba
- August 3, 2023
- Blog
- IT Staffing Services, Remote Career Development, Remote Jobs, Remote Work
- 0 Comments
Working from home or remotely has revolutionized the traditional work setup and is
becoming an increasingly popular trend in today’s modern workplace. The benefits of this
style of work are endless, and more and more businesses are recognizing the advantages it
offers. Lets delve into the various perks of working remotely and explore how this type of
work can revolutionize the way we think about work-life balance.
1. More Productivity: The first benefit of working remotely is an increase in employee
productivity. Studies show that when employees work from home, they tend to be
more productive, leading to better results for the company. For example, a study
conducted by Bloom et al. (2015) found that a Chinese company of 16,000 employees
experienced a 13% performance increase when employees worked from home.
2. Saves on the literal cost of Commuting: With housing prices on the rise, more and
more people are realizing the advantages of remote work, enabling them to live in
areas of their preference rather than being restricted by the proximity to their
workplace. Long commutes can have a significant impact on job satisfaction. In a
survey conducted by Airtasker, it was found that 1 in 4 respondents had quit their jobs
at some point due to long commutes. This highlights the importance of considering
remote work or flexible work arrangements for employees who have to travel long
distances to work. Additionally, employees who have to travel long distances to reach
their offices are more likely to be absent and less satisfied than short distance
commuters (Wang et al., 2021).
3. Save Employer Money: Telecommuting offers significant cost savings for employers.
Nearly six out of ten identify cost savings as a major benefit. Companies such as
Alpine Access Remote Agents have experienced increased sales, reduced customer
complaints, and decreased turnover. Additionally, remote work has allowed
companies like IBM and McKesson to save millions on real estate costs. Nortel
estimates saving $100,000 per employee they don’t have to relocate. These cost
savings can be a game-changer for companies in high overhead industries. As remote
work continues to become more prevalent, more companies are likely to embrace it
for its cost-saving benefits (Global Workplace Analytics, 2021).
4. Expanding Talent Pool: Expanding the talent pool through remote work offers
numerous benefits for both employers and employees. Firstly, it breaks down
geographic boundaries, allowing companies to tap into a much larger pool of potential
candidates, regardless of their location. Additionally, remote work provides access to
disabled workers, allowing for more inclusive hiring practices. This not only benefits
employees, but also employers who can retain skilled workers who may have
otherwise left the workforce. Moreover, remote work provides a more diverse
workforce, with access to individuals from different geographic, socioeconomic, and
cultural backgrounds. Finally, with over 70% of employees stating that the ability to
telecommute is an important factor when choosing their next job, remote work can
provide a competitive advantage in the job market.
5. Remote Work is Here to Stay: The trend towards remote work is expected to continue
in the future. LinkedIn’s Global Talent Trends Report for 2019 found that 72% of
talent professionals agree that work flexibility will be important for the future of HR
and recruiting. Additionally, there has been a 78% increase in LinkedIn job posts
advertising flexible work arrangements in the past two years alone.
Related Posts
Recent Comments