With the help of Wi-Fi and communication technology, working from a traditional office space is becoming less common. Remote companies are now giving people a chance to step away from their cubicles and work from the comfort of their homes.
Also called telecommuting, remote work is on the rise. According to Buffer’s 2019 State of Remote Work survey, 99% of the 2,471 respondents stated that if given the chance, they would like to work remotely either part-time or for the rest of their careers.
Businesses that have not adopted these policies yet may be falling behind. However, there are ways for organizations to begin managing remote teams as soon as they are ready. Let’s take a look at the eight most common benefits of remote working for employers.
Better work-life balance
One of the greatest advantages of remote-friendly work is that employees achieve a better work-life balance. This means they can manage their own flexible working schedules to create a balance in their personal and professional lives. People have the ability to work from their home office, coffee shop, or coworking space as needed.
Having a healthy work-life balance leads to long-term benefits for both employees and organizations alike. Remote workers are not only happier but are more motivated to produce high-quality work. Employers can further their support by offering time management and communication tools so teams can complete tasks and get things done more efficiently.
Increase in productivity
Would you like your employees to be more productive? Have them work from home. Most managers and team leaders don’t realize how distracting the traditional office space can be. It is impossible to stay focused with interruptions such as noisy coworkers and watercooler breaks. Instead, people can spend time in their own controlled environment – one that is conducive to deep thinking.
Employees who create their own flexible schedule will also feel encouraged to start work during their most productive hours. Some people are early birds, while others tend to be night owls. Either way, remote teams can boost their own productivity by completing projects based on their preferences.
With fewer people in the office, business owners can save a lot of money on traditional office space and resources. This includes rent, electricity, equipment, furniture, and amenities like coffee and snacks. Many remote workers use their own computers and laptops at home, meaning companies don’t have to spend money to update hardware.
Even if teams only work from home part-time, companies still save money in the long run. Flexible work can also reduce the rising costs of healthcare in the United States. Although working in open offices increases the likeliness of spreading sickness, teams working at home tend to get sick less often. So you are paying for employee health insurance, your premiums may go down over time.
Remote companies that invest in the right resources allow employees to save time and effort when working. Offered by Google, G Suite offers a range of cloud-based office productivity tools that make tedious tasks like data entry and customer support more efficient. For example, Google Docs, Sheets, and Slides allow teams to create and share information from anywhere.
One of the benefits of remote tools like Google Calendar is the ability to create multiple calendars that everyone can access. Google allows individuals to automatically create events and meetings, even if their teams are in different time zones. This makes working around scheduling conflicts much faster and easier.
Access to a broader pool of talents
In a world where unemployment rates are always changing, it is critical to find the talent you need to build up your brand. Unfortunately, organizations with full-time, in-house workers only have access to a limited pool of talent. They can only hire people within driving distance of the building. Remote companies, on the other hand, can recruit incredible people with talents they never otherwise would have gotten. This means businesses can bring in new skill sets and outperform their competitors.
Studies have shown that having a diverse workforce drives better business results. In fact, one report found that having a diverse management team generated 19 times more revenue than one of their less-diverse competitors. This is because adding remote employees from different geographic areas can add some perspective to your company. They can help you better understand local cultures or consumer preferences can impact your bottom line.
More than that, workplace diversity has become increasingly important to people conducting job searches. People want to know that the organization they work with is open to new ideas and points of view. Investing in a globally-focused team can make your work options more desirable.
Improved employee retention
Giving employees the chance to work from anywhere is a great incentive for job applicants and new hires alike. Remote jobs are a benefit that often motivates individuals to stay in their current positions, boosting employee retention rates. And when employee retention rates are improved, this sets off a chain reaction of other benefits. Organizations can enjoy a reduction in onboarding costs, reduced acquisition and training time, and increased overall productivity.
Better use of technology
Remote work is possible today because of the wide range of remote work technology and tools available. With increased Wi-Fi access, cloud storage, and smartphone applications, staying connected with your teams is easier than ever. In the past, managers would have to walk to the employee’s desk and see whether they are using their time well. With project management software and other programs, however, team leaders can monitor productivity without looking over someone’s shoulder.
Make remote work easy - with Happeo
Happeo is an all-in-one digital workspace specifically designed with your businesses in mind. Our platform brings together elements such as an intranet and collaboration tools into one easy and unified solution. If you are interested in unlocking the value of remote work, reach out to a knowledgeable member of our team today. We can help you improve employee engagement, internal communications, and even productivity.