In recent years, remote working has become the norm in various organizations. Multiple studies have been conducted on the potential benefits that remote working offers. There are a plethora of them, however, in this blog, we will look into some of the key benefits.
Without further ado, let’s get started!
1. Higher Productivity
Everyone has their own likings, pace and way of working. When there is no commute and employees get to work independently at their own convenience, it boosts their productivity. Such flexibility allows for getting more work done in the same amount of time.
2. Increased Employee Retention
Many employers have observed that remote work offers their employees an improved work-life balance, contributing to their overall satisfaction. Consequently, when employees feel valued, it results in increased retention and productivity.
3. Wider Talent Pool
All are aware of the restrictions that geography poses on the availability of the right talent in the required niche. Remote working eliminates that as well, offers to promote diversity in the organization and brings the best people to the table.
4. Reduced Costs
Some impressive anecdotes demonstrate how businesses can save big by going remote. One such is how IBM saved $50 million, and Sun Microsystems saved $68 million in real estate costs. Global Workplace Analytics calculates that if U.S. professionals with jobs that could be done remotely did so just half of the time, businesses could save $11,000 per employee.
5. Better Time Management
While working from the office, employees get stuck in unpreceded situations, which eventually wears them down. They get no time to relax and often complain about work stress. With remote work, there will be a balance between professional & personal tasks through calculated time management. Isn’t that a win-win?
6. Workers save time on Commute
Commuting is one major problem that remote work eliminates. While the IT crowd in metro cities travel for hours to reach their workplace, Remote workers are more inclined to even start off their day early due to the time saved through commuting — and as they won’t be rushing to make a train at the end of the day, they may well be happy to stay an extra five minutes to finish off any tasks. Happier employees are more productive employees.
To sum it up
Hiring remote workers not only removes the unnecessary burdens that come with conventional working but also shows the amount of trust and value an organisation puts into its people, ultimately leading to a healthy work-life.
We can conclude that working in a remote setting can bring significant benefits to your company which are reduced operating costs, access to the best talents worldwide, increased productivity, improved employee morale, etc. Such major advantages can help your company accomplish its mission quickly.
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