Remote working is a hot topic right now. It’s impossible to read any business site or blog without it being covered from all angles; how to build remote access teams, how to lead a remote team, tips for the home office, etc, etc. There are also conferences on the subject, like ‘Running Remote’ coming up in Bali this weekend 24th — 26th June, which is pulling in top brands like Github and Buffer. It’s clear to see that the revolution is gaining momentum and indications are that we are less than a decade away from reaching the tipping point.
According to the 2017 Gallup’s State of the American Workforce, from 2012 to 2016, the number of employees working remotely rose by four percent, from 39% to 43%. In the US alone, there are more than 3.7 million remote workers, which is about 2.8% of the whole workforce. In the UK, there are over 4 million remote workers. Numbers indicate that almost 50% of these are millennials. Furthermore, a study by The Flexible Revolution confirmed that 69% of millennials reported that they would opt for flexible hours and remote working over other benefits. Predictions are that by 2022, the Global Mobile Workforce will be 1.87 billion people, 42,5% of the total global workforce (Source: Strategy Analytics).
Source: Adobe Images
So what’s fueling the growth? Let’s look at three drivers of why ‘remote’ work is the new normal for many businesses.
It’s cloudy today
New and emerging technologies have completely changed what’s possible regarding the work environment. Cloud computing has grown exponentially, expanding seven times faster than non-cloud computing according to a report from IDC released in February 2017. We have all the tools and gadgets, and with access to faster and cheaper data, people can work from anywhere and at any time. The cloud has literally made the sky the limit.
Who really needs a bean bag?
Smart businesses have caught onto the benefits of not having to house employees in expensive offices. The flexible workspace not only cuts operational costs significantly, but also allows for two other very important things. Firstly, access to a far greater talent pool than only being an option for people who live in the immediate geographic vicinity. Secondly, without the metaphorical ball-and-chain of heavy office rentals and high running costs to maintain a fancy office and it’s barista style coffee machines and foosball tables, focussing on core business remains a priority. The outcome is agile and flexible businesses that react quicker to changes in the environment and subsequently are far more competitive.
Source: Adobe Images
Calling the shots
At the end of the day, all this fancy technology and caring about what business owners want means nothing if workers don’t agree. However, these digital natives, who know everything there is to know about technology, do want a work environment that doesn’t have them shackled to an office desk. Remember if you grew up reaching for a tablet before you could walk, being tied down to one location having to report into an office every day, seems a bit like being asked to use a dial-up telephone. They also don’t want to sit in traffic for hours a day to get to a said desk to prove to someone that they are in fact working. What they do want is to work with the best people, earning a high cloud based wage, doing a great job from anywhere they choose to work from.
Crossover for work is a fully remote cloud-based global company that has fundamentally changed how people work. With 5000 partners in 140 countries around the world, Crossover not only connects companies to the best talent from around the world, but also provides a seamless end-to-end solution for remote team management delivering a 50% improvement at a 50% cost reduction to current teams in under a quarter. For more information visit crossover.com