Remote working has become an increasingly popular and requested perk for employees.
The global pandemic forced many offices to allow their employees to work remotely and many have found that they prefer it.
Although the world is slowly returning to normal, work from home (WFH) has left an indelible mark on business practices.
- 1 Benefits of Remote Working for Employers
- 1.1 Cost-saving
- 1.2 Lower salaries
- 1.3 Less need for perks
- 1.4 Increased productivity
- 1.5 Hire natives in other languages
- 1.6 Reduced stress
- 1.7 Higher Productivity
- 1.8 Enhanced Collaboration
- 1.9 Increased Motivation
- 1.10 Reduced Staff Turnover
- 1.11 Reduced Need For Office Space
- 1.12 Increased diversity
- 1.13 Virtual onboarding
- 1.14 Reduction in absenteeism
- 1.15 Zero office politics
- 1.16 Increased Loyalty
- 1.17 More work for free
- 1.18 Can have work done 24/7
- 2 Benefits of Remote Working for Employees
- 3 Wrapping up:
Benefits of Remote Working for Employers
Skipping back 5 years, the vast majority of employers would have rolled their collective eyes at the thought of having entire workforces doing their job from the comfort of their own homes.
It would have been considered a recipe for disaster, with workers taking advantage of the situation to goof off or take longer lunches. Or maybe work a little less than they should.
But in 2020, things changed. And largely because of Covid-19, employers have had to change their tune when it comes to remote working – accepting the fact that a lot of their employees are going to be working remotely, either full-time or part-time.
Let’s have a look at some of the benefits of remote working:
- Utilities (water, electricity, Wi-Fi)
- Building maintenance
- Provision of a coffee shop or restaurant
The cost of running an office is more than the salaries you pay your employees.
Between rent, utilities, and equipment upgrades, it can get pretty expensive. By allowing their employees to work from home, employers don’t have to deal with all those costs on a daily basis – which means they’re saving money on overhead.
Less need for perks
When you’re in an office, you need to offer your employees a lot of perks to keep them happy – free food, gym memberships, and so on.
But when people are working from home, they don’t need those things because they’re already comfortable.
In fact, some remote workers actually prefer not to have all those extras because it feels like they’re being paid to be at home.
Employees who work from home are typically more productive than those in an office setting.
There’s no one to distract them, so there aren’t any time wasters around the water cooler or in the break room. This means they can actually get their work done quicker and with fewer interruptions.
If you’re an employer who is considering allowing your workers to work from home, these are just some of the benefits that you’ll enjoy.
And based on how things are going now, it’s likely that this will become a permanent perk for all your employees – so you might as well get on board now.
Hire natives in other languages
As more and more businesses turn to remote work in order to reduce overhead costs and increase productivity, it is important for employers to recognize the many benefits of this trend.
Some of these benefits include increased peace and quiet for employees, lower salaries for employers, less need for perks, and increased productivity.
In addition, another great benefit of remote work is the ability to hire natives in other languages.
Many businesses require employees who can speak more than one language fluently in order to communicate with customers or clients from all over the world. However, finding these employees can be difficult, especially if you’re looking for someone who is a native speaker of a less common language.
But with remote work, employers have the ability to search for employees from all over the world, which gives them a much larger pool of potential candidates to choose from.
And since many of these workers are already fluent in multiple languages, they’ll be able to start working right away – which is a huge benefit for employers.
In today’s fast-paced world, it’s no surprise that stress levels are on the rise. But what many people don’t realize is that stress can have a serious impact on productivity.
When employees are stressed out, they’re less likely to be able to focus on their work and get things done.
Fortunately, remote work can help to reduce stress levels for both employees and employers.
With fewer distractions and a more relaxed environment, employees will be able to focus on their work and get it done without all the added stress. And since employers won’t have to deal with as much office drama, they’ll be less stressed out as well.
Working remotely also allows employees to focus more fully on their work. In some cases, they may even be able to complete tasks faster than they could if they were in an open-plan office environment with distractions everywhere.
Remote working means that many workers are collaborating more seamlessly and effectively than ever before.
As well as reducing the need for face-to-face meetings, remote working enables employees to communicate and collaborate using a variety of digital tools.
We all know the saying: “You’ve got to give a little to get a little”, and in terms of the employer/ee relationships, this still rings true. In order to keep your staff motivated, it’s important to offer them some level of control and flexibility in how they work.
Allowing employees to work remotely is a great way to do this because it gives them a greater sense of ownership over their work.
Reduced Staff Turnover
Staff turnover is a concern for most larger companies and while working remotely is not the only solution, it can certainly help to reduce turnover levels.
This is because remote working allows employees to balance work and family commitments, or simply find a job that suits their lifestyle better.
Reduced Need For Office Space
Another rather large benefit of remote working is that it reduces the need for office space.
This can be a real boon for businesses that are expanding rapidly or those that are looking to reduce their overhead costs.
When you allow employees to work remotely, it can lead to a more diverse workforce.
This is because people from all over the country (or even the world) can apply for your vacancies, regardless of their location.
This increased diversity can bring a number of benefits to your business, including different perspectives and a wider range of skills.
A relatively new benefit of remote working is the ability to onboard employees virtually, taking up less time hiring new members of staff – this means you can interview and hire candidates all over the world, even if they are not currently living in your country.
Reduction in absenteeism
This may seem a little obvious but allowing employees to work remotely also reduces absenteeism rates.
This is because they are more likely to be able to keep on top of their work while they’re away from the office and can ensure that it doesn’t suffer as a result.
This, in turn, can reduce your company’s overall employee absence levels and lead to higher customer satisfaction levels.
Zero office politics
Not having to commute in can also get rid of what some people refer to as “office politics”. In other words, without co-workers around it can be easier for employees to focus on their work.
While there will always be some level of office politics, working remotely can help reduce this and make your team happier and more productive overall.
When employees are given the opportunity to work remotely, it can lead to increased loyalty from them.
This is because they feel appreciated and valued by their employer, and trust is built as a result.
This, in turn, can lead to a decrease in staff turnover and an increase in employee productivity.
More work for free
Employees tend to work longer than the contracted hours when they’re allowed to work remotely. In fact, a study by Harvard Business School found that employees who work from home tend to put in an extra 48.4 hours per year.
This is because they are more likely to take less time off and are often more productive when working in their own environment.
Can have work done 24/7
With employees located in diff places around the world, you can work done around the clock. This is a big advantage for businesses that need to be responsive to their customers 24/7.
Benefits of Remote Working for Employees
Being able to work from home is, for a lot of people, the ultimate perk. And it’s not just about being able to stay in your pajamas all day (although that is a definite bonus).
Below are some of the benefits employees experience when working remotely:
Peace and quiet
If you’ve ever worked in an office, then you know how frustrating it can be when there’s too much noise.
This is especially true if you work on a cube farm, where people are constantly talking on the phone or banging away at their keyboards.
Now that remote workers don’t have to worry about all that background chatter and clatter, they can actually get some peace and quiet, which allows them to focus on their work.
Health and happiness
When it comes to health and happiness, remote work is one of the best benefits you can offer your employees.
Not only does it give them a better work-life balance by allowing them to spend more time at home with their families, but it also allows them to avoid many of the negative aspects of working in an office – such as stress, long commutes, and unhealthy office snacks.
In addition, studies have shown that employees who work from home are generally happier and healthier than those who don’t.
More time for leisure activities
The biggest perk of working from home is the increased availability of time for leisure activities.
Employees who don’t have to spend as much time commuting or at the office will be able to use that extra time to pursue their hobbies and interests, spend more time with family and friends, or even go back to school.
And since work stress can have a negative impact on both physical and mental health, having more time for leisure activities can also lead to improved health and well-being.
Better work/life balance
One of the biggest benefits of remote work is the improved work/life balance that employees are able to enjoy.
Since workers aren’t confined to an office for eight or more hours a day, they’ll have far more free time during which they can do things like spend more time with their families, take kids to school/collect, go out with friends, exercise, and participate in other activities.
By prioritizing the family, remote work also allows employees to have a more stable home life – which is especially important since it has been shown that happier families lead to happier and more productive workers.
Less Commuting Time
A major perk of working from home is that employees can avoid the time-consuming and stressful commute to and from work.
Not only does this give workers more free time, but it also reduces their exposure to road rage, traffic accidents, and other hazards.
In addition, studies have shown that commuting can have a negative impact on both mental and physical health – which is yet another reason why remote work can be beneficial for employees.
More opportunities for creativity
In traditional workplaces, employees are often faced with the challenge of having to come up with creative solutions to problems without the freedom to explore different options. However, when working remotely, workers have far more control over their environment and can take the time to explore different approaches to their work.
This not only leads to more creativity but also allows employees to find new and innovative ways of doing things – which can benefit both them and their employer in the long run.
One of the main benefits of remote working is the increased flexibility it affords employees.
With no need to commute to an office, workers can set their own hours, take breaks when they want, and even work from home if they need to. This can make a big difference to work-life balance, and employees are often more productive as a result.
There are many benefits to allowing employees to work remotely. From reducing staff turnover and office space needs to increasing diversity and loyalty, there are plenty of reasons why businesses should consider allowing their team members to work from home.
Not only does this create a more productive and happier workforce, but it can also lead to significant cost savings for the company.
Are there any other benefits of remote working that we didn’t cover in this article?
Let us know in the comments below.