Today, we are living in the middle of a flexible work environment. Gone are the days when you used to enter the office at 9 am and leave at 6 pm. Now, more and more working professionals are opting for working remotely from the comfort of their home office. Trends indicate that by the end of 2024, at least 30 percent of employees will work on a freelance basis or work remotely even if they are into a full-time job. This way, there is work-life balance and the working force gets to spend much of their time at home, working as well as making money.
According to an article published on Huffpost.com, few may fret over the work-from-home concept, worrying whether they can adjust to an informal set-up. The answer is there is nothing to worry about. There are no travel costs incurred and working remotely means no slogging for 10-12 hours.
The benefits of working remotely are many, both for employees and employers. Here are five of the most undeniable reasons why remote working is beneficial:
No time wasted on office commute
When you do not need to make a tiring and nerve-racking commute to the office, it is undeniably one of the greatest benefits of working remotely. Time saved in commute also helps employers boost their productivity, as the workforce start working more efficiently than ever.
Little or no travel and working from the comfort of home has been linked to employee productivity, efficiency, and reduction in the number of absent employees. Whether you are traveling by pool cabs taking 1.5 hours to reach the office or commuting by train, the time wasted in traffic congestion is never to come back. When an employee works remotely from the comfort of home, he is full of energy to start working from his desk.
Working remotely also saves much of your traveling expenses. It means employees can spend the saved amount on domestic needs or what they like. The outcome is a delighted, motivated, and healthy workforce.
When employees work remotely, it helps companies to hire people from outside of the usual traveling distance. It could be mainly useful in places or professions having a dearth of skills, as small enterprises could broaden their network as well as work with the most efficient and skilled professionals, no matter where these people are based.
Reaching out to more applicants
Did you know one of the major factors behind the growth of the remote workforce is nothing but the millennial impact? As far as the Millennials are concerned, they are habituated to communicate online using their smartphones, tablets, and laptops efficiently from anywhere, anytime. Consequently, they would like to do so when it comes to their work, an environment that is flexible enough to let them work from any part of the world.
For the younger generation, workplace litheness is one of the key aspects they mull over when it comes to looking for a new role in a company. Studies indicate that the Millennials prefer flexibility and that is what they expect from an employer. This way, businesses can hire a talent pool of young and high-expertise workforce, who may not otherwise show any interest in the role in an organization. That is the reason why you can look for online platforms such as Search Remotely when looking for the best jobs from the comfort of your home.
More staff retention
Today, the greatest challenge is the high attrition rate of employees, especially losing young talents and convincing them to stay with the organization. The problem is more acute for small-size businesses that fail to compete with giant corporations due to remuneration and perks. That is the reason why small companies are looking for employees who prefer remote work. Cake.hr can also keep these companies afloat.
Never-ending meetings and out-of-date business practices keep employees in big companies bound tightly to their desks; the dexterity and entrepreneurial strength that is lively and excellent in several small enterprises provide employees the liberty and flexibility they want.
Working from home also provides parents to take care of their little kids, the flexibility they long for or crave, especially working moms. Employees indeed benefit from improved work-life stability. Then, all these factors play a pivotal role in retaining employees and reducing the rate of attrition.
An autonomous workforce
Letting your workforce the power to work remotely lets them operate in such a way that best suits their requirements. Today, Millennials are extremely particular about when and how they would prefer to work, be it any field. When it comes to a formal and rigid work setup, all employees need to follow the protocols. This is not the case when it comes to working remotely because the workforce enjoys more power and flexibility to work.
Some people would like a clean desk, serene settings, and mind mantra to give their best shot when it comes to working. On the contrary, youngsters like to sit on their living room couch with a laptop and a cup of coffee and work late evening or night.
Then, there are rules to work, whether from home or otherwise. The company needs to ensure that all employees working remotely deliver their work on time and not waste time. The workforce working from home can enjoy flexibility but need to work professionally and be punctual when it comes to work and project delivery.
Employees working from the comfort of their homes are more productive and efficient than those commuting to work. Based on a Canadian Life poll, remote employees have their productivity score at 7.7 and office workers at 6.5. Even a Stanford study shows that remote workers are 13 percent more productive than those working in a traditional office.
Working from home is beneficial for both employees and businesses. The workforce can choose to work according to their convenience and flexibility provided they complete their tasks sans any errors and deliver on time. Enjoy work and make money without wasting time on the commute.