We are definitely going through an era where remote work is the present, and the next big thing! It adds more value to the digital revolution that the world is experiencing. Flexible workplace revolutions have given employees the freedom to engage in a variety of activities. By the end of the year 2020, more than 40% of the workforce will be working as freelancers, or from home. This means, remote work will become more and more popular in the upcoming days. With this being said, here are few benefits of working from home (or anywhere from the world).
No more commuting hassles!
When you engage in remote work, you don’t have to go to work. This as obvious as it sounds. And, the process of not traveling to work removes a big burden for many employees. This will have a direct impact on the overall performance of your business. The overall wellness and health of the employees will increase. As a result, your employees will become more productive. They will not be bothered by common thoughts of absenteeism. A train ride that goes on for hours, or a bus ride that is tiring – will impact on the productivity of your employees. But, remote work ensures that they stay fresh most of the time.
Better employee retention!
It takes a good amount of comfort to engage in remote work. And, for employees to reach this height, it would take plenty of time. Thus, employees would think twice before switching to a different company. This is one of the biggest headaches faced by organizations. Losing their cream layer can affect business in many ways. But, by offering benefits like remote work, you can worry less about such incidents!
If your employees are new parents, it gives them the freedom to stay at home, work and have a moment with their children too. And, this signals a brilliant sign of “work-life balance”. Consequently, nothing plays a bigger role in retention than work-life balance.
When your company starts to stress on remote work, more applicants will be inclined to work with your organization. This will be a key reason for more applicants from a wider pool. Generation X is all about convenience. Even highly skilled millennials consider remote work as a perk.
Finally, remote work delights companies with reduced costs. You don’t need to invest in expensive office spaces. And, you don’t need to worry about high utility bills. The cost of running your venture will become cheaper, and more efficient.