While much has been written about the positive effects of remote work for individuals, it is equally important to consider the upsides for companies.
Although remote work has many advantages for workers, it is important to note that it is not a one-way track. According to various studies, telecommuting has the ability to increase productivity and attendance. Employers also stand to gain a significant amount from having remote teams in place, provided that adequate planning and expert management is carried out.
In this piece, we’ll discuss the win-win nature of the work-from-home arrangement for both businesses and their staff. Read on about the five ways that you can profit from introducing remote work to your company.
The biggest issue companies usually have with allowing their employees to work remotely is the misconception that they won’t be as productive as in the office. However, a home office gives employees the freedom to work in an environment that is both relaxing and productive. This usually results in an atmosphere that’s far more conducive to effective work than the typical workplace.
Employees in some fields, such as the technology sector, are often expected to put in “blocks” of time when they are completely focused on their tasks. Because of the need of having a quiet place to work without interruptions, telecommuting has become more common in various fields.
However, employers still struggle to motivate employees and increase productivity. A tried-and-true method for staying on top of your remote team management is investing in reliable remote time tracking software. By integrating this technology into your routine, you can guarantee that your remote workers are making the most of their time. Besides benefiting you as a manager, it allows your employees to make sure they don’t take more work than they can handle and risk burnout.
Cost Savings on Equipment
Supplying a packed working environment with the proper equipment can prove to be a costly process. There is a wide variety of office supplies that you may need to buy, including computers, printers, photocopiers, paper, work desks, ergonomic seats, and more. With the option of working remotely, many of these expenditures can be avoided or greatly reduced.
For instance, many businesses let staff use their own laptops and cellphones to work, which results in a significant reduction in the expenses connected overall. The use of resources such as paper will also be considerably reduced. Some workers may already have their own desks and chairs, which means it might not be necessary to purchase new ones.
Reduction in Employee Turnover
Another major benefit is the possibility of lower worker turnover due to the ability to keep personnel for longer. This could be significant since replacing an employee that is leaving requires investing time and money into recruiting a new worker and training them, so they can carry out their duties professionally.
There are several ways in which remote work may help businesses keep their employees around. A lot of workers like having the option to work from home or another location apart from the workplace. Also, it allows stay-at-home parents to continue working when they would otherwise have to give up their employment. The difficulty of physically moving somewhere else is also decreased.
Expanded Sources of Potential Employees
The elimination of various job constraints often associated with office-based working arrangements is a perk of remote work that is sometimes neglected. As a consequence of this leveling of the playing field, businesses can find the best possible candidates for any given position, regardless of their location.
Since employees are expected to show up to work in person, it’s only logical to focus your recruiting efforts on those already in close proximity or those eager to move. But, when it is possible to manage remote teams, geographical constraints become far less important, and candidates can be recruited from all over the globe.
Enhancements to Environmental Credibility
There is mounting evidence that consumers prefer greener practices and longer-lasting goods from the brands they support. They are also prepared to put their money where their mouth is by favoring businesses they think are behaving ethically and ecologically responsible, and avoiding those they think are behaving unethically.
The environmental advantages of lowering or eliminating daily travel to the office are an attractive selling point for companies with remote workers. When coupled with a more extensive green plan, this has the potential to pay off by attracting the most eco-conscious clients.
Working from home may bring a number of significant advantages for workers, and they are often highlighted when attempting to illustrate the benefits of telecommuting. But, it is also worth noting that with proper preparation, the companies that choose to implement remote teams can also reap the benefits of allowing their employees to work from home.