Remote Working is Becoming the Norm
“Not only are bloggers suckers for the remarkable, so are the people who read blogs.” - Seth Godin
Introduction:
This has been going on since the latter part of the 20th Century and started in the 1990's
Remote working means employees no longer need to live near their employer's local area of operation. This widens the talent pool you can hire from, offering better hiring opportunities than ever before. Plus, without having to commute, employees gain extra time in the morning and evenings each and every day
The Value of Remote Working
Remote working provides businesses valuable opportunities for cost-savings, gives staff greater flexibility, and can even provide long-term economic advantages too.
Here are some of the benefits remote working can have on your business, economy, and people.
Reduced Overhead Costs
Having a remote team can save money. It's estimated that the average real estate saving is around $11,000 a year per half-time remote employee per year. When multiplied across your entire workforce, this figure represents a significant reduction in costs.
These savings take the form of reduced real estate costs, less spend on rent and utilities, and daily savings on commodities such as food and other services.
Studies also show that flexible working leads to healthier employees, which, alongside reducing absenteeism, often means they bounce back quicker after illnesses.
More Flexibility, Better Talent Acquisition
The choice in when, where, and how they work, has become a high priority for many professionals, especially those with lengthy commutes, family commitments, or unique needs. Flexibility is a big draw, with 40% of people agreeing that a flexible schedule is the biggest benefit to remote working.
Remote working means employees no longer need to live near their employer's local area of operation. This widens the talent pool you can hire from, offering better hiring opportunities than ever before.
Plus, without having to commute, employees gain extra time in the morning and evenings each and every day. And this can boost productivity, with as many as 77% of employees report being more productive at home than in the office.
A Global Workforce
Global enterprises already leverage the strength of remote working – taking advantage of local teams to deliver a better service to those markets. But these advantages are now starting to benefit the local teams themselves, dividing business units down to individual employees all over the world.
Although geographic constraints may present challenges in leadership, remote working technologies like video conferencing and cloud software lets you stay connected with your teams no matter where they're located.
Remote Working is Here to Stay
A combination of remote and on-site working is predicted to be the most beneficial model of working for the future, post-COVID. But, before you commit resources, it's worth evaluating your business needs, and deciding whether you could benefit from managed mobility services (MMS) provider to help.
