Delving further into this interesting phenomenon reveals the following benefits of remote working that is fueling this surging popularity.
1. Remote Working Improves Employee Productivity
There is something dreadful about being stuck in a five-by-three-foot cubicle for extended hours completing a task that requires a lot of focus, which can actually be done elsewhere with the same or greater level of efficiency. This is one of the reasons why progressive employers are encouraging their employees to work remotely rather than working the traditional 9-to-5 schedule. The payoff – as far as productivity of employees goes is nothing short of impressive. There’s a degree of ‘freedom’ that accompanies remote working that is impossible to replicate when adhering to the conventional 9-to-5 regimen of onsite working. Simply put, people value flexibility and freedom.
Numerous studies has also demonstrated that the culture of remote working is often also accompanied by a boost of productivity particularly among millennial’s.
2. Remote Working Increases Employer Loyalty
It is common knowledge that happy and engaged workers have a tendency of staying in their jobs longer than disgruntled employees and in return, this saves the company a lot of money and time that is often spent finding and training new employees. According to a 2017 research, companies that have part-time or remote work options available as part of their operations are 25% less likely to lose their employees. In retrospect, this is actually one of the reasons why freelance platforms such as Alifery has managed to consistently attract and retain some of the best talent in the market.
Remote working often requires an employee to adopt a completely different mindset than the one they have when they are compelled to commute to and from an office. This new mindset and attitude towards work often correlate with the feeling of greater flexibility, personal responsibility and employer loyalty.
3. Remote Working Lowers Operational Costs
The fact that your employees don’t have to be physically in the office for it to run smoothly goes a long way in cutting back on operational expenses. It is possible, for instance, to reduce an employee’s transport allowance if they are not required to commute to work on a daily basis. The same applies to the infrastructural costs of setting up a modern working office environment for your employees; if they can work comfortably and effectively at home or another location they choose, then there is no need to spend hundreds of thousands of dollars annually in renting expensive working spaces.
This method of cutting back on operational costs, which was a few years ago predominantly popular only among the startup world, is now being adopted on a larger scale by big players and industry leaders such as Facebook, Twitter Inc, Amazon, Apple.
Besides, it is impossible to ignore the fact that remote working allows a company to open their pool of talented workers that are based outside their country or town.
The Future of Work is Definitely Remote
As technology and the surging demand of a specialised, flexible and distributed skill force continues to take center stage in employment circles, the need for remote work will inevitably also follow suit. Gone are the days when a company’s workforce was limited to their geographical or nationality pool. A new generation of employees – that can be hired from anywhere in the world – is slowly changing the dynamics of where and how work is completed.
According to researchers, more than 66% of workers around the world will work remotely at least one day a week in one way or another. Such an observation clearly illustrates that the culture of ‘working from home’ or ‘working from anywhere’ is already catching up on those who are still stuck to the tradition of working onsite. The biggest driver here is the evolution of technology and the kind of immense power that it now wields.