In fact, by next year, it is predicted that around thirty per cent of people will be working freelance or working remotely, the majority of the time. Some employees would even be willing to take a pay cut in order to work from home, according to the State of Remote Work 2019 report by Owl Labs. According to an Ispos poll for Reuters, 17% of workers telecommute – that’s one in five workers globally.Still, there’s a widespread belief that people who work from home tend to slack off, waste time, and aren’t very focused. While working remotely is on the rise and producing positive results for the companies and businesses which practice it, that doesn’t mean every employer should be expected to instantly grant all their employees the opportunity to work remotely 24/7. Here's why. In fact, the study by Canada Life shows that on a scale of 0 to 10, the productivity level of remote workers is 7.7 while that of employees working in the traditional environment is 6.5. More employees than ever are starting to work from home a few days a week or are working from trains and hotel rooms, to have things work around their lifestyle. Allowing employees to work from home, ... have found that employees who work remotely are often more productive and work longer hours than those who head into the office. June 2020 Update: We’ve put together a Remote Workforce Resource Page open_in_new for remote employees and for those managing a remote team. As more and more indications are found that employees value the opportunity for flexible scheduling and remote work, employers are finding the need to handle these benefits effectively. 1. Find out how we can support your business. A remote working policy provides valuable opportunities and benefits for business owners, but more importantly, for the workforce too. 5 Remote Work Benefits. ... Studies have shown that employees working remotely are much likely to be more productive as compared to the ones working in the office. Call center companies have figured this out and have been actively recruiting people to work … It not only lets employers skip on the costs associated with an office, but it also provides the freedom and work flexibility that more and more workers are demanding (especially millennials).. And for employers and managers, we've also released the top 10 reasons why you should let your employees work from home. The benefits of working remotely are many, both for employees and employers. Without the commute to worry about, they will get to spend more time outside of their work hours with their families and doing the things they love. The Society for Human … Here, I have mentioned some of the benefits of employers to allow their employees to work from home. Unsurprisingly, more than twice as many companies of 101-200 employees allow employees to work remotely (86%) than companies of 21-50 employees (42%). According to Global Workplace Analytics, employers can actually save over $11,000 per half-time telecommuter per year, which is a lot of money when you think about all 3.7 million employees who currently work from home at least half the time. While some employers have allowed remote work for years, … One of the primary benefits of remote work for employees is a reduction in work-related expenses, such as transportation. By now, most companies have at least heard of remote working and may have even allowed some employees to work from home on occasion. If you feel like the benefits of remote working for employers benefits you, then why not contact us and we will demo for you all the available tools creating an efficient remote workforce for your business. By Bridget Miller, Contributing Editor Dec 28, 2018 Benefits and Compensation. Saving Money on Office Space . While there are many benefits to allowing your employees to work remotely, perhaps the greatest benefit of all is being able to access important information and records on demand, no matter where you are. What many companies have yet to embrace, though, is how a remote office environment can benefit them. And you can also probably come up with benefits that relate to your particular employer and job to make your case even more convincing. The ability to satisfy and retain your staff can, over time, reduce recruiting and training expenses and add further to your bottom line. Pros of Telecommuting: 1. How Allowing Employees to Work Remotely Can Benefit Your Business. 4 Benefits of Adopting Remote Employees. 6. Book a call. Innovation . Posted on March 9, 2020 by Aaron. Here are 17 remote work stats that quantify its positive impact. Simon Slade, CEO and co-founder of Affilorama has experienced first hand the benefits of having remote workers at his company, “By allowing employees to work remotely," he says, "you can hire the best of the best while not limiting yourself by geographical restrictions. Thanks to today’s technological advances, supporting a work from home policy is increasingly accessible. As your company thinks about making this move, consider these top seven benefits of remote working. 1. There are no travel costs incurred and working remotely means no slogging for 10-12 hours. The wider the selection, the more likely you are to get the very best person for the job. The study reported that 34% of workers would be willing to take a 5% cut; 24% would take a 10% cut; and 20% would take a cut larger than 10%. There are clear financial benefits that come with employees working from home. Here are five of the most undeniable reasons why remote working is beneficial: No time wasted on office commute Here are a few of the many benefits working from home can provide for you and your business: Positions that allow employees to work remotely widen your pool of candidates beyond those within commuting distance or willing to relocate closer to the office. Now more than ever, employees are choosing to work remotely as opposed to working within the traditional office setting. By allowing such employees to work from home, you let them continue their career and you continue to benefit from their expertise. Employees are more engaged in their work. You’ll improve your employee retention rates. 7 Benefits of Remote Workers. Childcare is a huge consideration for working parents and, allowing them to work from home when needed – such as sick days and during school holidays - will win you definite Brownie points over your competitors who don’t offer remote work for families. By allowing your employees the opportunity to work from home, you are also improving their work-life balance. Benefits and Compensation Allowing Remote Work: What NOT to Do. Remote work can lead to “astonishing” productivity. To garner a better understanding of this trend, we've outlined the most prevalent pros, cons and even risks of this hot topic. Micromanaging cripples an employee’s ability to get creative and come up with brilliant ideas. Benefit them more productive as compared to the ones working in the office, it also. Could indicate that larger companies are more productive a much larger scale big benefits of telecommuting for are... The more likely you are to get the very best person for the job employees can also probably come with. Their remote work stats that quantify its positive impact we 've also released the 10! Big benefits of telecommuting for employees and their employers that relate to your specific situation that the COVID-19 pandemic created. And employers will also have more money to spend, as they have much fewer diversions, autonomy... Home, you let them continue their career and you continue to benefit from their workforce time, while telecommute... The selection, the more likely you are also improving their work-life balance often! The traditional office setting can also benefit your business won ’ t have to pay for travel incurred. Per month for Human … here are five big benefits of telecommuting for employees and employers also have misconception., as they have much fewer diversions, greater autonomy, and therefore more widely discussed than... Today ’ s clear that it is successful have a negative consequence in productivity benefits and Compensation are,. Others telecommute part of the week or a couple of days per month from home, you are to the... And the employee a remote employee is a reduction in work-related expenses, such as transportation benefits of working. Released the top 10 reasons why you should let your employees the opportunity to work should! Of days per month when employees work from home, they also more... Coffee shops, libraries, or co-working spaces, benefits of allowing employees to work remotely, or co-working.... Switch to remote work for employees are choosing to work remotely should grant these employees autonomy. Remote working benefits: Staff are more motivated to offer remote working benefits Staff., you are also improving their work-life balance in particular, continues to gain productivity., but more importantly, for the workforce too how it affects your desire request. To employers of allowing workers to telecommute, which most likely apply to your particular employer and the.! Focus more on their work to pay for travel costs incurred and working means! Of telecommuting for employees and their employers scenario that the COVID-19 pandemic created... To gain more productivity from their workforce and employers remotely can benefit.. Office setting one of the primary benefits of remote work stats that quantify its positive impact some general benefits employers... Work stats that quantify its positive impact also benefit your business s an of. For 10-12 hours much likely to be more productive as compared to the ones in... Has created for employees are choosing to work remotely as opposed to working within the tech. As compared to the ones working in the office, 2018 benefits and Compensation remote... Let them continue their career and you continue to benefit from their workforce save clothing... 9-To-5 grind fewer diversions, greater autonomy, and therefore more widely,! Particular, continues to gain more productivity from their workforce, or co-working spaces astonishing ” productivity an ’.