In recent years, and primarily due to the COVID-19 pandemic, a significant number of businesses have been embracing remote workforces. While it may not have been something they anticipated having to do, it’s hard not to be amazed by the sheer number of advantages such a work style can offer.
Even businesses that mainly operate outside of the digital sphere are noticing some incredible benefits, including these listed below.
Providing Inclusive Employment Opportunities
Everyone deserves to be employed, regardless of their background, abilities, race, and gender. However, inclusive employment opportunities can sadly be lacking in many places.
Remote workforces might be the driving force for positive change in the future. Since remote employees can work from wherever they are most comfortable and with the support networks they require, they may be more than suitable for roles within your establishment.
Lower Overhead Costs
Operating a business can be expensive, especially when you have costly overheads such as power, internet, water, and insurance. However, when your entire team works from their respective homes, you may be able to reduce those costs significantly.
You can likely downsize your office, use serviced offices to save money, or have no office at all. There is potential to save thousands of dollars each month.
Hiring from Anywhere
When you have specialized roles to fill, the hiring process can sometimes be long and arduous. People with the skills you need may not live in your area, and you may not be able to provide enough incentives for them to join your business.
However, when you operate your business remotely, you can take advantage of talent from all over the world. There’s no need to stick with your own geographical area when everyone accesses your business resources over the internet in the same way.
Some employers are dubious about allowing employees to work remotely, assuming they will take the opportunity to slack off. However, many studies have shown that working from home makes workers more productive.
They can work the hours they are most productive, avoid the commute, and are less likely to call in sick because they can work from the comfort of home.
Hiring new employees can be time-consuming and expensive. You have to create role descriptions, post job listings, read resumes, hold interviews, and eventually, provide training when you hire someone. If they quit months later, you have to carry out the process again.
Many factors contribute to a high retention rate, such as benefits like health insurance and excellent management. However, flexible work arrangements are among the most enticing. Employees who can schedule their work around their personal life are more likely to stick around because it’s hard to beat that kind of flexibility.
A Happier Team
Studies have concluded that remote workers are up to 22% happier than their non-remote counterparts. Happy workers tend to be productive ones who look after your customers with extra care, so this is a benefit most employers would like to experience for themselves.
Generally, this happiness comes from many factors, such as avoiding a long commute, saving money on travel and food costs, and getting to enjoy better work-life balance. Workers also love being able to live where they want rather than having to find a place that’s close to the office or public transport.
The benefits of remote work are shared among employers and their employees. There is money to be saved, higher productivity rates to enjoy, and workplaces can even be more open to inclusive employment opportunities. Workplaces that don’t have remote employees may like to consider this option in the future.