Did you know that there has been a 115% increase in the number of people who are working mostly from home in the last 10 years, making remote work the fastest growing mode of commuting? According to a recent study by (World Workplace Analytics), remote jobs have increased by 173% since 2005.
It’s obvious that corporations should do more to support their remote employees. It’s a quickly rising trend, and the hiring option of remote work has become also increased for such workers who are in North America. Moreover, 74% of office-based workers claim that they will change jobs if the employer provides remote work. The advantages of having remote workers aren’t restricted to the freedom they allow individuals; they also benefit companies overall.
There are alot of advantages of hiring an employee who works from home. Therefore people like to hire remote workers rather than in-house developer teams for their new startups. However, we have also mentioned some advantages below;
As Owl Labs reported in their 2017 State of Remote Work research, remote work businesses have seen a 25% lower turnover rate, which indicates that remote work (home-based) is a successful retention choice for businesses.
When employers want to change their highly experienced staff but think that it will cost more than the employee’s yearly income, we clarify that it gives a benefit. Because the advantage of working remotely helps to reduce many factors where an employee wants their professions like commuting, physical problems, or life issues.
The average company may save $11,000 per worker annually by allowing employees to work from home. However, it also saves your money which spend on renting or buying any office space. Plus, it benefits remote workers also to save their money on things like computers, electricity, traveling, etc.
According to Gallup’s research, employees who spend 60-80% of their time away from the job have the highest levels of engagement. The improved productivity might be affected by a variety of factors. According to a study by Stanford professor Nicholas Bloom, work-from-home employees are more productive than those who travel to the office every day.
According to the survey, remote workers are less stressed and more productive rather than in-house workers. Due to the flexibility of work, they are efficient because they like to work at any time they want and work extra hours every week. It’s also easy for employees because they don’t have to deal with the long commutes in areas like New York or San Francisco.
Why aren’t more companies taking advantage of the benefits of a remote workforce? It’s possible to see both the advantages and disadvantages. Companies with employees located all over the world may run into issues concerning communication, company culture, and worker productivity due to their global reach. While remote employees have problems, there are ways to minimize them and maximize their benefits.