Before the idea of remote work is even mentioned, businesses must be sure they can meet or exceed security expectations to minimize a cybersecurity disaster. Remote teams enable businesses to rent smaller office spaces — or even move to a remote, cloud-based operation completely. This saves organizations money on rent, utilities and other office supplies.

These remote-friendly organizations no longer have to make do with local talents that don’t fit their provisions. For instance, if a company has a limited budget for a particular role, candidates in their location with a high cost of living might not be the best choice. Research shows that companies employing remote workforce earn more than those who don’t. Data reveal that companies save around $11.000 yearly per remote worker – a 21% profit increase. From saving money to time, there are many benefits that come from working remotely.

More effective communication

While this might not be an issue when done on the odd days, when done regularly it can skew the work-life balance. This can trigger poor job satisfaction and burnout, leading to time off. Instead, promote healthy conversation around the need for breaks how companies benefit when employees work remotely and how they can be factored into the working day. For the vast majority of employees, meaningful benefits are so important, they even trump a higher salary. One of the biggest benefits of remote working for a business is that it unlocks new talent.

Other employees have commitments outside of work that make it challenging to prioritize professional development. According to Owl Labs’ State of Remote Work, companies that support remote work experience 25% lower turnover than those that don’t. Many employees got a taste of remote work during the COVID-19 pandemic, and the majority want to continue to work remotely. The best person for the job probably doesn’t live within commuting distance of your office and might not want to move.

Personalize

Remote work means employees can work from anywhere — not just their home. If asynchronous work is appropriate, organizations can even extend operations beyond a typical 9 to 5 workday. Flexible working hours can be a godsend to employees who are night owls, or to those who have small children.

how remote work can benefit employees and companies

And it just goes to show that in this day and age, we don’t have to work harder, just smarter. And we’re able to do that when given an option of where and how to work. Many employers perceive remote work as nothing more than a necessary evil. The Bitfocus team, for example, includes members from Canada, Europe, and every region of the United States. There will also be less food and plastic waste since employees can cook and eat at home.

What the impact of technology and digital collaboration on the design and delivery of L&D over time.

While digital meetings can be less disruptive than in-person meetings, they are rarely the highlight of the workday. Himalayas is the best place to find remote jobs and hire remote employees. We’re focused on providing a job search and hiring experience with great UX focused on speed and efficiency.

But, in a post-pandemic world, people will have second thoughts about the necessity of physical meetings. As virtual meetings become a normal business event, the technology will also improve. The fact is, being able to work remotely depends significantly on a blend of sectors of employment, occupation and activity. It also found that developed economies are able to have their workforce committing 28%-30% of their working hours to remote work, without any loss of productivity. And so, the hassle of dealing with unreliable public transit is comfortably replaced by videoconference calls, and instead of camaraderie in the office, there is a quiet time for reflection and quality output at home.

Isolating the benefits of remote work

They heavily rely on face-to-face communication and collaboration to deliver projects on time and budget. Yet, the truth is even they can tame the disruption and come out of the crisis stronger. Alas, many organizations are scrambling to adjust to the new realities, such as social distancing and mandatory restrictions. These patterns are underpinned by strong reasons and sound economic logic. We’re going to highlight what are the main benefits one can reap by embracing remote work in 2020 and beyond.