What are the advantages of remote working?
What are the advantages of remote working?
For businesses
1. Cost savings
Through remote working, companies can save costs such as space rental, water and electricity bills. If a team is fully remote, companies can save money on rent and office furniture . In a survey on remote work, 88% of organizations agreed that they had realized real estate cost savings through remote work in the past three to four months, and 92% expected to realize cost savings in the next two to three years.
2. Expand the talent pool
Through remote work, we can break geographical restrictions, broaden the scope of recruitment, recruit talents from all over the country and even the world, and recruit high-quality talents from other places more flexibly. This is very necessary to recruit talents who cannot work in the office during the epidemic, which greatly expands the company’s talent pool and brings more possibilities for the development of the company.
3. Increase organizational flexibility
Hiring remote workers, including finding freelancers, can not only greatly improve the flexibility of enterprises, but also provide development opportunities for startups. It not only solves the problem of finding talents, but also simplifies the process of traditional employment models, so that enterprises do not have to bear huge burdens. The organizational structure helps the company grow faster.
4. Improve productivity
Remote employees are more likely to go the extra mile on the job, go above and beyond, and get their jobs done than employees who are in the office . According to the report, 65% of full-time employees believe remote work will increase productivity. Two-thirds of managers surveyed reported an increase in overall productivity among remote employees.
5. Obtain healthy and happy employees
Employees with higher job happiness tend to have more organizational citizenship behaviors and lower turnover intentions. In a TINYpulse survey, remote workers reported that they were happier and felt more valued . At the same time, employees who work remotely have higher autonomy and lower turnover intention.
for employees
According to a telecommuting survey
- 63.4% of employees believe that “ flexible and free working location ” is an advantage of remote working;
- 57.4% of employees believe that “saving commuting time and costs” is an advantage of remote working;
- 41.2% of employees believe that “helping balance work and life” is an advantage of remote working.
Remote work encourages greater work-life flexibility, which can improve employees’ quality of life and increase employee happiness.