Working From Home - Here Is How Employers Benefit From It

The recent state of events imposed on us by the global coronavirus pandemic has provided us with some interesting conclusions.

Firstly, only essential workers have to work in situ, and they should be paid more. Secondly, the Internet should be free for all to use — it should no longer be viewed as a mere commodity, but a necessity. Finally, not only is remote work possible for most industries, but it’s also something that most companies should strive toward.

To Telecommute or Not to Telecommute: That Is the Question

Prior to the outbreak, roughly 44 percent of the world’s companies would not allow any model of working from home whatsoever. But, as most of these companies had to stop standard, everyday operations, working from home was made a top priority for everyone.

Through this small, yet important step, executives throughout the world realised that productivity did not have to suffer and that the employees were much more content overall.

Remote Work — The Money Saver

Another noteworthy aspect of working from home is that most employers benefit from it in terms of saving money. If you own a business, you know exactly how much funds you have to allocate for furniture, office supplies, logistics, utilities — and especially for coffee and cookies for those small breaks around the office.

However, when you let people work from home, you are bound to save a solid average of $11,000 a year per employee — and that is nothing to sneeze at!

Remote Work 2.0 — The Productivity Booster

To be fair, you probably feel like people working from home are not as productive as their in situ counterparts. This skepticism was justified at one point in time when we lacked sufficient data on work from home productivity and habits.

Yet, as it turns out, people working from the comfort of their own homes are more productive than those stuck in offices.

Namely, statistics point out that the average office worker works roughly 1.4 days less every month than the average remote worker. This adds up to over 16 days per year. Meaning, there is absolutely no reason for you to worry about the productivity of your remote workforce.

Tools of the (Remote) Trade

If you are still feeling slightly suspicious, you should know that there is an abundance of software that allows you to track your employees’ finished tasks, productivity levels, and more. Hence, even the most notorious control freaks will find this new level of technology very satisfying.

Increased Flexibility

Finally, note that former and current employees probably have a lot to say about the conditions at their workplace. Numerous statistics are provided by employees across the globe, and they want the same thing — workplace flexibility.

Some 35% of all workers have pointed out that if an opportunity for a work-from-home job came along, they would gladly take it and leave their current position.

In fact, employee retention rates play a crucial role in many businesses — employers spend at least 20% of their salaries to find a proper replacement. This is why you should consider allowing at least some remote days for your employees to stop them from seeking greener pastures.

Bottom Line

A happy worker is a productive worker, hence the employer is satisfied as well. All in all, by letting workers work remotely from the get-go, you open a whole field of opportunities that will allow you to hire long-time employees and boost the sense of camaraderie in your collective.