Remote teams get more done in less time allowing them to start new projects, spend more time doing what’s working, and ultimately improve your bottom line. Commuting length has been correlated with higher blood pressure and negative mood in the workplace. Remote companies save a ton of money on overhead because there’s no physical office. Ever. Numerous studies and research show that certain aspects of in-house work have negative effects on mental and physical wellbeing and these can be mitigated or reduced by working remotely. Nick's job stops there, and he hands over to the ... From start to finish: How to host multiple websites on Linux with Apache, Understanding Bash: A guide for Linux administrators, Video: 5 ways telecommuting benefits your company, Comment and share: 10 good reasons why working remotely makes sense. The cost-saving implications of remote workers alone make it a huge draw. Overall workplace stress is vastly reduced with 82% of remote workers reporting lower stress levels, and over 3000 workers were surveyed by FlexJobs who found 77% of respondents would be healthier if they had a flexible job and 86% would be less stressed. Remote work is good for the environment and, in turn, good for business. But who wants to work in the old headquarters? I am not alone in this belief. Nationwide's Wilkinson said, "When you're tweeting with people in your team close to midnight, it brings home that people are experiencing something beyond 'doing work' -- they're engaged in a different way.". They aren’t distracted by their coworkers. I guess it’s time to look at the benefits of working remotely and understand why people choose remote work! Even before the workday starts, telecommuting employees are better off than their physical commuting colleagues. All Rights Reserved, This is a BETA experience. Expect more staff to disappear from the old cube farm as more staff convince their bosses to let them work from home. The insurance giant Aetna shed 2.7 million square feet of office space resulting in a cost saving of $78 million per year. Recent studies conducted showed that nine in … Remote work removes the need for a commute and the associated negative effects. "Flexible working isn't just office or home -- there may be somewhere near home with better facilities," said Celia Donne, global operations director of Regus, an office accommodations provider. Remote work also helps improve retention rates by 10% so you can keep more of your top talent for longer. Some employees work remotely only when the office is on fire. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Got A Client Who’s Stuck On The Minutiae? Organizations are able to spend less on real estate to seat people and the environment benefits from a break in their daily commute. When employees carry out their duties away from the office, that's remote working -- also known as telecommuting and telework. They can finish their work on their own time. But, before venturing into the world of remote work, businesses must take a look at their … Working remotely calls for a different style of working, incorporating various techniques in order to be successful. Being a better remote worker sometimes requires a different approach. Consider the following. But it's remote work that's disrupting the traditional tech industry 9-to-5 grind. I've used remote workers for over a decade, and the main benefit to me is that by having a remote workforce, I can also work remotely and be a digital nomad. I founded the millennial travel…. A remote team can be just as effective, if not more effective, than a local, in-house team. For Hubstaff, I estimate working remotely saves us over $100K per year in leasing fees, in-house IT, utilities, and other expenses. Share your opinions and experiences with fellow TechRepublic members. Opinions expressed by Forbes Contributors are their own. Do you agree that remote working offers the benefits listed here? Check out the rest of this post to read see my 3 concrete reasons why it's better. "You know what I want to do today? Turn to these must-read primers to get the skinny on the hottest tech topics, strategies, and analyses. And new business trends like remote administration, cloud-based project management, video conferencing, and BYOD are extending the effectiveness of remote work. With remote work, you can hire someone from the other side of the world. Even before the workday starts, telecommuting employees are better off than their physical commuting colleagues. ALL RIGHTS RESERVED. Not the AWOL type of absenteeism -- this is "remote from the office" absenteeism. Remote work is like a magnifying glass for underlying people issues in companies- people problems that can be glossed over or shoved under the rug … © 2021 Forbes Media LLC. Remote working can have significant benefits for many employees, which explains why half of the UK's workforce is set to be remote working by 2020. The power of autonomy and remote work productivity. Remote work is becoming more common all the time, yet the arguments for it seem frozen in time. Being a remote employee promotes employee well-being. There are other advantages worth exploring too that have been backed by numerous studies and research. If your business is oriented around your locality, you’re going to be a little limited in who you can hire. Top reasons to work remote. AfterCollege conducted a survey that found 68% of millennials would be more inclined to favor a prospective company if remote work was an option. The remote workforce trend shows no signs of slowing down. Laptop-wielding middle managers regularly dock with the office mothership. Among their concerns: Can you trust a telecommuter? The top reason is to save money (48%), the freedom to work anywhere (47%), and the work-life balance perk of more time with family. There are certain advantages to gathering your whole team in the same space, but your costs would also increase. You don’t need to rent office space to be in business. Daryl Wilkinson, group head of digital development at Nationwide Building Society, said he wanted to encourage remote working to empower his staff and as a demonstration to the rest of the company. Remote employees are more likely to put in extra effort intheir jobs, going above and beyond toget their work done in comparison to in-office employees. New ways of working require new roles in the organization. 4 Reasons Why You Should Consider Remote Work Because while certain types of people need the structure a traditional office setting provides to tell them when they need to get to work, others with self-motivation and discipline like you need your environment to inspire your energetic juices. According to PGi, the average real estate savings with full-time teleworkers is $10,000 per employee per year. "It's about working with the grain of people's lives," Swan said. "We're seeing greater collaboration between HR, IT, property and facilities management and job titles like 'workplace director' making this agile workplace happen," Adams said. 14 People Share the Biggest Benefits of Remote Work: No Commute “The ability to better balance schedules by eliminating wasted time in traveling to and from the office every day.” —Karen LaGraff “For me, the biggest benefit is flexibility. Harness the tools that make a remote company culture That’s because your boss’s job is to make the company happy and not to make you happy. Commute to the office!" Remote workers tend to be more productive because: Additionally, according to a study conducted by the University of Illinois, telecommuters tend to go above and beyond the call of duty to be good citizens and give a little extra to the companies they’re working for. Some remote workers, like travelling salespeople and call center workers, are permanently away from their organization. We are one of the fastest-growing software companies in the U.S. and a 100 percent distributed team. Last year, a British industry panel led by national daily The Guardian and conference call company Powwownow conducted a round-table discussion to tackle the issue of remote work. My work has been featured on Business Insider, TIME, BBC, Chicago Tribune, GQ, Vogue and Entrepreneur, among others. We've all heard about how J.K. Rowling wrote a lot of Harry Potter in her local coffee bar. Encouraging different ways of working allows companies to reduce their rent and property costs, according to Ian Adams, head of head of strategic marketing development at outsourcing company Mitie. There shouldn't be a technology-driven compulsion to work in a certain way.". Certainly, you might be able to convince some people to move to your office, but that’s not going to work with every prospective employee. According to the UK Office of National Statistics, "Commuters have lower life satisfaction, a lower sense that their daily activities are worthwhile, lower levels of happiness and higher anxiety on average than non- commuters." Remote workers change all of that as you open yourself up globally. They can finish their work on their own time. "There's less stress in the office and the workplace -- people feel empowered to work in a way that suits them and suits the business.". This is because it not only creates greater freedom for individuals, but also offers entirely new recruiting possibilities for companies. In their 2019 State of Remote Work report, OWL Labs surveyed 1,202 full-time workers (62% of who work remotely at least in part).More than 80% of respondents (both remote and on-site workers) stated that working remotely would make them:. Conventional wisdom suggests that remote workers will work less, due to their freedom from oversight and monitoring, but REMOTE warns managers that the bigger concern should be the inability to recognize burnout and overworking when the employee is not on-site. What's going to happen next? According to Robert Gorby, marketing director of Powwownow, remote working provides choice. By now you’ve seen that remote work offers increased flexibility and autonomy for employees, as well as increased worker productivity and cost savings for employers. Work in your PJs, avoid the commute, answer emails from a hammock while sipping a pineapple daiquiri—you’ve heard the common benefits of working remotely (and yes, they’re true!). I am also a conference speaker on the topics of lifestyle businesses and marketing. Remote work has been along for much longer than people realize. 75% feel very or somewhat prepared to work from home if they have to – possibly showing widescale adoption of videoconferencing and remote work technologies in recent years has better prepared companies and employees; 62% of Americans would take a pay cut to work … Feel more trusted at work; Feel less stressed; Better able to manage work-life conflict Now office workers can get some of that action. For example, that might mean an earlier start to the day with an earlier finish, leaving more time to spend with their kids after school. Due to the remote nature of the team, this allows for parents to make adjustments to their daily schedule that work around their families and routines. With no commute, no lunch rush, and no long hours in the office away from family or friends, working remotely can improve the health and wellness of employees by reducing stress, and keeping clear of sick colleagues can be effective in reducing the common cold. It demonstrates to employees that the company views them as people, recognizes and supports diversity, knows that one size does not fit all and works to provide a platform for all situations and environments. You Can Draw From A Larger Talent Pool. Does absenteeism trump presenteeism? In recent years I founded Amar Digital - a full service digital marketing agency that helps entrepreneurs and startups grow their business. For a lot of people, the entire concept of working remotely still feels completely foreign and unnatural. Remote work was a critical enabler of business and economic continuity during the original shelter-in-place regulations, and may continue to be for future emergencies, especially now … For the most part, you’ll be drawing from the local talent pool. There are a few commonsense aspects to this. Although there are challenges that come with hiring and organizing a remote workforce, the reality is working with a remote team might end up being one of the best decisions you could make for your business. The remote work revolution has been rumbling across industries for years now, and it isn't over yet. I am an adventure traveller who has spent the last decade building businesses on the road and now help other entrepreneurs grow theirs. Remote work is bound to see a larger growth spurt in the near future. They aren’t distracted by their coworkers. Delivered Fridays. In addition to opening yourself up to applications from across the world, you’ll be in a prime position to attract even more talent. This works both ways, once again. Remote work provides a competitive advantage in terms of recruiting and retention when it is offered as a benefit or incentive. Flexible working is a done deal, but remote working continues to spread. However, there are issues that arise when employees work remotely that can have a real negative effect on businesses. Nearly half of all occupied US jobs are capable of being performed from home. That's right; it's impossible. A US federal government report said that 47% of its employees (that's 1,020,034 people -- no, really, more than a million people) were eligible to telework -- a big increase over the year before. The prevalence of smartphones and social media mean you don't have to be next to someone to communicate effectively. You can hire 's about working with the grain of people, the average real savings... 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