The benefits of remote work have been tested in the last couple of years. While we were forced to leave our offices and work from home, enterprises discovered that the productivity generated by working from home has no comparison. Moreover, remote work also brought a sense of security for employees and companies.
Remote work has many benefits for employees and businesses. In this article, you will learn the ten most essential benefits this work mode can bring to your company and how to take advantage of these benefits to increase your revenue and keep your employees comfortable.
Remote Work Benefits
1. Cost Saving
The first remote work benefit we will look at is its cost. While most enterprises have buildings to host their employees every day, small to medium businesses typically have a small space where everyone is in the same office. Fortunately, remote work offers the possibility to stay at home and save rent in said places. In addition, your company will not have to pay bills for the office space and employees will be able to save money by avoiding transport costs and childcare.
2. Self-Service
Another remote work benefit is the ability to create your schedule. While this benefit is more employee-oriented, companies can also take advantage of it by creating flexible plans for their employees whenever it applies. This benefit gives employees the chance to work whenever they feel most comfortable; some will be early birds while other night owls, but employees will do the work within the day.
3. Mental Health
When you are a business owner, one of your primary concerns is to generate enough revenue to pay your employees. Studies have shown that productivity increased due to remote work in the last few years. So, you can rest assured the work that needs to be done will get done. And your employees will remain happy as they can spend more time with their family, their productivity won't be affected by traffic hours, and they can take a break whenever they need to.
4. Personalization
Just as creating a character in a story, you can transform your home desk into the perfect workspace. Although many companies encourage their employees to have tokens and decorate their office space, nothing is as comfortable as being at home. Personalize your desk with the things you need to keep yourself motivated, but don't go a step further. Having a lot of distractions can be counterproductive.
5. Communication
Remote work has proven to be one of the best ways to get a team to communicate more frequently than in an office. While you miss out on the human-to-human interaction part, communications through email, chat, and phone increase, giving you the mental stability that you are not working on your own. As a business owner, you can also invest in company intranet communications to keep better track of your employees and their jobs.
6. Absenteeism Reduction
When we feel a little under the weather, the last thing we want to do is go out into the world. We don't have the energy to deal with traffic, people, or anything else that might make us feel uncomfortable. This reason is why remote work is the perfect choice for some businesses. Employees are more likely to work from home when they don't feel well. This benefit also applies to tardiness. If an employee makes a schedule around meetings and deadlines, they will be able to reduce the amount of non-working hours.
7. Technology
Advancements in technology have quadrupled in the last one hundred years. Every two years, we get a new implementation in several programs that can help us perform our job better. With software like Office 365, Trello, or Google Workspace, the need to go every day to the office has shifted. These collaboration tools are available to any business interested in them and can help your employees perform their tasks better.
8. Hiring Workforce
If you work for a big company, chances are that they provide the equipment needed for you to work from home. Unfortunately, not all companies have the same budget as big companies do. So buying equipment for a new employee may be out of the question. With remote work benefits proving incredible, most freelancers are now offering their services through virtual agencies. These virtual agencies specialize in bookkeeping, marketing, social media, and medical billing. If you require an employee, you might want to consider a virtual assistant. You will not have to worry about paying for their training, their equipment and can save up to 50% a year when hiring a virtual assistant against a regular employee.
9. Onshoring, Nearshoring, and Outsourcing
One of the best remote work benefits in this list is the ability to hire employees outside your local employee pool. With remote working, you can hire staff from all around the world at a lower price. In addition, it gives you the possibility to use these offshore employees for specific tasks like customer service. Since the employee is in a different time zone, they can work during business hours but can take calls from all over the world no matter the time of the day where your business is.
10. Employee Retention
The final remote work benefit we will look at is employee retention. Employees are more likely to leave their jobs if the companies they work for do not offer flexibility for personal matters, like sickness or holidays. Remote work provides these employees security as they can get ahead of their work and take that extra time to spend it with their families. Offering remote work to your employees will let your company demonstrate that they understand the basic needs of a certain person, making these employees more loyal to your business.
Takeaway
Remote work has proven its benefits over the last couple of years. If your company can maintain its employees working from home, employees will happily perform the assigned tasks, and your company will increase its productivity and, most importantly, revenue.
While remote work may not be adequate for all companies, most B2B companies are undertaking this structure to manage their employees better and bring more clients to their business. Take a chance with remote work and let your employees know you care about them.