When most people think of the benefits of remote and flexible working, the advantages for employees come to mind, such as a better work-life balance, greater autonomy, and higher job satisfaction. What many businesses don’t realize is that remote and flexible working can benefit their bottom line as well.
There are a variety of remote working and flexible working arrangements offered by companies today. They might include telecommuting, extra vacation, personal days, career sabbaticals, shift swaps, hot desking, a compressed workweek, and more.
Remote working has evolved from being a fad to something that’s here to stay. Both employees and employers stand to benefit from remote and flexible working. While many companies have become remote-friendly in recent years, some are even being founded as remote companies from their very inception. The following are the top benefits of remote working for employees and the companies they work for.
Commuting takes a lot of time and increases fossil fuel emissions. One of the major benefits of working remotely is that this daily slog is no longer a necessity. You don’t have to start your day with a lengthy commute on a packed freeway or crowded train. You can go straight to your home office, starting your workday earlier and therefore dedicating more time and energy to your job. Furthermore, the more people work at home, the fewer collisions and less road rage there would be.
It’s no secret that working remotely can save money. Office space isn’t cheap, and companies that have remote employees can get away with spending a lot less on real estate. In an expensive city like New York, office rents cost approximately $74 per foot. By enabling employees to telecommute to full-time, businesses could save an average of $10,000 per employee, per year, according to one study.
Remote working is less stressful as it empowers employees to work in a way that suits them. There are fewer distractions when you work at home, so it can help you be more productive and focused on your work for hours of uninterrupted time. Working at home also gives you the ability to eat healthier and spend more time with your loved ones, which helps to reduce stress. Additionally, you have the ability to set up a comfortable work-at-home environment for yourself. It’s reported that remote workers have 25% less stress.
Employees who have the opportunity to better control their lives and schedules with remote and flexible working tend to be more loyal to their employers. Remote workers are grateful to have the opportunity to customize their schedules and achieve a better work-life balance. For employers, workers loyalty translates into less employee turnover and enhanced productivity.
The challenge of attracting and retaining top talent has always been a tough one. Offering remote working and flexible working opportunities enables companies to attract top talent from around the country and world. Without geographic limitations, you can find the exact type of workers for your specific needs.
Remote working is the wave of the future. It’s no longer just a perk offered here and there – it’s becoming commonplace, and innovative technology companies are leading the way. To streamline the process of managing and communicating with remote workers, it’s important to have the right tools.
Add-On Products offers a complete suite of add-ons for Microsoft Outlook® and Exchange that can help organizations achieve their remote and flexible working goals. From meeting room booking software to web-based team calendar software, we offer a range of useful tools for your needs. Please contact us today to schedule a free trial or free online demo of our tools.