Image Source: FreeImages
It’s no secret that remote work has become increasingly common. According to a report from Gallup, the number of employees working remotely jumped from 32 percent in 2016 to 43 percent in 2017. This might seem like a surprising statistic until you consider the numerous benefits of remote work. In this blog post, we’ll dive into the pros and cons of remote work and help you determine if it’s right for your company.
What is remote work?
Remote work is similar to telecommuting — the difference being that the employee has no set schedule. Remote workers can work whenever they want and wherever they want. This means that, although they are technically on the team, they are not in the office with their colleagues most of the time. Remote work is a growing business trend with companies like Adobe, SAP, and Salesforce having implemented it in some way. Remote work, then, is a method of managing employees that includes minimal or no face-to-face interaction, often facilitated by online collaboration tools.
How does remote work benefit companies?
Remote work is ideal for companies that want to attract top talent who may have otherwise passed on the job offer. Remote work allows employees to set their schedule, and many remote workers prefer flexibility over an office environment. Remote workers may be more engaged, too. A Gallup poll found that remote workers are 16% more engaged than their office-bound colleagues. Remote work can also help companies cut down on overhead costs, as they no longer need to pay for a physical office space. And because remote workers can work from anywhere, they can live anywhere, too. This opens up job opportunities for people who may otherwise not be able to relocate for work. Remote work has also been shown to improve employee productivity. A popular example of this is when Mark Zuckerberg implemented a “no-phones” rule at Facebook’s headquarters. He wanted employees to be fully present, and thus no phones in the office. Since remote work is the norm, this rule likely applies to all Facebook employees.
3 ways remote work impacts your business
More engaged remote workers – Engaged employees are those who are satisfied with their job and committed to their employer. More engaged employees are more productive, motivated, and satisfied on the job. They also cost less to retain than disengaged employees. Remote workers are more satisfied – Satisfied employees are more likely to stay with a company for many years, saving you the cost of hiring and training new people. Remote workers are also more likely to recommend your company to others, making it easier to recruit top talent. Better collaboration between departments – Remote workers can collaborate more easily with employees in other departments because they aren’t bumping into each other in the office. This means less time getting coffee and more time focused on work. Remote work lets you hire employees you might not be able to hire otherwise – You can hire employees with major life events like having a baby, caring for a sick loved one, or undergoing medical treatment. And you can hire employees who can’t be physically present at the office because of their religion, disability, or any other reason.
3 reasons why remote work isn’t right for every company
Remote work isn’t for every situation. While it can bring many benefits to a company, there are a few situations where it might not be the right choice. Remote work doesn’t accommodate everyone – Every employee has a different set of needs, and not all of them can be met through remote work. At some point, many people need to be in the same space as their colleagues. Remote work isn’t as cost-effective in certain fields – Some fields, like architecture and engineering, may require face-to-face communication. And in fields like healthcare, communication is paramount. Remote work may not be a good choice if employees need to regularly collaborate with each other. Remote work takes significant effort and planning – If employees don’t have access to the tools they need to do their job well, remote work can be a complete disaster. Remote work requires a significant effort from both companies and employees.
The benefits of remote work for employees
Remote work offers employees flexibility when it comes to scheduling work. This flexibility can help parents balance work with child care and other time-sensitive tasks. It can also be useful for people who have a demanding hobby or extracurricular activity that requires a lot of time. Remote work makes it easier to manage stress. When workers can set their own schedule, they can adjust the timing of their tasks to avoid the times when they’re most stressed. They can also use the tools available on their computer to mute or ignore distractions. Remote work has been proven to improve productivity. Studies show that people who work remotely are likely to be just as productive as those who work in an office.
The downsides of remote work for employees
While there are many benefits to remote work, there are also a few downsides to consider. Remote work can be lonely. If you work alone, you won’t have the camaraderie of a team to lift your spirits when you’re down. You’ll also miss out on the office socializing that breaks up your day and gets your creative juices flowing. Remote work can be more stressful. When you’re in the office, you have a clear schedule for the day. But when you work remotely, you have fewer boundaries. This can lead to stress caused by never-ending tasks. Remote work can cause more conflict. If you regularly work with other employees, you’ll miss out on the face-to-face communication that helps to smooth things over. Remote work can also make it harder to be promoted. When you work remotely, you may miss out on the chance to be mentored by your manager.
Remote work can be a great way to attract top talent and boost employee engagement and productivity. However, it may not be the best option for every company. If you have remote workers, make sure you set guidelines for communication and collaboration to make sure everyone is on the same page. In the end, remote work is a trend that’s here to stay. As more companies implement it, the benefits will become even more apparent. Remote work can be a great way to get more out of your workforce while keeping your company culture intact.