The Future of Work is Here: Why Remote Working is the Way to Go
The new age of working remotely or from home has been made possible by advancements in technology and communication tools.
Although remote working has brought about complex change for many companies, it has also offered numerous benefits for businesses.
The benefits of remote working include, but are not limited to:
- It allows businesses to tap into a wider pool of talent
- It can increase employee engagement and productivity
- It can help to reduce costs for businesses
1. It Allows Businesses To Tap Into A Wider Pool Of Talent
One of the main advantages of working remotely is that it allows businesses to tap into a wider pool of talent.
Before remote work, employers were limited by the pool of candidates that were a commutable distance from their business.
As remote working allows employees to work from anywhere, businesses can hire the best employees, regardless of their location.
As such, remote working has allowed businesses to hire stronger talent from anywhere in the world.
This has resulted in increased competitiveness and has allowed businesses to attract top talent who may have otherwise been out of reach due to geographical restrictions.
2. It Can Increase Employee Engagement & Productivity
Another benefit of working remotely is that it can increase employee engagement and productivity.
This is emphasised by the fact that studies have shown ‘those who work from home are 47% more productive‘.
When employees have the flexibility to work from home or a location of their choice, they often feel more in control of their work environment and schedule.
This can lead to higher levels of job satisfaction and can ultimately result in increased productivity.
3. It Can Help To Reduce Costs For Businesses
In addition to these benefits, working remotely can also help to reduce costs for businesses.
By eliminating the need for a physical office space, businesses can save money on rent, utilities, and other overhead costs. This can be especially beneficial for small businesses that may have limited resources.
Several well-known companies have already embraced the trend of working remotely and have seen positive results. For example, Basecamp, a project management software company, has been fully remote since its inception in 1999 and has seen tremendous growth and success.
Similarly, GitLab, a software development company, has also fully embraced remote work and has seen increased productivity and employee satisfaction as a result.
Overall, the new age of working remotely or from home has brought about numerous benefits for businesses. It has allowed them to hire stronger talent, increase employee engagement and flexibility, and reduce costs.
As more and more companies adopt this model, it is likely that the trend will continue to grow and evolve in the coming years.
