Remote working feels like a dream come true for several employees who enjoy the flexibility and convenience of starting work whenever they want. While employees may feel happy about this work-from-home arrangement, it's also an ideal option for employers hoping to cut costs, especially in tough economic times. There are multiple reasons like lower overhead costs, increased morale, better productivity, and more for employers to choose a work-from-home setup over an in-office work environment.
Here are some benefits for companies that implement working from home policies:
Streamlined communication
When a team works from an office setting, communication amongst individuals may take place via email, phone calls, or in-person. This can sometimes make it a task to keep track of conversations or information being shared.
While working remotely, the employer can choose their preferred mode of communication, either via email or a shared messaging platform, to make sure all information being exchanged can be documented and kept track of. This helps keep daily functionality more organized and promotes better collaboration among employees.
Increased productivity
A work-from-home setup ensures that your employees encounter fewer social distractions from coworkers. This helps improve overall productivity in the workplace. Studies show that employees who work from home and are allowed to fit work around their schedule are more likely to finish tasks quicker. They also get to take brief breaks as they need them, which helps them return to work feeling more motivated and energized. By allowing employees to create and follow their schedules, employers may witness a productivity boost!
Better work-life balance
Working from home allows employees AND employers to enjoy a better work-life balance. This is extremely beneficial for employers because a good work-life balance helps reduce burnout and increase productivity. Since remote working gives employees new-found flexibility, they can better manage their personal time while getting all their work done on time!
Increased talent pool
Remote working removes the restriction of geographical locations while hiring new team members. Rather than being restricted to candidates that are present in and around the company's area, remote employers can hire candidates from across the globe!
This also removes the need for employees to relocate, helping employers save on relocation costs as well as additional overheads for another team member. All the new hire needs is a strong internet connection and computer setup.
