Ever since the advent of online communication, remote work took quite a flight. Be it in the form of freelancing or part-time jobs, software like skype, slack, zoom, etc. made online communication look like regular interactions. A study in 2018 showed, around 70% of the world’s population worked remotely at least once a week, and about 53% for at least half a week.
Experts were already speculating the scope of this new trend when COVID-19 barged in. But, as no one was expecting a pandemic outbreak of this level, things escalated quicker than expected. Many companies that weren’t even familiar with this style of work had to switch their operations to remote mode. Being new to this method of functioning, organizations faced many challenges, but things still mellowed out pretty conveniently.
Moreover, now that organizations have seen the virtues of work-from-home – many companies are considering it as a permanent way of operating. There can be a thousand reasons to support this notion, but today we’re going to share with you; the top 4 reasons why working from home can be the future?
1. Elimination of Long Commutes
The most significant expense that employees face is the time and money they have to spend on daily long commutes to their workplace. Auto Insurance Center (AIC) states in one of their studies that an average American employee spends around 42 hours and USD960 in their weekly traffic snarls, which exceeds the amount of his/her work hours.
In addition to that, long commutes are also a significant cause behind stress, which eventually leads to lower productivity. Now you can imagine the amount of time, money, and stress that working from home must have saved for these employees over the past few months.
2. Improved Employee Productivity
As already mentioned, long commutes cause stress to employees, which reduces their productivity. When working from home, employees get to be free from the hassle of running late or getting stuck in the traffic. Another critical aspect of working remotely is the elimination of the need to dress-up, which otherwise also took quite a lot of an employee’s time.
Freedom from these constraints creates a sense of relaxation in their minds, helping them reduce their stress and increase their focus towards the actual tasks. Thus, giving a huge boost to the overall productivity level of an employee.
3. Reduced Turnover Rates
There are cases when employees leave an organization because of a lousy boss or lower engagement/recognition. However, there are some instances where an employee has to go either because; they can’t manage to commute being e.g., a single parent, or they may be moving to a different city/country.
In these cases, if employers could offer them a work-from-home job, they could save a lot of turnover costs. More so, gestures like these create a positive impact in the minds of the employees, making them more loyal to the company.
4. Increased Attraction For Better Resources
The epoch in which we are today, not only there’s a competition to attain the right customers but to hire the right employees as well. It is getting more and more difficult for organizations to employ the resources of their choice. This is so because if a skilled person lives in a different city/country, he/she will not be willing to relocate easily. Moreover, if a company attempts to find a person with the desired skill set in the locality; it’s a hard nut to crack as well.
Therefore, if organizations become more open to providing work from home jobs; a good amount of excellent resources will be attracted towards them.
So to conclude, organizations need to be more flexible with their employees if they want to progress. The competition is fierce, and resources are scarce. A company can’t just acquire offices in multiple locations to hire more employees. A smarter approach would be to build a virtual workforce where employees display higher productivity and commitment towards their jobs.
However, we are not saying that companies should just go all virtual. We understand that there still are some tasks that require the on-premise presence of employees. Companies should think upon allowing those employees to work from home, whose presence at the office is not that necessary. So, do you think working from home can be the future in this new normal?
Also, read our recent blog to learn “5 Clichés About Employees Engagement You Should Avoid“.