Business owners have a wider choice of staff when selecting remote workers. Hires don’t have to be local and can be anywhere in the world, depending on time zones. This provides a greater opportunity to find staff with specialized skills, therefore saving on training. Working together efficiently like this can promote positive feelings and motivation. This can lead to employees going the extra mile, when perhaps you need them to work late or produce a stunning presentation. Remote employees also tend to be happier than office workers, making them good advocates for the company.
Overall remote workers earn 23.7% more than non-remote employees when excluding job title and other compensable factors. Transitioning to an all-remote or a majority-remote organization sometimes requires jumping regulatory hurdles as well. Any all-remote organization thinking about hiring talent globally has to consider local labor laws as they relate to hiring, compensation, pensions, vacation, and sick leave. It’s true that all-remote companies have to work harder to protect employee, corporate, and customer data. As TCS transitions to a majority-remote model, it has moved from “perimeter-based security” to “transaction-based security” . MobSquad has replicated its client security infrastructure for WFA workers, and employees work on clients’ cloud, email, and hardware in its offices for security reasons.
It’s never been so easy
Any executive knows how detrimental turnover is for a business; remote can lower it. At the end of the day, remote work is still a perk and one many people are happy to have. Granting employees the opportunity to work remotely gives them a reasonable shot at work-life balance and can take some of the stress out of a fast-paced environment. The tech industry is well benefits of working remotely known for its flexible schedules and telecommuting opportunities, which makes sense, considering most tech companies are web-based and technology is the greatest resource when working from home. With video chats, conference calls, VPN networks, and wireless Internet, we can constantly stay connected as though we were sitting in our office, rather than at home.
When BHO was greater, R&D staffers conducted more unplanned synchronous calls. Nadia Vatalidis of GitLab’s People Operations group says that having team members in Manila, Nairobi, Johannesburg, Raleigh, and Boulder made finding a time for their weekly group call nearly impossible. In San Francisco the average rent on a two-bedroom apartment is $4,128; in Tulsa it’s a mere $675. Another benefit of allowing employees to work remotely is the fact that work can be done around the clock. With location-based teams, all work gets done during office hours on site. But with a remote or distributed team, someone will always be around to answer questions and solve any problems. Workplace flexibility is a key topic in the future of work that the pandemic has only accelerated.
Employees with strong professional networks
Giving employees control over when they work allows for a better work-life balance. When they’re constrained to a 9-to-5 job where they often have to work overtime, this can strain their home life. The Covid-19 crisis has opened senior leaders’ minds to the idea of adopting WFA for all or part of their workforces. In addition to TCS, companies including Twitter, Facebook, Shopify, Siemens, and State Bank of India have announced that they will make remote work permanent even after a vaccine is available. Another organization I’ve studied is BRAC, one of the world’s largest NGOs, which is headquartered in Bangladesh. Forced into remote work this year, it is deciding what work model to adopt for the long term. This is especially important if you are a company that spends a lot of time training staff.
Remote workers have access to more job opportunities than office workers bound by geographic location. If you like living rural or in a small town, you no longer have to move to a city to get access to well-paid jobs. They benefit from decreased costs and lower environmental impacts to higher productivity and employee retention. Having no set job location means that, pre-pandemic, fully remote workers could also travel and live as digital nomads while having a meaningful career.
Do you prefer to work remotely?
But, before venturing into the world of remote work, businesses must take a look at their current office culture, team sizes, and business goals. While digital technology has made workers more efficient and accessible than ever before, many companies have been slow to let employees work from home regularly, let alone from anywhere at any time. The study’s findings can help firms understand the effects of various flex-work options, and support certain types of employees as they negotiate with employers. Choudhury says the results have important implications for workers, who could potentially move to lower-cost areas, reduce commuting costs, and live closer to family and friends. Starting a new job is stressful for most people, even under the best of circumstances. But new hires to an organization might feel overwhelmed if they are going from a traditional office to one primary based at home. Not only do they have to learn how to perform in their new role, but they must also learn to navigate new technology.