The growing ability of employees to work from home with the help of innovations in technology is not without its benefits to employers. Most employees see the benefits of working from home, but employers may not always see the benefits that hiring remote employees can offer them as well. There are many however. This list is just the beginning.
Many employers see only the risk of decreased productivity with employees that work from home. While the risk is definitely there, it is more a risk in hiring a bad employee than decreased productivity. If you have a good remote worker, the opposite it actually going to be true.
There is likely to be increased productivity due to several factors. For one, the potential for more flexibility is going to make remote employees more productive. Consider this, if you have an employee that works in the office and they have an appointment, the work they miss while they are gone is not going to get done until the next day. A remote worker is more likely to go to the appointment and then continue working from their remote office until the work they missed is finished, despite regular “working” hours.
In addition, if the flexibility is available, they will able to work when they are at their peak. This means that regardless of when they are able to do their best work, even if it is 3 a.m. or 10 p.m., they can work at that time and get as much done as possible.
The savings that come from working in a remote office are generally viewed from the employee’s position of not having to purchase work clothing, gas to drive back and forth to the office, and less vehicle wear and tear. Most do not consider the savings to be had from the employer’s side.
Consider for a moment if all employees in a business worked remotely. The savings in real estate costs alone would be astronomical. Even if only some employees work remotely, the savings in supplies and other pro-rata overhead could add up.
Broader Access to Talent
Suppose you could hire talent from all over the world, the best of the best, and not have to pay relocation costs. Hiring remote employees allows you to do exactly that. Your talent pool is expanded on a global level, and you can pick and choose from a far greater expanse than would be possible if you required someone to come in to your physical office each day.
Employees that Stick Around
Employee turnover is a problem for all businesses, though some more than others. With remote workers, the turnover rate is lower because, generally speaking, they are happier in their job. Not every business is able to allow employees to work remotely, and many love it, so those that do, and have the opportunity, want to hang on to the good thing they have going.
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