What are the benefits of remote working for employers?
1. Cost saving
One of the benefits of staff working from home for employers is the cost savings. Even if you still rent an office, employees can hot desk, which saves on space. Depending on whether the organization is completely virtual or not, employers can also save on:
- Utilities (water, electricity, Wi-Fi)
- Building maintenance
- Provision of a coffee shop or restaurant
If you outsource to freelancers there’s no need to provide expensive tech equipment as many work at home and already have their own office equipment.
Is working remotely a good idea for teams? We believe so as it can increase communication and integration. Team members can keep in touch through a modern company intranet, so it’s as if they’re in the office anyway.
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.
3. Pool of talent
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.
Another one of the benefits of hiring remote workers is that there are no relocation costs for the company, which can run into thousands of dollars. And today’s millennials almost expect to have the choice of working remotely as they’ve grown up with technology that allows this.
4. Reduction in absenteeism
If any employee feels a little under the weather they’re more likely to keep working if they work from home. They don’t have to travel whilst feeling unwell and can rest if they need to. Someone who has a long journey is much more likely to call in sick than if they just have to walk from one room to another.
This also applies to time off for appointments or events. If an employee can structure their day around their work they won’t take unnecessary time off.
In the busy world we live in time is invaluable and we never seem to have enough of it. So another of the benefits of remote working for employers is that employees will use their time more productively if they work from home. As well as less time spent traveling, working from home reduces office gossip time, lateness, and time wasted in the coffee shop.
Timing is also about when a business is open. If a company employees people all over the world they can be open 24/7.
Improve Internal Communications with LumApps
6. Office politics
A fact of business life is office politics. It happens in small scale companies and multi-million dollar organizations. People will always cause or experience difficult situations. There will always be likes and dislikes, tears, or anger in a working environment. And it’s the managers and human resources staff who have to sort out these problems for the good of the business. Without the temptation of office politics staff are more productive and not so concerned about whether Jack spent 10 minutes chatting with Nora at the vending machine.
Flexible working builds loyalty. This is another one of the benefits of allowing employees to work from home. And loyalty leads to trust from the employer and the employee. When an employee feels their boss trusts them to do their job in their own way this builds respect.
Loyalty also means employee retention, as staff won’t look for another job if they’re happy where they are. This is a cost saving for the company as it avoids new hires and it also retains skills.
Productivity is essential to the growth of an organization. And productive employees mean greater efficiency and more profit. Employees can be more productive when working from home as it’s in their interest to get the job done effectively and not waste time.
Likewise, a quick meeting on the intranet is far more effective than everyone trailing to a meeting room, the meeting taking 10 minutes to start and then running over its time. These benefits of remote meetings make people more productive as they have more time to get the job done.
With today’s technology, there’s no excuse for employers not to reap the benefits of a remote workforce. Internet connection and a good digital workplace platform means employees have access to all the apps they need to do their work. Collaboration suites (Microsoft 365 or Google Workspace) messaging apps, task management tools, your intranet platform and many other digital collaboration tools are all here to improve the work of any remote worker.
And there’s no reason to be in the office. You can even include employee profiles and social networking apps on a modern intranet, making it more desirable to use.
When employees start working remotely they sometimes find it strange. They’re not used to the silence and the absence of office chat. But this can also encourage better communication as people learn to talk to who they need to, when they need to, without wasting time. It can also promote colleagues to get to know each other through messenger apps and chats and find out how they can benefit each other. Communication grows with remote working as it prompts collaboration.