The world is changing at a rapid pace. Gone are where you could work 25 to 30 years at an organization, and then get a house and a brilliant handshake into retirement. The modern transformation of the mid-1800s brought more people out of the country and into factories and workshops, attracted by a better salary. And while offices were increasing in number in those days, it wasn’t until the twentieth century that office culture turned into a mainstream phenomenon. Now with the arrival of the internet and, more recently, blockchain we are seeing another move in the manner individuals work.
When employees carry out their duties away from the workplace, that is remote working – also called working from home and telecommuting. And in 21 st century, remote working is on the rise. Remote working has indicated healthy growth with an 80% increase in telecommuting employees from 2005 to 2012. And there is no sign of dropping these numbers. Here you will get to know the reasons behind this growth of remote teams in the future.
Remote Teams are The Future of Work- Why?
1. Remote employees are more productive–
You have heard it many times- How can someone be more productive while working from home? There are unlimited interruptions and no supervision to keep them on track. These are genuine concerns, however something they will manage on a personal level. It won’t affect your business. Remote workers value the flexibility and convenience that originates from remote jobs. They are ready to go the extra mile to make it work. It implies they are ready to invest additional effort at night time, weekends, even holidays to make up for the wasted time. The weekly or monthly average working hours of most employees have been quite consistent. Most of the employees work around 40 hours a week even during holidays or when they call in sick during weekdays. According to the survey it has been analyzed that, 23% of employees said that they are willing to work for longer hours to get more done, 52% said that they are less likely to take time off and 30% reported accomplishing more in less time. Overall, 77% confirmed improved productivity while working from home.
Not having somebody to look out for isn’t always a bad thing. In fact, numerous people perform worse when working under a consistent watch. The comfort of the home allows them to work without pressure. Similarly, the interruptions are not always bad for productivity. At times, concentrating excessively hard on an issue can trigger mental blocks and make them difficult to solve. Some of our best thoughts come when we are away from work. representatives feel they are progressively profitable in a remote workplace other than the efficiency, work fulfillment and turnover improved also. Employees feel they are more productive in a remote workplace. Other than the productivity, work satisfaction and turnover improved also.
You can know- Top 5 tips to improve productivity while working from home.
2. Remote work option is the best way to attract and retain top talent-
The annual study confirms that 50% of the millennial workers are now freelancing in one way or another. And it is not just about millennials. People of all age groups love freedom and flexibility that comes with remote jobs. In fact they are willing to work at lower salaries or fewer perks with work from home. The affection for the remote jobs was obvious according to the survey. Nearly 42% of working adults said that they are ready to give up some salary if they are allowed to work from home. 62% of employees considered flexibility to be the most important factor when they are looking for a job. Work-life balance and flexible work schedules are the biggest demands of recent graduates. It’s not only because of the flexibility. Remote work suits them in many ways. Also, they can save money and time from not having to travel every day. Then there are other expenses like professional attire or eating out. Also, they are ready to stay with an employer who permits remote work. Hence, remote work will help you with employee retention also. Even when they need to stop working altogether.
Consider an example, a woman who wants to stay at home and take care of her children. Research has indicated that WFH alternative and flexible working hours can make these women reconsider their decision. A study found that more than half of women needed to quit or reduce their working hours subsequent to having a child. However, work at home mothers were only half as likely to do that. Also employee turnover or job attrition was reduced by half when they were offered remote work options. A team of researchers analyzed working from home effects on performance and found that offering employees to work from home can be as good as cash bonuses when it comes to motivating and retaining employees.
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