A new era has emerged for workers: hybrid or remote work.
Some found working from home challenging, while others excelled in their newly acquired quiet workspace. But with a prolonged duration of remote work, we have come to understand how this may be an advantageous affair for everyone involved.
Perhaps you’re interested in exploring a remote work opportunity for yourself and the varied advantages that come with it. Or maybe you are still working in the field and curious if the grass is indeed greener on the other side. Either way, here is the list of benefits of working from home.
Companies are noticing an increase in worker retention simply from having happier employees.
54% of workers are seeking higher work location flexibility to the point of switching jobs. Thus, businesses offering a remote work possibility are noticing a 12% turnover reduction.
Remote Worker Performance
Companies are striving to cultivate a hands-off approach to employee operations—and it’s paying off! With more autonomy, employees are starting to produce higher quality work with 40% fewer errors and defects.
Companies are starting to see an incredible profit in allowing workers to choose their own location. From rent, snacks, and water to every other type of office amenity that was being offered to employees, a complete nix of the services earned the businesses a 21% higher profitability.
Indeed, organizations are saving an average of $11 000 per year per remote worker.
Remote workers are claiming a higher focus on their work since being allowed to choose their location of operations. In fact, studies have shown an average of 35 – 40% increase in productivity compared to their office-bound counterparts.
When employees are allowed to work from home, they believe they can work through the smaller reasons that would render them absent in a commuting scenario. From taking mental health days or caring for a sick child, remote workers can work through them, displaying 41% lower absenteeism.
Employees are hailing a better work-life balance foregoing daily commuting, and some have even chosen to pick up their bags and move to a smaller city to bring down their monthly expenditures. Meanwhile, employers have worked out strategies with the help of technology to keep everyone on track and on the same page with work.
And with the prolonged duration the pandemic took, everyone has gotten comfortable in this new setting and is beginning to see plentiful pros over the pitiful cons.
Suffice it to say remote work is not going anywhere, and it is increasingly becoming a status quo for many industries worldwide.
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