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A Stanford study found that remote workers were more productive because they were not distracted by office disruptions or long commutes and actually took fewer sick days and shorter breaks. Additionally, remote workers had higher job satisfaction, which led to a 50% reduction in attrition rates. The cherry on top was a savings of nearly $2,000 per employee in overhead costs by reducing the amount of office space needed at HQ. According to an estimate in Forbes, in 2018, 50 percent of the U.S. workforce was projected to be remote; across the pond, Europe’s remote workers have grown from 7.7 percent to 9.8 percent in the past decade.
Use one-on-ones and employee surveys to get actionable insights on how you can better support and equip your people. Working from home might have once been viewed as a utopia of exercise on our breaks, making healthy homecooked lunches and easily being able to make the school run. Taylor got into writing because how companies benefit when employees work remotely she enjoys writing articles that help people and loves creating stories that inspire. She earned a bachelor’s degree in journalism and public relations with an interest in communications media from Indiana University of Pennsylvania. Each person’s circumstances, style of working and personality is different.
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You won’t lose any of your employees if they move or during pregnancy and early motherhood. In most cases, employees are more likely to continue to work during pregnancy. Sometimes, they reduce their work hours because they have the flexibility of working from home.
Ensure that you’re meeting your employees’ needs and fostering a connected, productive workforce in order to maintain a high-growth, competitive company. Today, most employees—especially top talent—will move on quickly if they see their job as a dead end. There’s no strict rule for this, but I like to make sure that at least around 50% of our leadership hires are internal promotions (with 50% outside talent to infuse new strategies). Just as it’s important to reach everyone, it’s also critical to recognize people individually. Make sure to acknowledge employees’ birthdays, work anniversaries and top performers. People need to know that their work is appreciated, and leaders sometimes overlook this when their employees aren’t in the office.
Benefits of Working From Home for Enterprise Employers
One way that employers can try to combat this is by optimizing work-tracking software that helps employees stay on track as well as offers them insight into how long they have been working so that they clock out on time. Instead of benching on employees learning when to close the computer and turn their attention to family time and self-care, industry leaders should set an example rather than taking advantage of the current not fixed timetable. Approached in the right way, the new hybrid model can help you make the most of talent wherever it resides, while lowering costs and making your organization’s performance culture even stronger than before. Next on the list of remote work benefits for employees is that this work model can help you manage your time more effectively. After the remote work policy was adopted, the Group saw a significant, company-wide drop in sickness days related, among other things, to increased job satisfaction. The increased satisfaction that remote work can bring employees is another positive effect.
And not having to ask special permission or fit in with other team members takes the pressure off too. When an employer allows employees this kind of freedom it builds trust and gives more job satisfaction. Depending on where remote employees live, employers may need to set up specific benefits to accommodate employees in specific locations. In other cases, employers may have to establish separate provider contracts or coverage in each state or locality in which an employee lives. From a health benefits perspective, employers should review and adjust their strategies to accommodate a far-flung workforce. For example, employers may need to rethink a strategy that provides incentives for employees to choose the best health care providers located near company worksites.
Benefits of Working From Home
If you’re not sure if the remote work hype is real and beneficial for your business, you’ve come to the right place. In this blog post, we’ll provide an overview of multiple research done on remote work and critically examine their findings. Companies achieve employee engagement when their teams are invested and enthusiastic about their tasks and the work they do.