- After knowing about remote work, youths expect this to be in an organization where they want to give their efforts, and do not consider remote work as any kind of perk.
- A recent study by Upwork found that 63% of companies now have remote workers. Another study, as mentioned in Forbes, revealed that 70% of people globally work away from the office at least once every week.
- AT&T saved $30 million in real estate by offering remote work options and similarly, Dell expects to save $12 million on office space expenses as its remote work program.
Digital age has brought a lot of transformations in workplace, remote work being one of them. Today, most of the successful companies encourage remote work where people can work wherever they feel like, unlike in traditional office boundaries. This flexible work option allows company to hire the absolute best person for the role, regardless of where they lived.
Also, when people are compulsorily called to work within the office boundary, the company will mostly have people from same geography. But, in contrast to this, if remote work is adopted by a company, without caring about the location, they will hire the best ones from various geographies. Expanding into other geographies diversifies thoughts and opinions that bring more and more innovation, ultimately resulting in profit of any business.
Younger generation nowadays are the constantly updated on what’s going on in the business transformation that is easy and effective at the same time. After knowing about remote work, youths expect this to be in an organization where they want to give their efforts, and do not consider remote work as any kind of perk.
With the freedom to take control of their time, employees can complete their task in a happy and healthy way. As getting talented employees is no less than a war in today’s business, companies need to focus on the flexibility and maintaining the work-life balance of employees in order to achieve best talent pool by attracting them with such transformations.
A recent study by Upwork found that 63% of companies now have remote workers. Another study, as mentioned in Forbes, revealed that 70% of people globally work away from the office at least once every week. Because of the role, it plays in better work-life balance, offering flexibility and the option to work remotely will weigh heavily in attracting and retaining talent and will force organizations to develop more formal work-from-home policies.
Additionally, Global Workplace Analytics found that just by allowing remote working, businesses can save up to $11,000 per employee every year. AT&T saved $30 million in real estate by offering remote work options and similarly, Dell expects to save $12 million on office space expenses as its remote work program.
According to Forbes, it’s been predicted that by 2020, more than half of employees will work remotely. Gallup backs this up, and has found that almost half of Americans already spend at least a few hours a week working remotely – a number that’s dramatically higher than just five years ago. Consider also that over a third of the American workforce alone does at least some contract work, either as their sole source of income or in addition to their “day job.”
This shows that remote working is rising gradually and something does not keep going on and above, unless it’s really beneficial. The rise in remote work nowadays has made it almost clear that this facility to employees is very likely to retain and is not just a trend.
