Many companies switched to Remote work during the Covid lockdown, which surprisingly helped boost employee productivity. The trend continues and will likely thrive today, but the challenge of maintaining collaboration and connection among virtual teams remains.
As remote work provides flexibility and comfort to employees with significant cost savings for the company, frequent distractions, hardships like communication barriers, technological fatigue, isolation, and disengagement may affect productivity.
Do not worry yet! Our experts have amassed the proper strategies and innovative practices to empower your virtual teams and redefine your business.
Does Remote Work Benefit Your Company?
The global pandemic COVID-19 catalyzed a remote work revolution, but now the trend shows no signs of reversing. Instead, it is becoming the most feasible option to handle business operations, mostly IT companies and client support taking the most benefit out of it.
32.6 million employees will work remotely by 2025, which is 22% of the total workforce.
Moreover, companies like Twitter, Shopify, and Slack have also embraced fully remote or hybrid models, proving that work location is no longer a constraint on performance.
Therefore, it may be time to determine how to incorporate remote work to boost your revenue chart. Let us take a look at a few major benefits of remote work.
- Increased Productivity: Remote work provides employees with flexibility, encouraging them to focus on tasks when they most feel engrossed and productive.
- Better Work-Life Balance: Flexible schedules enable workers to balance personal responsibilities and work, helping reduce stress.
- Cost Savings: Remote work saves employees from commuting daily and buying office-appropriate attire and restaurant/canteen meals, which helps save money. Similarly, companies can save an average of $11,000 annually per remote worker due to reduced office expenses.
- Access to Global Talent: Companies can hire skilled professionals from anywhere in the world, expanding their talent pool and fostering diverse perspectives.
- Reduced Travel Time: Eliminating daily travel saves hours, giving employees more time for family, hobbies, or self-care, which boosts team spirit and energy.
- Environment-Friendly: Remote work reduces carbon footprints and energy consumption, contributing to environmental sustainability.
- Enhanced Employee Retention: Remote work flexibility attracts and retains top talent by catering to modern employee preferences for flexible work arrangements.
