17 Key Benefits of Remote Work for Employers and Employees

The first and most obvious benefit of working remotely is that it gives you the opportunity to create a better work-life balance. In a globalized economy, businesses need to be able to compete with organizations from all over the world. By offering remote work, they can level the playing field and attract top talent, regardless of location. When choosing the right remote access software, there are a few specific features designers need to be aware of. Here are some features designers should consider before choosing the right software. Most (52%) workers said a hybrid working environment had become their preferred way to work, while 30% would rather work from home full-time, and 18% want to go back to the office permanently.

Thus they can focus on their work instead of spending precious time worrying. Personal life stress is one of the main culprits for a low day-to-day engagement at work. An employee may worry about their children at home and constantly check their phone to verify the kids are safe.

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The potential for remote work depends on the mix of activities undertaken in each occupation and on their physical, spatial, and interpersonal context. We first assessed the theoretical extent to which an activity can be done remotely. This depends on whether a worker needs to be physically present on-site to do a task, interact with others, or use location-specific machinery or equipment. Remote work raises a vast array of issues and challenges for employees and employers. Companies are pondering how best to deliver coaching remotely and how to configure workspaces to enhance employee safety, among a host of other thorny questions raised by COVID-19.

If you live in a big city, you know that commuting can be a huge time-suck. Working remotely eliminates this wasted time, giving you back precious hours to do things you actually enjoy. Employees who are happy and satisfied with their jobs are also less likely to take time off sick. An analysis of employee data conducted by the Fiduciary Group in 2020 confirmed this. Another benefit of remote work is that it can increase employee productivity.

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With no need to rent or maintain office space, businesses can save a considerable amount of money by allowing employees to work from home. Our research shows that employees would prefer to work remotely more than they get to. That creates opportunities for your company and its employee engagement strategies. By giving your employees the right amount of freedom and the tools to effectively work how companies benefit when employees work remotely remotely, you can increase employee engagement and strengthen your workplace. By now you’ve seen that remote work offers increased flexibility and autonomy for employees, as well as increased worker productivity and cost savings for employers. But, before venturing into the world of remote work, businesses must take a look at their current office culture, team sizes, and business goals.

  • An analysis of employee data conducted by the Fiduciary Group in 2020 confirmed this.
  • They can continue to work just as they did before, so you won’t have to give up on them and start fresh with another team member.
  • Specifically, a remote workforce improves a company’s bottom line in the following 4 ways.
  • Companies needed businesses messengers, video conferencing platforms, timekeeping software, task management systems and cloud services to replace legacy systems and physical office processes.
  • A company’s potential security loopholes increase when factoring in antivirus software, firewalls and VPN configurations for employees’ home internet connections.
  • Employees who feel appreciated have no issues with working overtime to finish an urgent project.

The Amex GBT report highlights other important benefits of business travel as well. Six in 10 respondents said they believe business travel is a key component of professional development, and half agree their leaders believe the same. “Employees are noticing that employers are not just looking at the dollar amount of the trip, but instead seeing the value in investing in them,” says Huska. This year, in their earnings reports, many airlines – especially US budget carriers – reported steep financial losses, due in part to a decline in corporate trips.

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A McKinsey survey of office space managers conducted in May found that after the pandemic, they expect a 36 percent increase in worktime outside their offices, affecting main offices and satellite locations. This means companies will need less office space, and several are already planning to reduce real estate expenses. Moody’s Analytics predicts that the office vacancy rate in the United States will climb to 19.4 percent, compared to 16.8 percent at the end of 2019, and rise to 20.2 percent by the end of 2022. A survey of 248 US chief operating officers found that one-third plan to reduce office space in the coming years as leases expire.

Less money spent on transportation, lunch, and wardrobes suitable for the office may be shifted to other uses. Sales of home office equipment, digital tools, and enhanced connectivity gear have boomed. And FlexJobs’ 2020 survey found that workers who thought they might be more productive working from home actually were more productive when working remotely. The 3.9 million employees who worked from home at least half time before the pandemic reduced greenhouse gas emissions by the equivalent of taking more than 600,000 cars off the road for an entire year. A whopping 7.8 billion vehicle miles aren’t traveled each year for those who work at least part-time from home, 3 million tons of greenhouse gases (GHG) are avoided, and oil savings reach $980 million. And by hiring employees who can work from home in the communities where they feel the most comfortable and supported, companies choose to support diversity, community, and family.

Nurture your inner tech pro with personalized guidance from not one, but two industry experts. They’ll provide feedback, support, and advice as you build your new career. Our career-change programs are designed to take you from beginner to pro in your tech career—with personalized support every step of the way. In addition to all of the features listed, Splashtop is a trusted partner for secure remote access. Splashtop offers advanced security features to ensure protection such as two-factor authentication and multi-level password security. Ontario is set to bar employers from requiring Canadian work experience.

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