For business owners and their employees, there are a variety of benefits of working remotely.
Currently, more than 5 million Americans work from home, and as that becomes increasingly popular, it’s important to address whether it’s right for your company. Here are seven great benefits of working remotely.
One of the biggest benefits of working remotely? 65 percent of employees feel more productive when working at home.
That’s because there are fewer interruptions from coworkers and more time to focus on getting the job done. In fact, in light of the current pandemic, some companies are planning to permanently allow their employees to work from home.
One reason why working from home is good for business is that employee retention increases.
Why? When your employees work from home, they are less stressed by commutes, feel more productive, and can spend more time with their families. It’s no wonder that they’re happy to stay at their job for a longer time.
For employers, one of the most important benefits of working remotely is that you’re able to fill open positions with a more diverse group of applicants. By not limiting hiring based on location, you can broaden your talent pool and find the right person.
This can be especially important when you’re looking for a person with a very specific skillset.
As a business owner, you’ll know that paying for office space can be pricey. By allowing remote working, you can eliminate the need for this expense, whether by getting rid of an office altogether or by hot-desking and reducing the amount of space you’ll need.
Either way, you can save money and invest it where it matters most.
What are the benefits of working from home? A better work-life balance, for one. By not having to spend time commuting and eliminating late nights at the office, both you and your employees can feel less burdened by their work responsibilities.
For a typical U.S. employee, the average commute time about 27 minutes each. By offering the ability to work from home to your employees, you’ll save them nearly an hour each day.
This decision can help make your employees happier in the long wrong. Not only will they save money on things like gas, but they’ll also have more time back in their day for friends, family, and hobbies.
You’ll also your employees feel less stressed by reducing things like accidents and traffic jams.
As a business owner, you might be — understandably — worried about how shifting to a remote model will affect your company’s workflow.
But product management tools like Basecamp along with communication platforms like Slack are making it easier than ever to stay in touch without being in the office together.
Your employees can focus on productivity and get their work done, all from the comfort of their own homes.
When it comes to the benefits of working remotely, there is plenty to choose from. As a business owner, you’ll not only see increased productivity among your employees, but you’ll also save on overhead costs and boost employee retention.
For more helpful business tips or to get started with digital marketing for your small business, reach out today.