Thanks to the Internet, you can find remote jobs almost everywhere. According to The New York Times, 43% of employed Americans spent at least some time working remotely in 2016. But what are the reasons many professionals choose to join remote teams? To be more in control of their time, join exciting projects? Or perhaps they simply want to create a lifestyle that resonates the best with who they are. Let's explore why companies should embrace the trend of remote work and how they can benefit by offering remote positions.
Hire only the best talent
If a company needs an expert that can't be found nearby, should they just settle for the next best pick? If you limit your recruiting opportunities you'll depend on candidates who aren't always the best addition to your existing team. Instead, find the top-qualified professionals around the globe who already have some freelancing/remote experience. Establish the methods of communication, delegate tasks and start the collaboration. Whether you need a full-time employee or occasional help, your company will only benefit from being surrounded by top talent.
Work in different time zones
While having a team in various time zones might challenge your organizational skills, this approach can become your hidden gem. For customer support, social media, and reputation management, it's crucial to have a dedicated team 24/7, ready to assist with any enquiry. As your business hours become more flexible, you'll increase the customer satisfaction rate and production speed. A team that works on a large project can work around the clock when spread into different time zones. With people on different locations, you won't have to worry about external factors that can seriously jeopardize business operations.
Different work-life balance
Millennials consider remote work as one of the crucial benefits when looking for a job and many global companies are aware of that fact. On average, we spend 50 minutes per day commuting to and from work. That leaves us stuck in traffic for more than 4 hours per week. So, it's not a surprise that having an option to work from home is appealing. For many, being able to work remotely leads to higher satisfaction rates, increased loyalty, productivity while achieving a healthier work-life balance.
The main reason companies reject remote work usually stems from a fear of being unable to manage their teams efficiently. There are many software solutions to work around this problem. From managing employee timesheets to project management and communication, your entire team can collaborate remotely easier than ever before. Unless your company's core values dictate on-premises work, from a technological viewpoint there's really no reason not to try to enrich the company culture with remote work.
Remote work is often a win-win situation for both employees and employers when it comes to cutting back on costs. From lunch and commute time to parking, both parties will likely end up with more money in their accounts at the end of the month. Hiring remotely often means spending less money on recurring expenses that come with having a large office space. This creates a new opportunity for companies to invest money more wisely and reinvest back into the company. You might be surprised that certain businesses can save up to $11.000 per year for each employee who chooses to work remotely, even just part-time. Zapier offered $10.000 to all their employees to work remotely if they wanted to.
When done right, remote teams can be a tremendous benefit for any organization. Once you eliminate the fear factor and find individuals you can trust, you can really transform your business. A remote job is surely not an ideal choice for everyone, but more and more young professionals enjoy the benefits that come with flexible employment. They sometimes even demand it! Establish good communication among your team members and if someone wishes to work remotely at least one day per week, see if you can make the arrangements to make it happen. In the end, the costs of losing an experienced team member due to a lack of remote work benefits are much greater than not giving it a shot in the first place.