When the pandemic forced companies all over the world to send their employees home to work virtually, remote work had a big moment. Little did we know that there are many benefits associated with working remotely, both for the business and workers. Remote and flexible workers tend to be happier and more loyal employees. This is because working from home has been shown to lower stress, provide more time for hobbies and interests, and also improve personal relationships, among others. Here are the unexpected benefits of working remotely.
Better Work-Life Balance
Remote work usually comes with flexible schedules, which allows employees to start and end their day as they choose as long as their work is complete and leads to strong outcomes. This control over one’s work schedule has been invaluable when it comes to attending to personal life needs. Whether it’s attending an online fitness class, running some errands, or dropping children to school, work-life balance has been made easier.
Lower Employee Turnover
Remote work is a great way for companies to keep their staff. This is very important because finding new employees and training them to take over the work of the departing employees can be costly and involves many uncertainties. There are many employees who appreciate the flexibility of remote work and stick to companies that offer this option. Physical relocation is also less problematic.
Companies Save on Office Space and Supplies
When companies allow their employees to work remotely, they need less office space and supplies. Fewer buildings and supplies essentially mean that companies are saving on these commodities. Working remotely as therefore helped companies to cut costs associated with creating a working space for employees and providing the necessary tools for onsite work.
Fewer Commute Related Stresses and Frustrations
Working from home undoubtedly reduces the costs of commuting due to lower fuel bills, cheaper service costs, and less money spent on public transport. It also reduces the amount of time that would otherwise have been wasted on traffic jams or packed shoulder-to-shoulder on a crowded train. For many workers, commuting is a significant stressor, and not having to perform this task every day has profound benefits on their mental health and the ability to perform the job very well.
Easier to Attract Top Talent
Most people like working from home. In a study performed by Owl Labs, 80 percent of employees said that they love working from home. There are also those employees willing to change jobs for an opportunity to work from home. By giving employees the opportunity to work from home part-time or full-time, your company becomes a more attractive place to work, making recruiting and retaining talent easier.
Enhances Employee Productivity
When working remotely, employees can be much more productive than office coworkers who might have to attend daily meetings or engage in personal conversations that distract them from their core work. With less detraction, less commute time, and the freedom to create a personalized work environment at home, most remote workers usually get more done during their workday. This enhances employee productivity and the company can realize more success in a short period of time.
Increases Job Satisfaction
For employees, remote work results in mental health improvement and an increase in job satisfaction. Employees that want to improve their mental health and be happier on the job usually consider a remote position or one with flexible work options. Remote employees are more to report being satisfied with their jobs than office-based workers. Employee job satisfaction is good for the business as well as at a personal level.
At ASAP Payroll, our mission is to keep your business in compliance and make sure your employees are paid on time and accurately. We offer an ever-expanding range of services – payroll processing, time and attendance systems, HR outsourcing, Affordable Care Act (ACA) compliance, background checks, and more! Contact us to learn more and get started.
