There are countless ways in which technology has changed the world of work in the past decade. Perhaps no trend is so dramatically pronounced as the rise of remote workers. Despite being little more than a novelty, restricted to just a few select industries just a few years ago, a full 66% of American companies now allow remote work in some form, whilst 16% of companies are completely remote. Giving your team the chance to work from home, or wherever they please, can benefit your company in some surprising ways. Here are the top five benefits of hiring remote workers today.
Your Talent Pool is Global
Perhaps the most obvious benefit of hiring remote workers is that your access to talent won’t be restricted to the city or country that your company is based in. Thanks to technologies such as Skype, you’ll be able to interview and hire employees from anywhere in the world. This means that your chances of finding the perfect, most capable hire for your team will go up exponentially. The best will be more likely to consider working for you if they don’t have to relocate halfway across the world to do so.
You’ll have Happier, More Productive Employees
Remote workers are happier than their counterparts by almost every measure. There are a lot of reasons for this. For one, remote workers have more freedom over their schedules. They also don’t feel stifled by being in an office environment. If they’re working from home, remote workers can do whatever they want or need to do in their free time. This could mean scheduling work around errands, or it can mean kicking back and enjoying themselves, whilst still being effectively productive. Instead of spending their breaks in an office cafeteria, they might choose to get out an exercise, watch a little TV, or switch tabs and indulge in some online gaming, with casino platforms that allow you to enjoy Atlantic City from the comfort of your home, as they enjoy the comfort and freedom of remote working. The result is an employee that has more fun, is happier, and is more productive as a result.
You Will Save Money
There are countless studies that show that hiring remote workers will reduce your overheads by a significant margin. Remote.co estimated that American companies saved a whopping $5 billion last year as a result of hiring remote workers. The reasons? For one, you won’t need to shell out on office space to accommodate your entire team. You won’t have to pay expenses, your tax obligations will be lower, and you will likely not have to pay for everyone’s tech equipment, as most remote workers will use their personal devices.
You’ll Retain Talent
One of the biggest long-term benefits of hiring remote workers is that you are more likely to retain the talent that you snatch up. Workers are opting for remote work because it gives them the freedom to structure their lives, which consistently comes up as one of the top things that people look for from employers. If your competitor companies don’t offer remote work options, then your best and brightest are more likely to stick with you for the long-haul. 95% of companies have said that, for these reasons, remote working has massively improved employee retention, so it’s a no-brainer really.
Remote working isn’t just better for your employees, it’s better for your company. These reasons show how switching to remote employment can help your business thrive in the economy of the future.