Return-To-Work Policies Must Consider Employees’ Needs

Employees who work from home can organize their day better, as they can easily schedule their chores and appointments around work. The National Society of Leadership and Success, one of the largest accredited leadership honor societies in how companies benefit when employees work remotely the United States. CEO of The National Society of Leadership and Success, one of the largest accredited leadership honor societies in the United States. Katherine Haan, MBA is a former financial advisor-turned-writer and business coach.

Some employers even give refreshment or clothing allowances as a benefit. Remote working saves on these expenses, which can add up to a substantial amount. This means more disposable income available for other things, which is always a good thing. The benefits of remote working can be just as advantageous for the employer as the employee. Working out a mutually agreeable situation for both is ideal, as remote working is growing in popularity. The concept of being able to work anywhere at any time is more than just a turn-of-the-century workplace trend.

Engagement Is Slowly Recovering, With Some Areas for Improvement

This is because remote employees may already have coverage through their spouse or partner’s employer or may have access to more affordable options through their state or country’s healthcare system. Offering less expensive benefits can save companies a significant amount of money, which can be reinvested in other areas of the business. With today’s technology, there’s no excuse for employers not to reap the benefits of a remote workforce. Internet connection and a good digital workplace platform means employees have access to all the apps they need to do their work.

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. Regardless of product, mission, or business goals, it’s the people who drive business success. Who, other than your employees, will shape the products of the future, drive the efficiency of your teams, and see through the growth and health of your business plan? Because of that, the ability to attract and retain top talent is a key differentiator in today’s competitive business world. Remote work can play a positive role in this arena, offering a sense of personal recognition between employer and employee.

Remote Work Statistics And Trends In 2023

This percentage underscores the fact that while remote work is on an upswing, traditional in-office work is far from obsolete. With your remote setup in place, teams can continue working without interruption. When you rely on local applicants to fill roles in your organization, you limit your talent pool to people who live in or are willing to move to a single city or country. If you can’t find someone with the skills or expertise you need within your region, there’s no limit to where you can search next.

• First, because a feeling of safety can be harder to create with some people working on-site and others working remotely.
• Thanks to the advent of project management solutions, it’s very easy to get the entire team on the same page even when team members have never seen each other in real life.
• Furthermore, employers are expected to launch full benefits and perks packages.
• A significant 73% of executives perceive remote workers as a greater security risk [13].
• Who, other than your employees, will shape the products of the future, drive the efficiency of your teams, and see through the growth and health of your business plan?

Advanced technology could play a great role in the advancement of remote working. Innovations like efficient, streamlined collaboration tools are on the horizon. Additionally, a noteworthy trend highlights employees’ willingness to make financial sacrifices for remote work. Surprisingly, 32% of hybrid workers are willing to accept a pay cut to work remotely full-time. A captivating statistic shows that 57% of employees think of looking for new jobs if their current employer stops them from working remotely.

Proven Employee Engagement and Morale Initiatives to Keep Remote Workers Motivated and Productive

In fact, 35 percent of employees would change jobs if it meant the ability to work off-site full-time, according to Gallup. Companies that offer a flexible working arrangement, such as full, half, or partial remote work, could make the difference for a candidate selecting their next career move. Generally speaking, remote employees report a much higher degree of job satisfaction than those who work in a central office space. That morale boost leads to more employee engagement, which is a proven way to keep experienced employees happy, motivated and loyal. Satisfied employees tend not to jump ship to other opportunities as frequently.

• In short, remote work offers employers a competitive advantage in talent acquisition and retention.
• It reduces stress and improves well-being by eliminating the daily commute.
• For starters, it can help businesses save on workplace costs such as rent, utilities, and furniture.
• The study also revealed that these organizations are 45% more likely than companies without diverse teams to report increased market share.
• Thus they can focus on their work instead of spending precious time worrying.

Remote work also makes it easier for employees to manage doctor appointments, check on an ailing parent, accommodate a child’s school schedule or other challenges. By reducing friction for your employees, WFH can benefit the overall organization. And while that should be reason enough to support it, it’s also good for your bottom line.

Trust in the workplace: Valuable insights and tips for a thriving work environment

Moreover, making it easy for employees to balance their professional and personal life often means they are grateful and happy. This recognition typically translates into loyalty to the company and high productivity. Employees who feel appreciated have no issues with working overtime to finish an urgent project. On the other hand, discontent employees are far less productive and less willing to go above and beyond. Having the flexibility to meet personal obligations, family needs, and other life responsibilities allows employees to work when they feel fresh and rested to accomplish most. In a traditional work environment, workers are forced to be morning persons and perform at their best during a specific set of hours.

Having the opportunity to work earlier or later can help parents, caregivers and others with less traditional schedules still contribute to their teams. During the pandemic, the ability to offer flexible schedules becomes a more attractive benefit as many office workers continue adjusting to working from home. Additionally, companies can also experiment with offering more paid or unpaid time off as a way to help workers who need more flexibility. Now let’s begin to factor in other priorities, such as employee productivity. Here the question becomes less straightforward, and the answer will be unique to your circumstances.