Nearing the end of 2019, industry experts predicted a few major changes; greater dependence on the cloud, significant growth of The Internet of Things, and the increasing rise in telecommunications and remote working environments.
However, it’s now clear that the rapid spread of the covid19 virus would be the fuel driving these changes. As stringent lockdown regulations forced businesses to find new ways of operating, remote environments became the ideal solutions for employees to stay home and remain productive throughout the pandemic.
But with the pandemic now behind us, what’s keeping the remote work trend alive and thriving?
1. Save On Costs
One of the significant reasons remote work environments make sense is the simple fact that both employers and employees can save substantially on expenses.
Employers no longer need to house a large number of employees and can, therefore, save significantly on premises rental, utilities, and several other costs. And when it comes to employees, removing the costly commute to work and back saves both money and time.
Moreover, with so many services emerging to support the trend, like remote employee equipment returns and innovative software platforms like virtual office spaces and so much more, the initial challenges of remote working are now obsolete.
2. Increased Productivity
Beyond cost savings and innovative telecommunications developments, remote work is also popularized by the fact that remote employees are a lot more productive.
Statistics prove that remote employees are up to 77% more productive. Additionally, 30% of remote employees demonstrate that remote work enables them to do more in less time.
3. Less Absenteeism
Remote employees also take off work less often than those working in traditional work environments. Not only did covid19 make us hyper-aware of the importance of health and how our health can affect others, but it also proved that remote working environments allow employees to continue working even if they’re slightly sick.
Instead of taking the whole day off, employees can rest a while and work later, preventing absenteeism and improving productivity levels at the same time.
4. Reduced Stress
Not everyone functions well in traditional workspaces. It’s no secret that the corporate work world is concrete, boring, and closed-in. On the other hand, employees can enjoy practical comfort when setting up their home office spaces, and this reduces daily stress.
But in addition to added daily comfort, employees also have less stress because the work commute is eliminated, which abolishes the concern of being late.
That said, employees are also able to travel and work at the same time because remote environments are significantly more flexible.
5. A New Job Market
The remote work world also provides job candidates with more opportunities, while employers have access to a larger pool of candidates.
The trend created a new and growing international job market that ensures employees in economically disadvantaged areas are open to more opportunities as well.
The remote work trend is definitely no passing fad. With so many benefits for businesses and employees alike, it’s highly likely that this trend will overtake traditional work environments, and working in a remote company may become a normal reality in the near future.