October 7, 2016
5 Reasons Leaders Should Embrace a Remote Working Culture
Work ain’t always in the office anymore! Companies of all sizes and industries are encouraging employees to work from anywhere in the world as a way to maximize productivity, inspire creative thinking, fuel innovation and provide an overall balanced approach to work and life priorities. Recently, our VP of Collaboration, Michael Parker, shared a few key benefits that companies can expect when adopting remote worker policies. A quick recap is below, or you can check out the full article in SmallBizDaily!
- Increase in productivity: Our survey actually found that 80 percent of respondents reported being equally or even more productive while working remotely. Why? They save time by foregoing the commute, which can often mean starting work earlier and/or working later, which is especially helpful when under pressure to complete a task. The lack of commute from home to the office also enables individuals to save money on fuel costs, or address quick personal or family issues. Maintaining better work-life balances increase productivity in all aspects of their lives.
- Maximize profits by decreasing overhead costs: As the cost of office space rises, embracing the remote workforce will mean huge dividends in reducing overhead costs. Currently, the cost of rent per square feet in major cities like Boston ($52.29) and San Francisco ($66.71) are at all-time highs. For many companies, especially small businesses and startups, paying high rents places a heavy burden on their budgets and forces them to make cuts to vital sectors of their business. A remote workforce should be a part of the business plan as a way to not only save on the physical rent cost, but to also save on utilities and other office resources.
- More inclusive teams: A greater diversity of employees can strengthen the bottom line and often leads to better results. By offering a more flexible work environment, companies are able to widen the search radius for capable candidates, even globally and across cultural boundaries, thus attracting a more talented and inclusive workforce. Fostering a flexible work environment ensures that a company’s workforce is more well-rounded, inclusive and productive, rather than exclusive and strained.
- Decreased office distractions = increased collaboration and creativity: According to a study last year by CareerBuilder, the top 10 office distractions include gossip, co-workers stopping by, noisy co-workers and sitting in a cubicle. Giving your employees the ability to work from anywhere immediately eliminates these distractions, leading to increased focus and productivity. Working from home also allows for employees to really make their “office space” their own, helping them to feel more inspired and comfortable. As a result, working from home actually helps to heighten employees’ creativity and collaboration by allowing for more concentration and focus on specific tasks and more deliberate and effective collaboration with co-workers.
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- Happier employees: Of all of the benefits that accompany adopting remote worker policies, perhaps the most important one is that letting employees work remotely makes them happier. A recent survey by Staples found telecommuting and flex-time played a crucial role in overall employee happiness. Offering employees flexibility instills trust and helps employees to feel respected and appreciated. And that drives better productivity. Working from home is becoming increasingly more common, just ask Amazon (one of the top U.S. businesses hiring consultants) and IBM (more than 40 percent of its workforce is remote). Although it still has a long way to go as a cultural adjustment, the productivity gains and overall happiness gained from added work-life balance is a clear benefit to all.
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