10 proven benefits of working remotely for organizations - Petroleum County Prevention

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May 2020

Try to stick to working hours better by setting up a working area in your home that you can either leave at the end of the day, or tidy away. Remote work supports a variety of sustainability initiatives, from economic growth and reduced inequalities, to sustainable cities, climate change, and responsible consumption. Whether it’s dropping kids off at school, running some errands, attending an online fitness class in the morning, or being home for a contractor, these tasks (and more!) are all easier to balance when you work from home. If any employee feels a little under the weather they’re more likely to keep working if they work from home. They don’t have to travel whilst feeling unwell and can rest if they need to. Someone who has a long journey is much more likely to call in sick than if they just have to walk from one room to another.

  • Additionally, remote workers had higher job satisfaction, which led to a 50% reduction in attrition rates.
  • Meta offers very competitive equity packages to employees, on par with other big tech companies.
  • The survey results identify obstacles to optimal performance that underscore a need for employers to support workers with issues that interfere with effective work.
  • Recently, there has been an increasing focus on corporate social responsibility.

In fact, 77% of employees take into account flexible work arrangements as an important consideration when evaluating future job opportunities, according to research from Zenefits. Working from home wouldn’t be possible without the amazing improvements in technology we have today. From fast Wi-Fi connections to cloud computing and project management software, team members can communicate and collaborate instantaneously. Established teams, those that have been working together for longer periods of time, are more productive than newer teams that are still forming and storming. The productivity they enjoy arises from clear norms and trust-based relationships—not to mention familiarity with workflows and routines.

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Across all sectors, 38 percent of respondents expect their remote employees to work two or more days a week away from the office after the pandemic, compared to 22 percent of respondents surveyed before the pandemic. But just 19 percent of respondents to the most recent survey said they expected employees to work three or more days remotely. This suggests that executives anticipate operating their businesses with a hybrid model of some sort, with employees working remotely and from an office during the workweek. JPMorgan already has a plan for its 60,950 employees to work from home one or two weeks a month or two days a week, depending on the line of business.

benefits of working remotely

This helps with recruitment, but candidates expect a robust equity package. It’s not necessarily the benefit that stands out for new recruits, but it’s one of the most important. The tech company also offers a $2,000 stipend for wellness so that its employees can purchase gym equipment, a gym membership, and access other wellness resources from their remote locations. Ultimately, the 3-2 pattern—which many tech giants like Meta and Zoom have already rolled out—is more efficient for companies. Firms don’t even have to give their hybrid workers an actual pay rise for them to feel like they’re getting more bang for their buck than full-time in-office workers.

The benefits and challenges of remote working

Yet for all these significant benefits, there are several negatives of remote work that both employees and their organizations are coping with. Remote workers find they can both attend scheduled meetings and preserve quiet how companies benefit when employees work remotely time to get solo work completed, giving them more flexibility in their schedules. This has also contributed to increased attendance, since meetings do not have to work around travel plans and commuting schedules.

benefits of working remotely

Once a company’s employees are spread far and wide, leadership will want to keep tabs on them to some extent. In a remote work world, this means managers can no longer walk across the office to check in on their employees. Instead, they need to schedule virtual meetings to discuss routine project management tasks. While digital meetings can be less disruptive than in-person meetings, they are rarely the highlight of the workday. It also gives workers the flexibility to get to doctor’s and other healthcare appointments when needed. It happens in small scale companies and multi-million dollar organizations.

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