Can we learn something from food about the value of remote work?

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.

If you telecommute or are a freelancer and work from home you can set up your desk where you want it, close the door if you wish, and listen to music if it helps you express your creativity. Stone noted that “state, city and county laws apply based on where an employee lives,” whether an employer has one employee or 1,000 in a given jurisdiction. But the driving forces behind this new world of work go beyond just the pandemic. They include technological advances, the changing demographic of the workforce, and the rise of the gig economy. Typical personalization options include setting up a standing desk, working in complete silence, or playing music while you work. This is a huge advantage for people who have difficulty fitting traditional work hours into their schedules.

Benefits of working from home for employees

The recent COVID-19 pandemic provided an excellent opportunity to put the question of remote employees’ productivity to the test. 2020 remote work research revealed that working from home as a result of the COVID-19 pandemic has had only a 1% reduction in work productivity. Studies show that telecommuting employees are 20% to 25% more productive than their office counterparts. By allowing employees to work remotely, you don’t have to worry that you’ll lose any of your talent when they decide to move to another city or even another country. They can continue to work just as they did before, so you won’t have to give up on them and start fresh with another team member. Building company culture is a very difficult thing to do, and if employees come and go, it destabilizes the teams.

Other quarterly meetings can encourage interactive dialogue on accomplishments and challenges the team is addressing. If you need our assistance with hiring a global workforce, please do not hesitate to contact us today. While the degree of freedom varies, this kind of freedom is a powerful and attractive perk. Remote work opportunities can allow people to travel and be digital nomads. It can free people to be able to work in places that inspire them, like coffee shops or scenic locations.

Benefits of Working From Home

Additionally, remote workers can take advantage of networking and mentoring opportunities with other remote workers, which can help them advance their careers. McKinsey research shows that winning performance cultures emerge from carefully selecting the right combinations of practices (or “recipes”) that, when applied together, create superior organizational performance. Tracking results against these combinations of practices can help indicate, over time, if you’ve managed to keep your unified performance culture intact in the transition to a new hybrid virtual model.

A final advantage to take into account when considering remote work is that you’ll likely experience fewer distractions. In a traditional office setting, it’s easy to get sidetracked by colleagues dropping by your desk, impromptu meetings, or general office chatter. As someone who works remotely, you’ll also have more freedom and autonomy to do your job the way you want to. For instance, you won’t be micromanaged as closely as you might in a traditional office setting. When you work remotely, you can choose the schedule that works best for you. Flexible hours allow you to take care of personal errands during the day and then make up for the time by working in the evening or on weekends, if necessary.

Proven Benefits of Remote Work (for Employers)

The employees have a unique opportunity to hear about other areas of the company and direct engagement with the CEO. At the end of these meetings, you’ll likely have pages of notes about how you can improve your business. After meetings like this, your staff should see actions taken nearly immediately; this can help give a sense of empowerment. The spike in morale is also having a positive impact how companies benefit when employees work remotely on business performance. I can’t promise the same results, but by focusing on engagement, our year-over-year revenue growth is already well past 50% for 2023—demonstrating that remote work can indeed bring business benefits to companies that embrace it. Based on my experience, I believe the answer is yes, but as I learned from my work in value-based care, the transformation takes time and effort.