These days remote workforce is one of the major trends in the business landscape. Due to the growing demand for flexibility in the workplace and, of course, the ongoing Covid-19 pandemic, more and more job seekers are looking towards building a remote career rather than staying in the office. And for businesses themselves, it is now a necessity to hire humans for remote positions in order to ensure business continuity.
Although hiring, organizing, and managing a remote workforce can be a massive challenge, millions of employers across the globe are starting to recognize the benefits. In this article, we will tell you about the top five reasons that show how remote employees can be better for your business.
Larger Talent Pools
From the perspective of a potential employee, landing an online job can turn out to be even harder than in the office.
In order to get more interviews and boost their chances of getting employed, candidates need to craft a winning resume that can set them apart from other applicants. They often turn to online resume editing services to get professional help with their resumes. But, though it means greater competition for job seekers, for businesses, it means a greater talent pool, which is the first big benefit of the remote workforce.
By not tying up your vacancies to a specific location, you can discover the world’s best talents and leverage them to achieve your company goals. Simply put, it will enable you to recruit the best specialists from anywhere in the world.
Though hiring the right talents means a lot for business success, being able to retain those talents means even more. When companies employ the right applicant for a specific role, they surely want to keep him. This makes pretty good sense.
But, the truth is that retention rates depend on a variety of factors. And, often, companies lose their best talent too soon. This brings us to the next reason why the remote workforce is better for business.
According to surveys, this form of employment helps companies boost their retention rates by around 10%. This basically means that you will be able to keep your best talents for a longer time. So, this is another huge benefit.
There are many ways your enterprise can save money by opting for remote employees. First of all, it can help cut the timing and cost of the recruitment and onboarding process. But, that’s not all.
By hiring an entire online team, businesses eliminate the need to rent or buy office space. Of course, keeping all your talents in the same spot has its perks. Namely, a shared office setting is proven to provide more opportunities for effective communication and collaboration. Still, in terms of cost-efficiency, having all your staff working remotely is certainly better.
Finally, there is one more way companies can reduce their expenses -recruiting offshore talents. This form of employment enables you to hire people from all over the world. This can help you cut down on salary expenses. There is no secret that hiring offshore specialists (depending on the industry, level of qualification, and role) can be much cheaper than sticking with local talent.
There is a common belief that remote teams are less effective due to a large number of organizational challenges they are facing. Indeed, this form of work might not be right for everyone, so some team members’ productivity may suffer. However, in general, remote teams are proven to get more tasks done in less time.
Several factors affect the productivity of stay-at-home teams. First of all, they don’t have to commute to the office. This fact saves them plenty of time, so they generally are able to start their work earlier. In addition, they don’t get distracted by other employees and can manage their own schedules, which makes them more self-motivated.
Finally, people who perform their jobs online know that they can finish their tasks on their own time. Due to all these reasons, they are known to be more productive than office-based teams.
Healthier and Happier Staff
Finally, one last reason why the remote workforce is better for business is that it remains healthier and happier than staff that stays in the office. Numerous surveys and studies have confirmed that the majority of mental and physical well-being issues that can be observed in in-house teams are being reduced in online ones.
Talents who perform their duties from home were seen to have lower blood pressure, better mood, and 82% lower stress levels. In addition to that, professionals themselves confirm that they feel 86% happier and 77% healthier now that they work from home, compared to the time when they had to go to the office.
What does this mean for your business? Though it sounds like all these things can only benefit your employees, that’s not quite true. Happier and healthier staff can actually have a huge impact on your business too.
Overall better well-being of your team members can help them stay more motivated, productive, and perform their jobs faster and better than ever. It can also enhance their job satisfaction and, respectively, retention.
Thus, in the long-term perspective, keeping your team healthy and happy is good for the whole business. Those, who need help with getting a remote job, can ask a CV writing service to achieve their goal.
Provided by Skillhub
The Bottom Line
Whether it is an option or a necessity for your business to make a shift towards the remote workforce, now you can see that this decision can have numerous positive impacts on your enterprise.
It will give you access to a larger pool of talents. It can help you retain your best talents. And it can even help you keep your team members happy and healthy.
All these benefits are real. Each of them has been backed by research, studies, and surveys. So, if you are still hesitating whether the remote workforce is better or not, the answer should be now obvious.