7 Benefits of Remote Work for Companies

Companies that have switched to the remote working model with pandemics are now even considering a radical change. These companies are trying to ensure remote working is more permanent in the future by adopting the way that most of their office workers work from home.

In particular, the fact that working from home increases employee productivity by 14%, according to studies, is one of the major reasons for this decision. Employers have learned that employees don’t need to be in an office to achieve their work in companies and that some employees can be more productive and happier working from their own homes.

Working from home has many benefits for employees and they are handled extensively. However, the issue of how this working model will benefit companies is also important. According to researches, remote working leads to a significant increase in productivity and work engagement for businesses. At the same time, there are many ways employers can cut costs and improve the hiring process. Besides employers and employees, companies can also benefit greatly from having teams that work remotely.

While many companies have experienced working from home or a hybrid system, there are many companies that have not experienced a remote office environment. Because of that, if your company is going to switch to a remote working model, it will be useful to know the benefits of this.

Benefits of Remote Work for Companies

Remote working is no longer a working model we can ignore. On the contrary, we will hear and come across this model much more in the future. In order to explain that this new development is not something to be afraid of for you and your company, we decided to tell the benefits of working from home in today’s post. Here are 7 benefits of remote working for your company:

1. Keep employees happy

There are 24 hours in a day and it is very difficult to manage these hours for both our business and private lives. In fact, this situation can lead to high levels of burnout and stress for employees very often. However, with remote working, your employees do not have to struggle with this stress. When your employees work remotely, they don’t have to deal with a long and stressful office commute. They have more time to better manage both their corporate and private affairs. They also work from home by avoiding distractions in the office environment or unnecessarily long meetings.

Today, few employees want to be stuck in an office for at least 7 hours, 5 days a week. As a company, allowing employees to work from home or anywhere they have remote access is a sign that you value your employees. An employee who feels valued is a happy employee, and happy employees always increase your company’s productivity.

2. Hire the best candidate

Another benefit of remote working for your company is that you have access to a wider talent pool. Most importantly, geographic boundaries disappear in recruiting.

You can easily interview and hire someone whose talent you admire and would like to hire, but who lives far away. The ability to work from home means you can hire the person who best fits your company’s needs, no matter where he or she lives.

3. Reduce equipment costs

Providing equipment for employees in your company can be expensive. These types of equipment can be many tools such as computers, printers, copiers, desks, and chairs etc. With remote working, many of these costs can be eliminated or the company can reduce significantly.

For instance, many companies allow their employees to use their own computers and smartphones, greatly reducing the costs for these tools. Companies can even save on the cost of power, heat, and office supplies.

4. Increase productivity

According to research by Dynamic Signal in 2020, around 500 million workdays and $500 billion in productivity are lost because of workplace stress. Remote workers are less distracted, so they can concentrate more on the works at hand. Working from home reduces distractions from colleagues in an office, gives employees the freedom to create the perfect work environment, and makes meetings more productive. For example, according to survey results, 61% of employees say that a noisy co-worker in the office is a distraction. Also, when you adopt the remote working model as a company, you ensure that your employees work at the right times or environments where they can be most productive.

5. Flexibility

Flexibility is one of the key benefits of working remotely, but it can also be very beneficial for companies. This is because when employees are forced into a physical workplace, they may be able to work different hours than they normally work.

The traditional work schedule of at least 40 hours per week is no longer preferred by employees and the business world. This situation which is quite useless for your employees disappears with the emergence of the opportunity to work from home. A remote work environment gives your employees flexibility and freedom of working hours. Also, keeping your business open 24 hours can be difficult and costly, but it may be more appropriate to ask some of your employees to work from home and take on the night shift. In this way, you can provide customer service at any time.

Moreover, not everyone on your team may be a morning person. Giving these people the flexibility to schedule their meetings and leave their works to other hours of the day also increases their productivity.

6. Build loyalty

Another of the benefits of working remotely for companies is that it helps to facilitate trust between the company and its employees. Managers give their employees more autonomy over their work schedules while also expecting them to achieve their work. This power of control over a work-life balance can make employees feel freer and more valuable than before, increasing their loyalty to the company. Ensuring this trust between the employee and the company not only increases the loyalty of the employees to the company but also increases their commitment to their jobs.

7. Reduce employee absenteeism

Absenteeism in the workplace is a very important problem for companies and managers. A person may not be able to complete work that needs to be done because he/she is sick or has to be out of the city. However, with the opportunity to work remotely, it is quite easy to handle your work with your phone or computer, whether you have to change your location or you have to go to an event.

Remote work helps reduce employee absenteeism at work. In addition, working from home can prevent the stress which is the cause of employee absence.

Remote Working Software; PeerBie

Remote working tools emerged with the spread of working from home. We recommend a tool that you can use with your employees in your company; PeerBie. With its features, PeerBie eases your employees to work remotely and increases their productivity. With this software, which creates a digital workspace for your employees, you can track all projects, working hours, and tasks and communicate with whoever you want.

Through remote working software PeerBie, you can track how many hours your employees work and which tasks they have completed. You can access reports within the software, and you can even turn your business life into gamification by scoring your employees.

Using software like PeerBie to manage your projects and tasks within the company allows you to manage your work and your time better. With PeerBie, you can access your work, projects, or tasks remotely at any time with your mobile devices or computers.