5 Big Reasons Why Remote Working Is Here To Stay
Updated: Nov 8, 2020
The COVID-19 lock-down caused half the world's population (3.9 billion people!) to work remotely. Now work from home is a part of life for some.
At the start, it was very difficult for people and organizations to accept this change. Now the advantages of remote work are noticed and realized by both employers and workers.
Here's why we think remote working is going to stay with us:
1. Increase in Employee Productivity
Research from a variety of sources has shown that in general, employees are more productive when they work from home.
By cutting down commute time, distractions in the office (hint to all the loud office colleagues out there!), employees are more productive. A study by AirTasker showed that telecommuters worked "1.4 more days every month, or 16.8 more days every year" as compared to people working in an office.
2. Lower Operating Costs
Remote working reduces the IT cost, real estate cost, utility bills, office snacks, coffee. So it makes perfect sense from a CFO's point of view to cut costs easily.
A recent Gartner survey in April 2020 shows 74% of companies planning to make remote work a permanent part of their workforces.
Source: Gartner, Apr 2020
3. Time Savings
Long driving hours are an annoyance. There is no daily commute for remote work that saves a large amount of time. Without the stress of being stuck in traffic, the mind of the employee is calm and works in a more productive way.
Fun fact: the time saved travelling averaged 53 mins per day per person in the US.
4. Money Savings
When working from home, there's no more temptation to buy lattes while passing through a Starbucks. Employees save on food and transport. A SingSaver Blogpost analyzed how much an employee roughly saves a month - and it amounts to about $100 to $800 depending personal spending habits.
5. Access to Best Talents, Anywhere
Organizations can also hire people from diverse socio-economic, geographical, and cultural backgrounds which can be difficult to do when hiring is confined to a particular location. Now companies can have access to global talents from anywhere.
If you'd like to get started on your remote working journey to get the best talents in software development, our team is here to help! :D
Contact us today to access talents suitable for your team.