What-Benefits.com

how working from home benefits employers

by Salvatore Heathcote III Published 2 years ago Updated 1 year ago
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What are the benefits of remote working for employers?

  1. Cost saving. One of the benefits of staff working from home for employers is the cost savings. ...
  2. Positivity. Is working remotely a good idea for teams? We believe so as it can increase communication and integration.
  3. Pool of talent. Business owners have a wider choice of staff when selecting remote workers. ...
  4. Reduction in absenteeism. If any employee feels a little under the weather they’re more likely to keep working if they work from home.
  5. Time. In the busy world we live in time is invaluable and we never seem to have enough of it. ...
  6. Office politics. A fact of business life is office politics. It happens in small scale companies and multi-million dollar organizations.
  7. Loyalty. Flexible working builds loyalty. This is another one of the benefits of allowing employees to work from home.
  8. Productivity. Productivity is essential to the growth of an organization. And productive employees mean greater efficiency and more profit.
  9. Technology. With today’s technology, there’s no excuse for employers not to reap the benefits of a remote workforce.
  10. Communication. When employees start working remotely they sometimes find it strange. They’re not used to the silence and the absence of office chat.

Working from home can be positive for both enterprise employers and employees. Increased productivity, improved work-life balance, and reduced costs are just some of the ways remote work flexibility can be mutually beneficial. Hopefully, you now have some ideas for how to hire remote employees the right way.

What are the benefits of working from home?

No place like home: Benefits of working at an independent medical clinic

  • Dependable hours. Working at a medical clinic will have you home by dinner. ...
  • Relationships with coworkers. The environment in your workplace matters. ...
  • Community. In addition to workplace relationships, medical clinics provide a key sense of community. ...
  • Routine. ...

Are you liable for employees who work from home?

And that is why it is now the proportionate and responsible ... with their employees”, Mr Johnson said, as this requirement was guidance only and not a legal requirement. He said: “Go to work if you must, but work from home if you can.

Why working from home is good for business?

  • Working from home has many advantages to working in an office.
  • Some of the perks of working from home include getting to dictate your own schedule and free time, not needing to commute every day, and saving more time for friends ...
  • We compiled seven of the best reasons to work from home.

What are some good reasons to work from home?

Some reasons may include:

  • Reducing workplace distractions
  • Allowing you to be more comfortable and therefore more creative
  • Eliminating the daily commute
  • Reducing environmental impacts
  • Allowing you to work whenever you want
  • Optimizing your time

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1. Reducing Distractions and Stress that Can Hamper Productivity

As of 2017, 70% of companies had open plan offices according to The Washington Post.

2. Reducing Overhead Costs

If, say, 20% of your workforce is working remotely on any given day, that means you need less space to heat, cool, clean, and otherwise maintain.

3. Attracting and Retaining Employees – Especially Millennials

As most managers know, slowing employee turnover reduces training and other HR costs, and leads to fewer interruptions and delays while new employees ramp up.

4. Fostering Innovation and Creative Thinking

For employees in creative or strategic roles, a change of scenery can stimulate new ideas. Traditional office environments don’t always inspire, but the chance to pick up the laptop and head out to the backyard, a local coffee shop, or around the world can provide fresh perspective.

5. Accessing a Wider Pool of Employees

Telecommuting allows organizations to take advantage of larger talent pool – possibly even a global one. This can be especially helpful when seeking top level talent.

Planning for Productivity

Employer and manager opinions on remote work are divided. Some companies are clearly in favour, including Hubspot and Netflix, whose CEOs who are ditching their offices entirely.

Why is it important to have flexibility when working from home?

Giving your employees the flexibility to work from home makes your business better prepared in case of disaster that makes it difficult, or even impossible for your employees to get to work.

Why is working from home not common?

One of the main reasons why working from home is not as common as it should be is the fact that a lot of employers believe that allowing their employees to work from home would end up making them less productive.

What would happen if employees didn't commute?

If they didn’t have to commute, this is time they would have spent working on something that actually matters to your business. In addition to helping your employees save time, eliminating the daily commute can also help reduce employee absenteeism and increase employee satisfaction.

What does it mean to work in the office?

Like Wendy, working in the office means having to deal with a long and stressful commute to and from work each and every day, something that almost every employee hates.

Why is employee turnover a problem?

Employee turnover is a huge problem for businesses, especially small businesses that do not have the financial muscle to compete with larger companies when it comes to offering better salaries and better employee benefits and perks.

How much does a company spend on employee engagement?

Companies are spending in excess of $100 billion every year in a bid to improve employee engagement. However, raising employee engagement doesn’t need to be an expensive affair. Employers can quickly boost their employees’ morale – and by extension their engagement levels – by allowing them to work from home.

How much does it cost to replace an employee?

According to the Society for Human Resource Management, the cost of replacing an employee is, on average, equal to the employee’s salary for about six to nine months. This means that if you have an employee making $60,000 a year, it will cost you between $30,000 and $45,000 to replace them when they quit.

What happens when you work from home?

When you work from home, you have more control over the food you eat. For example, instead of buying a bag of chips from the vending machine for an afternoon snack, you could eat the fruits or vegetables in your fridge.

Why do people work from home?

In addition to a healthier diet, working from home allows you to take a break to exercise or stretch, activities that are less acceptable in a traditional office setting. In fact, some remote workers leave the house to go on a run or attend an exercise class in the middle of the day. Overall, working from home allows you ...

Why is it important to create an environment that works for you?

Because you can choose or create an environment that works for you, your focus and productivity will improve. Without the distractions of daily office life, you will be able to accomplish more in less time.

Why is working from home better than working from home?

More time spent actually working. Though working from home comes with its own set of distractions and challenges, it usually improves productivity and performance because there is more time spent working instead of: Commuting. Talking to co-workers. Being distracted by a nearby colleague talking loudly.

What does it mean to work remotely?

Working remotely usually means that you can also work from anywhere. Whether it's the coffee shop down the street or one on the other side of the globe, you will still have access to your work. This flexibility will allow you to travel or even move without affecting your employment.

What is a custom work environment?

Custom work environment. When you work from home, you can choose the exact environment that fosters personal productivity. Your desk, chair, noise level, view and even your location are all adaptable so you can create an environment that works with your life.

Why is working from home good?

Improved work-life balance. One of the primary benefits of working from home is the freedom to do the things that make you happy. Whether that means being able to spend more time with the ones you love, attending a yoga class or taking your dog on a walk, you can create a work schedule that fits your life and priorities instead ...

What are the benefits of working from home?

One of the benefits for companies of working from home is money . Renting or owning office space, NPR says, costs money; shuttering office buildings and working from home can represent a huge cash savings. For example, since the pandemic began, Nationwide Insurance has closed five regional offices, telling the employees to work from home.

Why are employees at home?

Employees at home also have more flexibility in dealing with everyday chores and responsibilities. If they need to pick up a kid from school at noon, they can do it without having to commute from the office and back, saving time.

Why is remote working good?

Remote working is also good for employers because it makes employees happier. Commuting doesn't just use up time and gas money, it's outright stressful for many people. Less stress makes employees happier and healthier. The better they feel, the more likely they are to enjoy their jobs and feel loyalty to the company.

What are the benefits of WFH?

One of the WFH benefits for companies is that employees have freedom to structure the work to better suit their rhythms. As they aren't required to sit at their desk 9 to 5, they can work 8-12 and then 3-7 if that suits them better. Night owls can start work at 9 p.m.

How does eliminating commutes benefit employers?

And when distance is no object, you're free to hire the best, no matter where you find them. If the company wants to develop a diverse workforce, that's another of the advantages of work-from-home for employers.

Why is Facebook moving away from remote work?

Facebook said one reason for the move is that it broadens their recruitment pool. Employees who don't live near a Facebook office can sign on; employees who have to move away can stay on staff.

How much money can I save working from home?

Money Savings. People who work from home half time can save around $4,000 per year. Gas, car maintenance, transportation, parking fees, a professional wardrobe, lunches bought out, and more can all be reduced or eliminated from your spending entirely. These savings add up and put more money back into your pocket.

Why is remote work important?

Remote work enables companies to embrace diversity and inclusion by hiring people from different socioeconomic, geographic, and cultural backgrounds and with different perspectives —which can be challenging to accomplish when recruiting is restricted to a specific locale that not everyone wants, or can afford, to live near.

What does it mean to have no job location?

Having no set job location means that, pre-pandemic, fully remote workers could also travel and live as digital nomads while having a meaningful career.

What is remote work?

Many remote jobs also come with flexible schedules, which means that workers can start and end their day as they choose, as long as their work is complete and leads to strong outcomes. This control over your work schedule can be invaluable when it comes to attending to the needs of your personal life.

Why do I have to commute 10 miles a day?

More than 30 minutes of daily one-way commuting is associated with increased levels of stress and anxiety, and research shows that commuting 10 miles to work each day is associated with health issues like: Higher cholesterol . Elevated blood sugar. Increased risk of depression.

Why do people quit the commute?

Elevated blood sugar. Increased risk of depression. Ditching the commute helps you support your mental and physical health. The time savings can allow you to focus on priorities outside of work, like getting extra sleep in the morning, spending more time with family, getting in a workout, or eating a healthy breakfast.

Is remote work good for you?

As we’ve long known, remote work has a host of advantages for workers. We’re listing out the best of the best benefits of working from home—some you may already be aware of, and some that may open your eyes even more to remote work’s impact on employers, employees, the economy, and the planet.

When was work done at home?

From the beginning of human history until the late 19th century, most work was done at home — or at least within walking distance from home. Of course, that was before the age of electronic communications, but the tradition of home-based work is well-established.

How much does working remotely save an employer?

Experience has shown that working remotely stands to benefit employers and employees in a number of ways: Each remote worker saves their employer an average of $10,000 a year on workspace and related expenses. Employers can tap into talent anywhere around the world since their workforce isn’t location-dependent.

How many people work remotely in 2018?

According to FlexJobs , a service connecting telecommuters with employers, more than 4.7 million Americans either worked remotely or telecommuted at least half-time by 2018, which is more than twice the number who had done so just ten years earlier. However, that now appears to have been just the start.

Is a full time employee considered part of the gig economy?

Regular, full-time employees working from home or on the road are only part of the story. In an economy where on-demand or contingent workers — freelancers, contractors, consultants, the self-employed, and anyone else whose work is considered part of the gig economy — form the fastest-growing share of the workforce, ...

What are the benefits of working from home?

One of the benefits of staff working from home for employers is the cost savings. Even if you still rent an office, employees can hot desk, which saves on space. Depending on whether the organization is completely virtual or not, employers can also save on:

What are the benefits of remote working?

Remote working has all kinds of benefits including staff motivation, increased productivity, and employee retention. And remote working doesn’t just apply to staff that work from home (telecommuting). It includes freelancers, contract workers, frontline workers, international workers, etc. In addition, a remote company can still have ...

Why is it important to work remotely?

Another one of the benefits of working remotely for employees is that they can work from anywhere. People don’t have to be bound to a city that doesn’t correspond to their standards or preference , which also helps avoid unnecessary travelling.

Why is productivity important?

Productivity is essential to the growth of an organization. And productive employees mean greater efficiency and more profit. Employees can be more productive when working from home as it’s in their interest to get the job done effectively and not waste time.

Why is flexible working important?

Flexible working builds loyalty. This is another one of the benefits of allowing employees to work from home. And loyalty leads to trust from the employer and the employee. When an employee feels their boss trusts them to do their job in their own way this builds respect.

Is remote working a good thing?

Some employers even give refreshment or clothing allowances as a benefit. Remote working saves on these expenses, which can add up to a substantial amount. This means more disposable income available for other things, which is always a good thing.

Is remote working beneficial?

The benefits of remote working can be just as advantageous for the employer as the employee. Working out a mutually agreeable situation for both is ideal, as remote working is growing in popularity.

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