All Benefits of Remote Work
A study by the Pew Research Center shows about 35% of employees in the US entirely work remotely. Compared to 2020, the remote jobs available have tripled. This represents 9% of all employees globally based on a Gartner report. Global Workplace
Analytics, says 75% of remote employees earn over $65,000 annually. Indeed reports that remote work creates a better work-life balance. It offers flexible work schedules and a chance to engage in more hobbies. Based on these reports, remote employees tend to enjoy a wide range of benefits.
A great deal of flexibility for improved work-life balance
A Career Pulse Survey by FlexJobs shows that 65% of Americans are doing remote work. The report says they choose remote work due to the flexibility it offers. Many online employees choose work schedules that fit them best. Although some work the typical 8 hours a day, most of them choose fewer hours. It allows them to have a better work-life balance.
Students particularly prefer online work that offers them flexibility. They choose part-time work that provides them with a work-education balance. They need time to write essays, study, and attend lessons. There are many tools a student can choose to improve the education experience. For instance, they can use an essay creator to generate essays on any topic in minutes. Remote work flexibility and work-life balance help them do better in academics.
A wide range of opportunities
Remote employees get a wide range of opportunities. For instance, a worker can choose more than one job. This is due to the flexibility offered by online work. They can work while studying or traveling. If the employee is studying, they get time to write their research paper without stress. All that a person needs is to have the best time management skills for success.
Working from anywhere, anytime
The internet connects employees with employers regardless of their location. Due to technology, someone can apply and get a job in another country. They don’t need to migrate but can work from their home country. A student can work from their community college dorm and still find time to write essays. A mom can take care of their kids and still work from the house.
Saving on time and commute stress
A report by NBER shows remote workers save 72 minutes in commute time daily. That totals to about 6 hours weekly which is given back to their employers. In another report by Robert Half, 50% of workers experience commute stress. When accumulated, it affects productivity in many ways. Remote work saves professionals a lot of time and eliminates commute stress.
Improved productivity
Different studies show working from home improves productivity. Workers perform better than working from an office. In a report by Apollo Technical, remote workers work an extra day weekly. The report says they increase productivity by 47%. Due to a lack of commute time, online workers sleep more which reduces stress. Due to this, they work for more hours with greater focus and accuracy. Forbes reports that remote workers show 7% higher productivity than office workers.
Enhanced motivation and self-esteem
A study by ResearchGate shows remote work enhances job satisfaction. Health experts say that the psychological wellness of workers is tied to their motivation. A report by NIH shows virtual work increases motivation. Findings by MacroThink Institute show motivation increases worker satisfaction. The Association of Psychological Science says remote work limits association with toxic workers. The result is a motivated employee with greater self-esteem.
Minimum absenteeism and increased turnover
Global Workplace Analytics shows one virtual worker can increase turnover by $11,000 annually. The increase comes due to limited absenteeism and increased productivity. Forbes says companies that engage workers online increase turnover. It happens due to increased work hours and the minimum cost of office space. Based on a Remote Work Survey by Indeed, 50% of virtual workers take fewer sick days. They spend more time at work and increase turnover.
Chance to improve work skills and experience
A report by FlexJobs shows remote workers have better work-life balance. In a Gallup research, 33% of workers look for jobs with greater flexibility. They do so to get chances to enroll in a course that would improve their skills. Virtual workers also engage in more than one type of job. Due to this, they build their skills across a variety of fields. A remote worker may choose to learn data science or soft skills to increase career chances.
Enhanced inclusivity and diversity
In 2019, Meta started a five-year plan to implement inclusivity and diversity. In 2022, it conducted a diversity report study. The report showed it achieved its inclusivity and diversity goals 2 years earlier. The report says what made this possible is Meta’s choice to work with remote teams. A report by LinkedIn shows remote work allows for wider geographic diversity. Forbes reports that virtual work can benefit inclusivity and diversity.
Greater adoption of technology and higher retention rate
Remote work increases employee retention rate. Based on Global Workplace Analytics, the retention rate increases by 72%. Statistics by ANOVA show that remote workers adopt a wide range of technologies. Companies that hire online workers adopt digital transformation faster. Remoto Workforce reports that the gig economy is expanding fast. Its expansion is impacting the adoption of technology.
Chances for customization of office spaces
Most offices for virtual and hybrid teams are located in their homes. This gives workers the freedom to customize their office spaces to suit their needs. They choose the furniture to use, colors to paint, and ambiance to create. Online work also offers a minimized need for huge office spaces. Companies can work with lean office spaces and manage hundreds of online workers.
Conclusion
Demand for remote work is increasing daily due to the benefits it offers. About 9% of all employees globally work purely from home. The main benefit is the flexibility workers get. Employees can work from anywhere and at any time. They get better chances to improve their skills and experience. Different studies show that remote work provides better returns to companies.