Having a team of motivated and highly-skilled employees is the cornerstone of any successful business. Modern job seekers have more options than ever before choosing their workplace. This is why business owners have to provide incentives like remote work possibilities to attract top talent. Over 70 percent of people globally work remotely at least one day a week. As cloud-based technologies continue to advance, the possibility of providing remote working opportunities to your employees will get much easier. Not only does allowing employees to work from home benefit them, but it can also save you money.
Are you curious about why embracing the remote work revolution is so important for your business? If yes, check out the helpful information below.
1. A Great Way to Improve Employee Satisfaction
One of the main concerns you should have as a business owner is keeping the members of your team happy. The happier your workers are, the easier it will be to keep them loyal and engaged. If employees have to make a long commute to your office each day, they may eventually become disgruntled. The best way to avoid this problem is to allow your team members to work from home.
Before you start to embrace the remote work revolution, you need to iron out a few details. For instance, you need to devise a system for keeping up with the number of hours remote workers are putting in. That's why using a modern payroll software program is important. Most of these programs have features that allow remote workers to clock in and out from their computers. Be sure you know enough about payroll systems and why they are worth your investment.
2. Helping Team Members With Work-Life Balance
The key to keeping team members loyal and engaged is showing them your care. One of the best ways to show this compassion is to allow employees with families to work from home as much as possible. An employee with children will want to spend as much time as possible with their little ones. When working from home, an employee will have the flexibility to take their children to school or attend their sports events without worry.
Even employees without children can benefit from remote work. A proper work-life balance is crucial for anyone trying to reduce stress and increase their happiness. Focusing on the mental wellness of your employees will definitely pay off in the long run. While it may take some time for everyone to get familiar with the remote work setup, it will be worth the time and effort invested.
3. Increased Productivity Levels
Keeping a business profitable is no easy task. When trying to accomplish this goal, you need to make sure productivity levels are high. Businesses around the world lose millions of dollars each year due to low productivity. Many studies show that employees who work from home are generally more productive.
Since remote employees are happier and more engaged, they will also be more motivated to get their work done in a timely manner. Using the power of project management software is crucial when trying to delegate tasks to remote workers. These programs not only allow you to assign tasks to employees, but also to track the progress they are making.
Before choosing a cloud-based project management program, be sure to check the level of security it offers. If you are going to operate sensitive information on this platform, having things like data encryption is crucial.
4. Millennials Love Having Remote Work as a Company Perk
As more and more Baby Boomers reach retirement age, businesses all over the world stand in need of young professionals to fill available positions. Millennials are entering the workforce at record numbers. Attracting young employees will not be easy if you refuse to update the perks and benefits offered. While having a great health insurance package and competitive pay is important, you also need to focus on offering remote work possibilities to potential Millennial employees.
Younger employees live very active lives, which is why remote work fits them well. Being able to work from home allows young employees to have both – time for their personal lives and a favorite job simultaneously. Finding ways to reach out to Millennials is essential when trying to take your company to the next level. Adequately advertising your job listings on Millennial hotspots like Twitter, LinkedIn and Facebook is a good idea. Using these social media tools will help you appeal to a younger population.
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5. Reducing Business Infrastructure Costs
Refusing to update the methods and tools you use to run a business can be disastrous. The longer you use outdated tools and technologies, the harder you will find it to keep employees and customers engaged. Some business owners think that implementing new technologies, such as cloud-based systems, will be too expensive. However, cloud-based systems that support the possibility of remote work will be costly only at first, in the long run they will actually save you lots of money.
If the greater part of your team works from home, you will not have to spend more money on additional office space. Having a team of remote workers will also reduce the financial resources you use on a monthly basis. You can invest the money you save on operating costs in beefing up your network.
Not only will you need a cloud-based network that is fast, but also the one that is secure. Allowing IT professionals to take part in the optimization of your network is a must when trying to avoid mistakes. With their assistance, you can provide remote workers with the tools they need to be successful.
What Are You Waiting For?
Now that you know about the benefits of remote work, it is time to make a move. Offering this perk will help you find and retain the top talent in your industry. With the right technologies, you can increase productivity levels and minimize the amount of monthly operating costs.
Wendy Dessler is a super-connector who helps businesses find their audience online through outreach, partnerships, and networking. She frequently writes about the latest advancements in HR, technology, digital marketing and focuses her efforts on developing customized blogger outreach plans depending on the industry and competition.