Stay connected for the latest updates. With remote work capabilities, your business will be able to hire labour from all over the world. An office will not be able to accommodate all the different preferences. Here are some essential best practices for establishing an ideal remote work environment. This is something that provides them with greater freedom and flexibility as well as saving them a lot of money on travel in some cases. However, small business owners need to consider how they’re operating in order to reap the benefits of working remotely. While many remote-first companies rely on asynchronous communication, there is no one-size-fits-all answer. Remote work equals an increase in productivity. Your email address will not be published. Get back to business with an all-in-one HR platform by Zenefits, Join the Workest community to ask questions in our community, bookmark articles, and receive our weekly email. Remote Work is a Competitive Advantage for Businesses It’s clear that remote work provides many benefits for businesses that far outweigh the risks. Remote Work or Return to Work? The Remote Working Revolution is in full swing, More than ever, employees are searching for smart work models that will give them the flexibility that they crave. Do you “pop over” to a colleague’s desk when you have a question? The World Is Your (Hiring) Oyster. Analyze office communication practices through the lens of remote work. At 10x Management, we have a great deal of experience placing high-level freelance tech talent in both onsite and remote positions. However, there are issues that arise when employees work remotely that can have a real negative effect on businesses. But a successful and satisfying remote work arrangement takes more than just migrating your existing way of doing business online. “Remote work has grown steadily since 2005 as more companies of all types—private, public, nonprofit, and startup—recognize the bottom-line benefits of integrating remote work into their business strategies,” says Sara Sutton, Founder, and CEO of FlexJobs. Others prefer working at a desk, and some may work the best lounging on their couch with their favourite music playing. Businesses can save on rent and utility costs as less office space is required. The costs of doing business are astronomical. But when working from home, they are less likely to call off sick or report for work late. Exposing the... My Employee Asked to Work Remote … Should I Allow it. Communication on remote teams is different than that of the office. Another benefit of remote work is that it allows companies to be agile. Many times, employees call off sick due to depression and a lack of mental capacity. Small businesses power the economy. Fewer people in the workplace means less office space, which cuts the cost of the lease along with heating and cooling rates, lighting, and other expenditures. Employees in other countries may ask for less in pay than American employees. To learn more about how remote work can positively impact your business life, check out the following list of the top 4 benefits of working remotely. Demonstrating your environmental consciousness will make your brand more appealing to consumers and could increase your sales. In order to pass the CAPTCHA please enable JavaScript. 42% would be willing to take a pay cut of 10% to have flexible work arrangements. “We’ve been able to work through this by getting accustomed to Slack and Zoom, detailing action items in Zoho Projects, and setting some ground rules,” he added. Fashion News; Shopping; California Breeze ; Stylish Accessories Your Wardrobe Needs This SS21 Season. Analyze office communication practices through the lens of remote work, and make sure you’re clear about expectations around it, When working remote, reflect your company values in your virtual behavior — such as understanding childcare and mental health needs, Managers don’t need to understand an employee is working by seeing that employee physically working; they can refer to the metrics and outcomes they’ve set for employees to confirm this, Remote First! https://setapp.com/how-to/facebook-video-chat-for-group-calls, Follow Crucial Tips To Buy Sofa Cover in Your Budget, Businesses that Need Age Verification Online. Here are some advantages of remote working to keep in mind. But what about the benefits to you as the business owner?. Employees working remotely also save money on transport, business attire, and eating out. How Remote Work Benefits To Your Business Posted on February 9th, 2017. November 11, 2017 By WorkSocial Editorial The face of traditional businesses is changing. Some people prefer to work while sitting outside in nature. yet. Hi Nick. This figure may rise even more following the COVID-19 pandemic. “How we can help them continually show up for their company values while working remotely. How Music is Effective for your Health Development? But a remote work set-up can give small businesses access to the best available talent in the world. Allowing employees to work from home can save money, always a concern for small companies. Where to find mask signs for my business? Those who have embraced new technology and the remote way of working have seen their businesses flourish with employees who have found a new lease of life in the way they work.. Studies have found that remote staff are generally happier and stay in their jobs longer, (thanks in no small part to not having to rise early and engage in stressful and time-consuming commutes). And more and more of us – freelancers and small business owners included – are doing it, especially as larger companies realise the benefits involved. Last week, we published a detailed article explaining the benefits of remote work for businesses. This time has forced many companies into remote work arrangements. A business owner who implements a work at home policy gains an edge over competitors who don't allow telework. Please check your login credentials and try again. Do you rely heavily on in-person meetings? Some are night owls and work best at night, whereas others are early birds. Telecommuting can limit absenteeism, increase productivity and save money. They were allowing your employees to work from home cuts the amount of time spent commuting. Vincent Scaramuzzo, president of executive search firm, Ed-Exec, Inc. said there’s a simple way around this. The employee would be able to set up shop from a hotel room or rented house. A remote work policy doesn’t just save on commuting costs, it also reduces business overheads. See trends in health care coverage among small businesses, An editable .docx template preloaded with tools and tips. The biggest benefit to businesses is that remote work and flexible practices will help recruit and retain talented staff. January 7, 2021. Love Story Turns 50 and We Still Remember the Fashion. Working from home reduces the number of employees driving to work. Streamline onboarding, benefits, payroll, PTO, and much more with Zenefits. They think about the savings. Not only that, but you may be missing out on many of the benefits mentioned above. For remote environments, formalized expectations for employees give the manager a way to tangibly measure what was formerly qualitative. There’s a lot to be said for having a good relationship with … Not having a daily commute will also cut instances of lateness as well as absenteeism. Check out this article for help with setting up Facebook chats for your meetings https://setapp.com/how-to/facebook-video-chat-for-group-calls. To prove this point, remote workers reported 41% lower absenteeism and 13% higher retention rates than office workers. Remote Work: Awesome Benefits of Businesses Having a Remote Office. First, employees deal with less stress getting to work every morning, so they are more productive at the start of their day. He has 7+ years experience in SEO, SMO, SEM, Online reputation management, Affiliated Marketing and Content Marketing. Because that’s part of the deal, of the agreement you make with employees when they come on board.”. Employers and workers laud the benefits of remote work like cost savings on rent and utilities, less time spent commuting, and greater flexibility to organize their day. Remote work can be great — it can be collaborative, productive, and deeply satisfying. A visit to a modern office building shows how employment patterns have changed over recent years. However, I believe that there are vast benefits to supporting a remote work culture. On top of access to a more excellent pool of candidates, businesses may get cheaper labour from countries with a lower cost of living and lower salary demands. There are financial benefits of going remote with your business. I've hired teams remotely for a decade now, and there are always challenges... Pandemic Unemployment Assistance, or PUA, is a federal program available... As of April 23, both programs are out of funding, but Congress has passed... Steps companies can take to build and maintain a successful remote workplace, Catherine is a freelance writer based in Oaxaca. Remote work resolves the issue of social distancing and more. Employees can organize their time and projects to capitalize on their productive hours and work style while still meeting goals. Getting Dressed with Nowhere to Go: … Or it could look like offering team members additional PTO to take a much-needed mental health day. Everyone thinks “money” when they think about remote work. If you’re remaining remote, make sure you reflect your company values in your virtual behavior. For employees, the benefits of remote work from home are quite obvious. They are even willing to leave their onsite roles to work for a remote-friendly business. Employers and workers laud the benefits of remote work like cost savings on rent and utilities, less time spent commuting, and greater flexibility to organize their day. If making remote work permanent in your business is a commitment you’re weighing up, let me provide some incentive by listing a few benefits that I have seen by doing so. Employers today are grappling with an existential … During this time, they can use tools such as Facebook video chat for group calls to hold meetings. More important than how you communicate is that you’re clear about expectations around it. No office costs, employees living in less expensive areas don’t ask for high salaries, etc. Casey Halloran’s travel agency Costa Rican Vacations experienced a few challenges with communication after going fully remote because of the pandemic. Your employees may be up with the latest communication software. “We had become reliant and comfortable with in-person and 1:1 meetings to set priorities, clarify miscues, and inspire a sense of togetherness,” said Halloran. Companies that have remote work infrastructure can quickly deploy someone to another state or country if an opportunity arises. During the pandemic, the key to entrepreneurial survival has partly relied on remote working best practices for small businesses. Remote working can have significant benefits for many employees, which explains why half of the UK's workforce is set to be remote working by 2020. New 2021 Paycheck Protection Program Funding, Biden’s Plan to Increase the Federal Minimum Wage. Employees aren’t the only ones who benefit from working from home; a company can benefit just as greatly from a remote employee. 36% of employees would prefer flexible work arrangements for a pay rise. Most important is to recognize remote work and workers as having specific needs, then removing obstacles and providing the right resources for them. You can use the form on this page to apply for the Paycheck Protection... Hi Eileen! December 11, 2020. Deliblogic.com is the platform where you can find daily updates about Online Marketing , Business, Technology, eCommerce & Lifestyle. By integrating the cloud into the way they do business, 70 percent of small-to-medium-sized businesses report reinvesting saved money back into their business—something that couldn’t be done before due to significant office expenses. Remote Working Can Be Hugely Beneficial For Your Business. This includes attracting and retaining top talent, high employee engagement, and cost savings. We are a small handyman business and need help financially making it through this pandemic can I get a business loan? Save my name, email, and website in this browser for the next time I comment. Sometimes called telecommuting, it helps companies cut overhead costs and facilitate a more “work on your own schedule” situation for their employees. You can read more about her at, Check our complete solution to shop, compare, manage and administer benefits in minutes. The employee would be able to set up shop from a hotel room or rented house. Companies that have remote work infrastructure can quickly deploy someone to another state or country if an opportunity arises. How can I apply for an EIDL for my small business? This could be because remote workers can create a personalized work environment that is free from distractions. Businesses large and small have begun to realise that allowing their employees to work remotely, at least some of the time, brings significant cost saving benefits to the enterprise and enhances the efficiency and work life balances of their staff. Flexible practices also increase commitment and loyalty of staff members. Focusing on how to make remote work, work is more impactful than celebrating why it does. Could an Early Retirement Package Incentivize Employees to Retire? Remote employees tend to be happier than office employees because they have greater autonomy over their days. She writes about human capital trends, emerging tech, and the future of work. This will set you apart as an innovative company that modern consumers and employees will want to associate with. These companies may also need less equipment and furniture as the employees may opt to use their own. Small businesses have, in the past, had to hire sub-par talent due to budget constraints as well as the lack of prestige that more prominent companies hold. Required fields are marked *. One of the best part for remote working is that you can begin to work from anywhere and anytime. Here are some of the advantages businesses can benefit from when they offer employees remote work: Higher employees productivity For companies that pride themselves on inviting employees to bring their full selves to work, this may mean showing leniency with grace when an employee can’t make a mandatory meeting because of difficulty securing childcare. SMEs with a relatively small number of staff compared to a large corporation need to be as agile as possible in order to compete in the marketplace. Fashion. They include the elimination of a daily commute and the ability to design work environments and schedules that suit them. December 10, 2020. Workest is powered by Zenefits. Setting up your business for remote work will help you stay up to date with innovations in technology. Consider your current communication styles at your small or medium-sized business. With the advent of high-speed internet connections, Skype, and online conferencing, the rush to be sitting in an office eight to ten hours a day … To communicate with clients on, ” said Collins last five years, the benefits you... I believe that there are vast benefits to you as the business owner who implements a work home... What was formerly qualitative money ” when they think about remote work during this time, they are likely. 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